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BBC gives out pay rise to lower earners

While the rest of the country’s public sector workers are facing a pay freeze or even a redundancy notice, Auntie Beeb has given a pay rise of £475 to everyone in the organisation earning less than...

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Pay and pensions: public vs private

Last week’s strikes by the various public sector unions have brought an old bug bear back to the front line: the gap between public and private sector pay. Unions (and their members) are angry about...

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The public to private sector pay gap

Adding fuel to the public/private sector pay debate, the latest official figures show that in April 2010 a public sector employee earned 7.8% more per hour than a private sector worker. Trying to...

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The £14 billion for bankers’ bonuses

Although down on the £19 billion paid out in the heady days of 2007, last year’s £14 billion is still higher than the £12 billion paid out in 2008. The latest figures released by the Office for...

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Goldman Sachs bankers take a pay cut

The US investment banking giant Goldman Sachs has invoked a clause in its employment contracts so as to reduce the pay of hundreds of its London based bankers. These pay cuts come on the back of an 18%...

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Low Pay Awards Here To Stay, Says XpertHR

Pay rises in the remainder of 2013 are likely to be no more than 2% on average, according to the latest analysis from pay specialists XpertHR. The latest findings from XpertHR reveal that the median...

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Public Sector Pay Keeps Falling

Public sector pay continues to fall for the fourth consecutive month according to new figures from the VocaLink Take Home Pay Index released yesterday. The index reveals that public sector take home...

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Pay Cuts In Real Terms Continue Despite Brighter Economic Outlook

The going rate for pay awards continues to be just 2% despite better news on the economy, according to research from XpertHR based on pay deals covering almost one in four of the UK workforce (7.3...

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National Minimum Wage Rises

From today (Tuesday 1 October 2013) the National Minimum Wage (NMW) will rise in accordance with the recommendations set out by the independent Low Pay Commission (LPC) in April this year. The NMW will...

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MBA Salaries Rising Around The World

The annual QS TopMBA.com Jobs and Salary Trends Report, released yesterday on TopMBA.com, reveals a near-global rise in MBA salaries and compensation around the world. The report, compiled by the team...

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ACFO: Take-Up For Company Cars Among Employees Is Rising

Employer interest in offering car salary sacrifice schemes to staff is increasing, but there remain significant concerns about the viability of such a benefit in some organisations, according to the...

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Women Still Earn £5,000 A Year Less Than Men

Women working full-time still earn almost £5,000 a year less than men, though the pay gap in some jobs is three times bigger, according to a TUC analysis of official figures published to mark Equal Pay...

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Government Reveals New Support To Protect Interns’ Right To Fair Pay

- New guidance will provide further support to interns uncertain about their pay rights. - HMRC targets 200 employers advertising intern opportunities. - Results of London Fashion Week enforcement...

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CIPD: Employment And Pay Operate At Two Different Speeds

The latest quarterly labour market statistics, published earlier today by the Office for National Statistics (ONS), indicate that the current high levels of demand for jobs is not feeding through to...

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Benchmark 2013 Pay Award Is Just 2%

Pay awards in 2013 are confirmed at just 2%, according to the latest data from pay specialists XpertHR. The median basic pay award over 2013 to date, at just 2%, is below the current increase in...

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Pay Deals Reflect Growing Economic Optimism

Workers finally look set to see the benefit of the fledgling economic recovery in their pay cheques, according to the latest pay data[1] from EEF, the manufacturers’ organisation. The survey shows that...

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Pay, Employment and Incomes All Fall Furthest for Young Adults

The recession and its aftermath have been much harder on the young than the old. The employment rate of those in their 20s has fallen, while employment among older individuals has not; and real pay...

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Pay and productivity: the next phase

In a speech on Monday to the Automotive Fellowship international dinner, Jon Cunliffe reviews the prospects for productivity growth in the UK and explains its importance to the Monetary Policy...

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IoD – Strong business performance drives higher bonuses

The Institute of Directors daid today that it welcomes news that both wages and bonuses are increasing, and suggests lower bonuses in the financial sector are a sign of post-crisis culture shift...

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In some parts of the UK over three-quarters of part-time women earn less than...

In some parts of the UK over three-quarters of women working part-time earn less than the Living Wage, according to new analysis published today (Wednesday) by the TUC to mark Part-time Equal Pay Day....

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