Executive pay
Reducing CEO pay ‘would fund significant pay rises for low earners’
Reducing top executives’ pay by 3% could fund a median pay rise of £2k for FTSE 350 companies’ lowest earners.
Construction, automotive and hospitality firms reopen sites
Construction giant Taylor Wimpey, which has announced a phased reopening of its building sites from Monday 4 May, is among...
Rules for furloughed directors ‘muddled and contradictory’
The government has been accused of providing conflicting advice over what activities directors can carry out while furloughed.
One in four FTSE 100 bosses has taken a pay cut
One in four bosses of FTSE 100 companies has taken a pay cut during the coronavirus crisis, according to research...
Directors’ rights and responsibilities under CJRS
On 4 April HM Revenue and Customs published new guidance on the Coronavirus Job Retention Scheme (CJRS). Up until now,...
Government urged to take equity stake in airlines to protect jobs
EasyJet's £174m dividend payout attracts criticism while negotiations aimed at rescuing the coronavirus-hit aviation sector continue.
British Airways warns of sweeping job cuts in response to coronavirus
Airlines scramble for immediate cost cuts as Covid-19 and travel bans hit aviation sector.
Employees on boards do not restrict CEO pay
Having an employee representative on the board does not necessarily mean that a CEO’s pay will be reduced, according to...
Huge public sector redundancy payouts revealed despite ‘ban’
Level of payouts far in excess of stated government cap of £95,000.
Lloyds staff struggling with money, according to union survey
Almost a third of workers at Lloyds Bank are struggling financially, according to a confidential union survey seen by The...
Workers afraid to discuss pay because of secrecy clauses
Almost a fifth of workers don’t talk about their pay at work because they are not allowed, according to research...
2020 employment law: Eight action points for HR
The new year begins with a new government, the prospect of Brexit and a number of employment law developments already...
Executive pay ratio reporting an ‘opportunity’ to win employees’ trust
Employers have been warned not to treat a new measure to encourage fair pay practices as a “tick-box” exercise and...
Labour would help workers ‘take back control’
A future Labour government would “rewrite the rules of our economy” and would help workers “take back control”, John McDonnell...
Improve pensions equality or face shareholder rebellion, say investors
Organisations with directors who are paid more than 25% of their salary as a pension contribution could risk shareholder dissent...
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