Reward management

Index here items on reward strategy and remuneration, pay structures, pay policy and practices, salary and payroll administration, total reward, minimum wage, executive pay and team reward.

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    Pay and benefits

    Bonuses pay off for top teams Companies are paying their senior managers lower fixed salaries than three years ago, as performance-related bonuses take up a greater proportion of their total pay, according to a survey by...

    PM/R£WARD® Pay index

    This is a rise from the 3.9 per cent increase seen three months ago and indicates that the figure at the end of May was the low point of a dip that began at the start of the year. The downward trend in the index seen since...

    Experts call for refereeing of football wage packets

    The entire English Football League risks being destroyed unless there is regulation to control salary inflation and the overall payroll costs of clubs, experts have warned. The call for a shake-up of the pay and benefits...

    FE sector agrees Y2K pay

    Employees on standby or call-out over the holiday period will be entitled to £250, and staff who work that weekend will get £500. The payments are in addition to normal premium working rates and will mainly benefit...

    Pensions helpline flooded

    The project, launched on 5 July and due to run until 13 August, is a joint initiative between the TUC, the DSS, and pensions’ and employers’ organisations. The helpline (0800 028 2267) was set up after growing...

    Joint action on pensions data

    The campaign will give employers and employees guidance on all aspects of the subject, including details of occupational schemes and the government’s plans for stakeholder pensions. Pension Power For You will also run...

    Pensions at a premium

    Low inflation will force employees to save at more than twice the rate of their predecessors in order to meet their pension requirements, according to a report by the Institute of Actuaries. The report estimates that an employee...

    Senior pay pushed higher

    A shortage of able company directors could be responsible for a dramatic rise in boardroom pay over the past year, according the Monks Partnership. Its latest survey has shown that the top quartile of directors enjoyed pay...

    Christmas comes early for Goldman Sachs employees

    When Goldman Sachs went public at the beginning of this month, everyone from chairman and chief executive Hank Paulson down to the security guards were given shares in the firm. The generosity of senior bosses has left low...

    Pay settlements decrease

    Pay settlements are shrinking, according to new industry figures. The latest CBI pay survey claims settlements in the manufacturing sector have fallen to 3 per cent in the three months to March, while increases in the services...