Analysis of FTSE 100 CEO pay packages shows that rewards at the top have dropped by almost a fifth, but the slow-down isnโt enough to close the gap between the average employee and executives. The annual assessment carried out by the CIPD and the High Pay Centre shows that the average FTSE 100 CEO now […]
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FTSE 100 CEO pay decreases but gap remains between employees and top earners
PAs desire to feel valued
Contrary to our own Twitter poll that shows colleagues are the most important aspect of a job, the new Hays What Workers Want Report 2017 reveals PAs are heavily influenced by pay when deciding whether to stay in a job or accept a new one. PAs value pay to ensure they are adequately compensated for […]
How to talk about pay at work
With the BBC releasing the salaries of its highest-paid stars, the hot topic of the moment is whether people should feel free to discuss their pay with their colleagues. A recent Twitter poll revealed 53% of PA Life readers think remuneration should be kept private, but those who thought it was acceptable feel quite strongly. […]
Publishing CEO pay could create fairer UK wages
Consulting company Mercer believes CEOs should compare their pay to the UK living wage in attempts to create a fairer working environment. The statement comes following the UK governmentโs review on corporate governance, which aims to produce a direct comparison in pay between an employee and their CEO. While they hope to address concerns of […]
The more you burn, the more you earn, says Buyagift research
What do Ariana Huffington, Barack Obama, Tim Cook and Richard Branson have in common? Aside from being successful beyond most peopleโs wildest dreams, they exercise daily. Not only that, but most of them exercise before the rest of the world has even stirred from slumber, according to Buyagift. Buyagift looked closely at 12 of the […]
Britainโs workforce reveal bad spending habits leaving them caught short until January payday
With another expensive Christmas period behind us, a new survey reveals the bad spending habits leaving Brits struggling to survive from an early December payday until their first wage of the new year. 10,000 people in the UK were asked by finance specialist Solution Loans which reckless spending behaviour they were guilty of โ and […]
Brits worry about their finances on payday
Research released to mark National Stress Awareness Day yesterday reveals how the nationโs emotional relationship with personal finances is downright weird. The findings counter intuitively show that the week the nation is most flush with cash is also the week the nation starts getting financially stressed, with nearly a quarter (24%) starting to have feelings […]
UK among worst in Europe for sick pay
The UK and Ireland offer the worst pay for time off sick across Europe, new research has shown. In fact, the amount of mandatory sick pay available to workers in the UK for a week of sick leave totals just ยฃ35.96 โ and nothing at all in Ireland. Through a combination of low sick pay […]
Millennials earn ยฃ8K less than previous generation
Britainโs longstanding promise of โgenerational pay progressโ could turn into a โpay penaltyโ for millennials, who are at risk of being the first generation to earn less than their predecessors over the course of their working lives, the Resolution Foundation says as it launches its flagship Intergenerational Commission (IC). The Commissionโs launch report, which analyses […]
Late payments putting UK employees in the red
More than a fifth of British workers claim bosses have failed to pay their wages on time, causing them to suffer financial losses as a result, according to new research. A study of 2,000 UK employees conducted by Cascade HR found that 22% have been paid late from their current employer at some point in […]
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