Average pay awards still lie below inflation at 2%, according to data from HR and reward consultancy Paydata.
Compensation
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Almost half (49%) of reward professionals identified a robust salary structure as their top priority for the year ahead, according to new data from XpertHR.
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April, the busiest month for pay rises, sees most pay increases improve, but a jump in inflation could be cause for concern.
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Unions are disappointed that XPO Logistics has paid its CEO a $3.3m bonus while claiming millions in furlough grants.
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Online retailer criticised for poor working practices in its supply chain looks to shake up executive bonuses.
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Almost 40% of investors voted against an almost £1m bonus for the chief executive of Foxtons at its annual general meeting yesterday.
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Deliveroo’s plans to say reward its most experienced riders with bonuses saw many riders receiving the wrong amounts.
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Almost half of organisations do not have a financial wellbeing programme in place, the CIPD's survey found.
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Law firms have been rewarding staff with regular or ‘spot’ bonuses to make up for pay cuts or freezes made when the Covid-19 pandemic first hit.
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Supermarket chain Morrisons has promised to pay staff a minimum of £10 an hour in a new pay deal that...
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The more focus companies put on financial incentives for CEOs’ bonuses, the worse the firm’s commercial performance, according to a...
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The median FTSE 100 CEO’s earnings will surpass that of the median annual wage for a full-time worker in the...
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Lloyds Banking Group's new boss will be paid up to £5.5m in annual pay and bonuses – about a fifth less than his predecessor.
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Senior executives' relationship with new employers is changing as they look to safeguard their positions against a background of instability.
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Almost a fifth (18%) of organisations have had to cut pay because of the pressures brought by the pandemic, while...