Savoo has delved into historical data covering the last 35 years to find out how disposable income has evolved compared with the cost of living and inflation rates, to show if we really are better or worse off. Whether itโs spending money on the big food shop or treating yourself to a cinema trip, disposable […]
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salary
Brits would be ยฃ25,397 better off each year if salaries increased at the same levels as inflation since 1987
What not to say when asking for a pay rise
2021 sparked Theย Great Resignationย where one in four people within the UK left their current workplace. According to Google trend data, the search termย โhow to ask for a pay riseโ,ย has seen a 225.57% uplift within the last month alone. Such data indicates that the events of the past 18 months, along with the typical tendency to […]
Only 41% of workers think theyโre paid โwhat they are worthโ
A new survey by HR software provider CIPHR suggests that most people donโt believe theyโre being paid what they think โthey are worthโ to do their current jobs. And, perhaps unsurprisingly, the longer itโs been since they last received a pay rise โ then the more inclined they are to feel this way. CIPHR polled […]
68% of employers are considering pay cuts for remote workers
More than two-thirds (68%) of British businesses are contemplating pay cuts for staff who opt to work from home, despite many (53%) saying theyโveย actually savedย money by having more remote workers. CIPHR polled 150 business owners, CEOs, and senior managers to find out more about employersโ attitudes towards staff working from home. All survey respondents work […]
Work-life balance more important than salary for two thirds of Brits
A flexible and remote working structure imposed on the nation over the past months, has for the first time in seven years, seen work life balance overtake an attractive salary and benefits package as the most desired factor, when choosing an employer. The findings were revealed by specialist recruiter, Randstad within its latest global employer […]
UK employees would take a ยฃ2,665 pay cut to avoid going back to the office
Saving money on the daily commute, no need to worry about what to wear and no office politics to deal withโฆ are just a handful of benefits to working from home. And many donโt want to give it up now. Insolvency Support, provider of business support, tips and resources, conducted a survey of 3,000 employees […]
Working hours and salary main career change considerations
A YouGov survey of 2,000 adults has found that while money is predictably the biggest motivator behind moving jobs (64%), over half of the respondents cited working hours as an important factor (55%). In line with National Careers Week (w/c 2nd March), The Oxford Open Learning Trust commissioned the survey to explore the major motivations […]
50% of women avoid asking for a pay rise
2019 UK wages saw the fastest rise in just over a decade, increasing by 3.9% in just three months, but research collated by Instant Offices reveals that women are still less likely to ask for a pay rise as less than half (43%) often feel โuncomfortableโ doing so. One-third of women state they believe they are over qualified […]
STAT BOMB: UK workers will earn over ยฃ27,500 making hot drinks
Boffins at Tea and Coffee have worked out that on average a person within the workplace will earn ยฃ27,745, from within their overall salary, making hot drinks over the course of their lifetime. Analysing data derived from an online survey, it found that this hot beverage making side hustle differs by industry: Architecture – ยฃ37,295.41 […]
What’s the right salary for your age?
Thereโs a direct link between age and salary โ for most people they will increase together as new skills are learned, more experience is gained, and potential is increased. Several variables also affect salary, including industry, development, skill set and even gender. Here are the facts about what employees need to know according to Instant […]
5 top tips for salary offers & negotiation
Do you know your worth? More importantly, do you know how to negotiate your salary to match what you are worth? Aaron Wallis, sales recruitment, has collated a series of tips for offering the right salary package to candidates. Offering the right salary is crucial when looking to recruit top talent: offer a package too […]
Thinking of a career break? It could cost you ยฃ60k
Brits taking a career break could lose as much as ยฃ1,300 off their annual salary over the course of an average 47 year career, costing more than ยฃ60,000, according to new research from Adzuna. The data – collated by the job site in June 2018ย by analysingย 406,011 CVsย – takes into account all types of career breaks, […]
PA Life readers reveal if they are battering their credit card
Our avid readers have responded to a Twitter poll asking if they are often falling into their overdraft at the end of the month. After a studyย discovered that millions of Brits feel like they are living beyond their means, and their salaries aren’t lasting until the end of the month, 43 per cent of you […]
One in six Brits are lying about their wages
Brits are not being honest when it comes to their salary, with 17 per cent telling others that they earn more to seem wealthier. Research of 1,000 workers carried out by loan broker Norton Finance, found that 34 per cent of those who lie did so to give others the idea that they earned as […]
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 […]
Get set for growth
Experts believe an increase in demand for skilled personal and executive assistants could mean average pay for these roles will grow. Nick Allwood from Robert Walters explores this shift in the industry 2016 was a year marked by surprise political shifts in the UK and abroad, and many feared this could see employer confidence shaken, […]
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 […]
PA salaries to grow in 2017 as employers look to support sustainable growth
The 2017 Robert Walters Global Salary Survey has revealed that personal assistants will see the strongest salary growth of all business support professionals, with salaries rising 10% year-on-year. Nick Allwood, Manager at Robert Walters comments: โDespite an uncertain economic climate, employers, particularly in the North West, are still looking to achieve steady growth in 2017, […]
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