January 5, 2016
UK commuters spend far more on rail fares than other European workers 0
At 1.1 percent the New Year rail fare increases are the lowest since 2010, but UK rail commuters still spend up to six times as much of their salaries on rail fares as European passengers, new analysis has revealed. Action for Rail, a campaign by rail unions and the TUC, has compared average earnings with monthly season tickets on similar commuter routes across Europe. The analysis looked at a UK worker on an average salary who is now spending 13 percent of their monthly wages on a £357.90 monthly season ticket from Chelmsford to London. By contrast, the average amount of salary going on a monthly season ticket for a similar journey is just 2 percent in Italy, 3 percent in Spain and 4 percent in Germany. Even in France, which is the closest to the UK for cost, commuters still spend nearly a third (30 percent) less on season tickets than their counterparts in the UK.
December 15, 2015
Focus on women on boards masks other determinants of female leadership 0
by Sara Bean • Comment, Legal news, News, Workplace
High profile initiatives such as Lord Davies’ report are doing their bit to increase gender composition, but according to the latest research, based on current “business as usual” trends, women are unlikely to comprise 30 percent of directorships in publicly held companies until 2027. This is despite the fact that the latest research of companies in the MSCI World Index with strong female leadership generated a Return on Equity of 10.1 percent per year versus 7.4 percent for those without. Although a direct causal link between women directors and better outcomes has yet to be established, many institutional investors are increasingly focused on the gender composition of company boards. Some studies show significant outperformance by companies with women on boards, though no one can show a direct link between the two. Focusing exclusively on the make-up of boards however, can mask other important dimensions of female leadership.
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