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

23 Apr 2020

Construction giant Taylor Wimpey, which has announced a phased reopening of its building sites from Monday 4 May, is among...

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Rules for furloughed directors ‘muddled and contradictory’

16 Apr 2020

The government has been accused of providing conflicting advice over what activities directors can carry out while furloughed.

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One in four FTSE 100 bosses has taken a pay cut

15 Apr 2020

One in four bosses of FTSE 100 companies has taken a pay cut during the coronavirus crisis, according to research...

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Directors’ rights and responsibilities under CJRS

9 Apr 2020

On 4 April HM Revenue and Customs published new guidance on the Coronavirus Job Retention Scheme (CJRS). Up until now,...

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Government urged to take equity stake in airlines to protect jobs

23 Mar 2020

EasyJet's £174m dividend payout attracts criticism while negotiations aimed at rescuing the coronavirus-hit aviation sector continue.

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British Airways warns of sweeping job cuts in response to coronavirus

13 Mar 2020

Airlines scramble for immediate cost cuts as Covid-19 and travel bans hit aviation sector.

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Employees on boards do not restrict CEO pay

11 Mar 2020

Having an employee representative on the board does not necessarily mean that a CEO’s pay will be reduced, according to...

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Huge public sector redundancy payouts revealed despite ‘ban’

24 Feb 2020

Level of payouts far in excess of stated government cap of £95,000.

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Lloyds staff struggling with money, according to union survey

10 Feb 2020

Almost a third of workers at Lloyds Bank are struggling financially, according to a confidential union survey seen by The...

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Workers afraid to discuss pay because of secrecy clauses

15 Jan 2020

Almost a fifth of workers don’t talk about their pay at work because they are not allowed, according to research...

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2020 employment law: Eight action points for HR

8 Jan 2020

The new year begins with a new government, the prospect of Brexit and a number of employment law developments already...

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Executive pay ratio reporting an ‘opportunity’ to win employees’ trust

6 Jan 2020

Employers have been warned not to treat a new measure to encourage fair pay practices as a “tick-box” exercise and...

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Labour would help workers ‘take back control’

19 Nov 2019

A future Labour government would “rewrite the rules of our economy” and would help workers “take back control”, John McDonnell...

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Improve pensions equality or face shareholder rebellion, say investors

27 Sep 2019

Organisations with directors who are paid more than 25% of their salary as a pension contribution could risk shareholder dissent...

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