Search Results for: pay ratio

Pay equality and benefits key considerations for future of flexible working

Pay equality and benefits key considerations for future of flexible working

flexible workingAround half of UK workers polled in a new study, think that pay and benefits should be based on ability, regardless of where an employee is located. The Global Workforce Revolution report, published by Remote, claims to identify the key priorities for companies looking to extend remote and flexible working practices as a result of the Covid-19 pandemic. More →

Job fulfilment, not pay, motivates Generation Y talent

iStock_000016736277Small

Today’s 20-to-30-something workforce, representing the management class of the future, values job fulfilment over financial reward, according to research by the iOpener Institute, which analysed responses from over 18,000 professionals. The study shows that Generation Y, the digital cohort born after the early 1980s, are motivated to stay with their employer, and to actively recommend their organisation to friends, by the level to which they are fulfilled in their job, rather than their levels of pay. More →

Exploring the gender pay gap in Germany: a closer look at salary inequality

Exploring the gender pay gap in Germany: a closer look at salary inequality

This article explores the gender pay gap in Germany, investigating the underlying factors and possible remedies to tackle the problemIn Germany, just like in numerous other nations, the gender pay gap remains a subject of significant worry and discussion. The persistent issue of unequal pay between men and women, where women frequently earn less than their male colleagues for the same job, persists. This article seeks to explore the gender pay gap in Germany in more detail, investigating the underlying factors that contribute to this gap and considering possible remedies to tackle this problem. More →

Generations in the workplace: setting the record straight

Generations in the workplace: setting the record straight

A middle aged man and a younger male colleague sit in comfortable chairs having a conversation to illustrate a conversation between generations of workersIf there were an algorithm to create a word cloud in response to searches for ‘What millennials want in the workplace?’, you’d expect to see Google spew out terms such as ‘flexibility’, ‘meaning’, ‘fairness’, ‘equality’, ‘inclusivity’, ‘opportunity’, ‘connections’, ‘socialising’ and ‘experience’. Do the same with ‘Gen Z’ replacing ‘millennials’ and – guess what – you’ll see the exact same word cloud, although perhaps in a different colour and order so you don’t think it’s based on the same homogeneous assumptions about younger generations. More →

Unlocking the digital frontier: hiring the next generation of tech talent

Unlocking the digital frontier: hiring the next generation of tech talent

Any business that is looking to grow its consumer base or expand into new markets is likely to be relying on digital technology to a greater extent than ever before both in their operations and management. This also means that the world of employment, both for workers and enterprises, is necessarily evolving too. An inevitable consequence of this evolution has been that those for whom technology has been an essential part of their life and education — so-called digital natives — are in growing demand. More →

Is the growing number of working mums a cause for celebration or concern?

Is the growing number of working mums a cause for celebration or concern?

working mumsWorking mothers are a resilient group, accustomed to juggling work responsibilities and family time with aplomb. Such was the conclusion in a report from McKinsey last year. But the day-to-day challenges they face can severely test that resilience. The proportion of working mums in the UK has just matched the highest ever recorded figure. In the three months to June, 75 per cent of women with dependent children were in employment, according to the Office for National Statistics. By comparison, 93 per cent of fathers were in employment during the same period. More →

Work-life balance more important than pay for two thirds of people

Work-life balance more important than pay for two thirds of people

work-life balanceRising inflation and the UK’s cost-of-living crisis have put a lot of pressure on employers to increase wages and starting salaries this year, but a new survey suggests that there’s something that employees value more than pay – work-life balance. HR and payroll software provider CIPHR polled over 1,000 UK workers to find out which job aspects matter most to them. Based on the results, over two-thirds (70 percent of women and 65 percent of men) see work-life balance – albeit a term that can mean different things to different people – as being more important than their pay and employee benefits combined (selected by 60 percent of women and 57 percent of men). More →

Location pay doubts are now rife amongst organisations

Location pay doubts are now rife amongst organisations

location payThe latest data from XpertHR suggests that 44 percent of UK organisations are ‘unsure’ about the future of their location pay arrangements following the coronavirus pandemic and the subsequent shift to hybrid working. Location pay is currently offered by more than half of UK organisations (55 percent). Its most common form is a London allowance on top of basic pay (offered by 40 percent of organisations),with inner London employees receiving a median location payment of £3,775 (£3,250 in outer London). More →

COVID-19 has contributed to the gender pay gap

COVID-19 has contributed to the gender pay gap

womenAccording to new research by the ADP Research Institute, People at Work 2021: A Global Workforce View, women are being left behind when it comes to being rewarded financially for taking on new roles or additional responsibilities to fill gaps left by COVID-19 related job losses. More →

Over two-thirds of employers are considering pay cuts for remote workers

Over two-thirds of employers are considering pay cuts for remote workers

pay cutsA new survey by CIPHR claims that over two-thirds (68 percent) of British businesses are contemplating pay cuts for staff who opt to work from home, despite many (53 percent) saying they’ve actually saved money by having more remote workers. More →

UK tech workers prefer better work-life balance to a pay rise

UK tech workers prefer better work-life balance to a pay rise

work-life balanceWhen it comes to job satisfaction, Denmark tops the list of the best places to work in digital in Europe – beating the UK, Germany and France – according to the 2020 Digital Talent Global Work Happiness Index. The Nordic country scored highly for work-life balance, family-friendly working models, purpose, personal safety and personal impact, which describes how much impact an individual feels they are making to their business.  More →

Commercial tenants will be protected from eviction if they cannot pay rent

Commercial tenants will be protected from eviction if they cannot pay rent

Commercial tenants who cannot pay their rent because of coronavirus will be protected from eviction, the government has announced. Many landlords and tenants are already having conversations and reaching voluntary arrangements about rental payments due shortly but the Government says that it recognises businesses struggling with their cashflow due to coronavirus remain worried about eviction. More →

Translate >>