Search Results for: salary

September 1, 2015

Government announces plans to improve national levels of fair pay ⁰

by Sara Bean • Legal news, News, Workplace

A package of measures designed to improve levels of fair pay have been announced by the Government today; including doubling the penalties for non-payment of the National Minimum Wage and the new National Living Wage; increasing the enforcement budget and setting up a new team in HMRC to take forward criminal prosecutions for those who deliberately do not comply. A new team of compliance officers in HMRC will investigate the most serious cases of employers not paying the National Minimum Wage and National Living Wage when it is introduced in April 2016. This team will have the power to use all available sanctions, including penalties, prosecutions and naming and shaming the most exploitative employers. Employers who fail to pay staff at least the minimum wage they are legally entitled to will have to pay double what they do now.

August 26, 2015

Women in full time work earn 22 percent less than men, claims study ⁰

by Mark Eltringham • Legal news, News, Workplace

Women managers are effectively working for free nearly two hours every day, according to a report into the gender pay gap from the Chartered Management Institute and Xpert HR. The report draws on a survey of 72,000 UK managers published which found that women working in full-time roles earn 22 percent less than men, which the authors claim means they are ‘unpaid’ for 1h 40m a day. According to the analysis of the data from the 2015 National Management Salary Survey, for men and women of all ages and in all professional roles the pay differential now stands at an average of £8,524, with men earning an average of £39,136 and women earning £30,612. In 2014, the gap stood at £9,069, or 23 percent. The difference rises to £14,943 for senior or director-level staff, with men earning an average of £138,699 compared to the average for women of £123,756.

August 14, 2015

Far from being on board, older women still face recruitment bias ⁰

by Sara Bean • Comment, News, Workplace

The news that the Davies review has met its 25 per cent target for female representation on boards, and is now considering setting a target that a quarter of executives at FTSE 100 companies should be female, has been met with approval by the Institute of Directors, which said it was right that the focus is on increasing the number of women in senior executive positions. But what about those further down the salary scale, where many older women struggle to even get a job interview? A recent study carried out by Anglia Ruskin University’s Lord Ashcroft International Business School shows that older jobseekers face widespread discrimination in the UK, with older female applicants more likely to experience bias than men. The study found no significant link between a company having a HR department or providing commitments to equal opportunities, and the level of discrimination it displayed.

July 16, 2015

Women are less assertive in asking for a pay rise than men

by Sara Bean • Flexible working, Legal news, News, Workplace

There has been much focus on gender pay this week with the announcement that larger companies will be forced to disclose pay rates. Now a new poll suggests another reason why women’s pay lags over their career, a lack of assertiveness. A report commissioned by Glassdoor found that only a quarter of UK women (27 percent) feel confident they will receive a pay rise within the next 12 months, compared to 40 percent of men. Women are also less likely to leave a job because of low salary than men – 30 percent of women said that low salary had been the major factor behind them moving on from jobs in the past, compared to 39 percent of men. The Glassdoor UK Employment Confidence Survey, conducted online by Harris Interactive, monitors four key indicators of employee confidence: job security, salary expectations, job market optimism/re-hire probability and business outlook optimism.

July 14, 2015

Homeworkers left to fund their own technology by stingy bosses

by Sara Bean • Comment, Facilities management, Flexible working, News

Last week we learnt that for some employers, homeworking is only to be encouraged when it’s out of hours. Now new research from Regus suggests that only around a third of people encouraged by their employers to work from home (35 percent) receive any contributions from their firm to fund the fit-out. The survey of over 4,000 senior business people found that the majority (82 percent) of employers refuse to cover all the costs incurred for creating and maintaining a work space for homeworkers. This proves costly for staff, as a quarter (25 percent) of respondents said that it would take a whole monthly salary for them to fit-out their home, while the average cost of running a home office in the UK is almost £2,000 a year. Nearly half (43 percent) of workers think that most companies encouraging their employees to work from home are simply trying to transfer the workspace cost onto the employee.

July 3, 2015

One in five Americans would change jobs for better work-life balance

by Sara Bean • Flexible working, News, Wellbeing, Workplace

More than half of US and Canadian employees report feeling overworked and burnt out (53 percent), yet the overwhelming majority (86 percent) say they are still happy at work. According to the inaugural Staples Advantage Workplace Index employees are working longer days, with about a quarter of them regularly working after the standard workday is done. A key motivator is to advance in the organization, with nearly two-thirds of respondents seeing themselves as managers in the next five years. Though employees are largely conditioned to working longer hours, about one in five do expect to change jobs in the next twelve months. Steps employers can take to improve happiness levels include; adding more office perks, improving office technology and providing a better office design. Alongside this, with employees working longer days and on weekends, the biggest request is for employers to provide more flexibility. More →

June 18, 2015

Gen Z workers will be far more conventional than commonly assumed

by Sara Bean • News, Technology, Workplace, Workplace design

Despite being the first generation of workers to boast ‘native’ digital skills, so-called ‘Gen Z’ is far more conventional than previously assumed. The coming generation of 16-19 years-olds who are fast approaching the jobs market will care far more about their workplace and their employer’s ethics than Gen Y, new research from recruiter Adecco claims. The research shows that long-term security is more appealing to Gen Z than short term perks; with gym memberships (12%), free technology (16%) and time off to travel (26%) rejected in favour of qualifications and job security; at 43 percent and 41 percent, respectively. However, the research does show they have strong personal ambition and high expectations from employers, with half of those surveyed expecting a promotion within their first year of employment and the same number expecting to move on from an employer within two years.

June 10, 2015

Flexible hiring out of step with flexible working, especially in London

by Sara Bean • Flexible working, News, Workplace

Only a handful (6.2%) of new jobs offer both decent salaries and the opportunity to work flexibly, according to new research from Timewise. Despite technological advances and significant changes in how and where people work, employers consistently underestimate how precious a benefit is flexibility, and rarely mention it in job ads. The flexible talent pool is massive; with more than 5.4 million people already in flexible roles, yet the number of jobs advertised with flexibility are so scarce that 77 percent of flexible workers feel ‘trapped’ in their current role, leaving those who want flexibility to fit with modern life, locked out of chances to progress. Flexible opportunities are better outside of the Capital, as candidates looking for flexible jobs have comparatively greater opportunities in Scotland, Northern Ireland and in the north of England.

May 14, 2015

The cost to the UK’s medium sized businesses of unwanted email

by Mark Eltringham • News, Technology, Workplace

Managing unwanted email could be costing the UK’s 31,000 medium-sized businesses more than £34,000 a year each, according to an analysis of time spent on managing spam, phishing and other unwanted emails by Mailprotector. Using filtering statistics from its customers, Mailprotector analysed medium sized firms over a 30-day period. It found that each employee receives 25 unwanted emails per day on average, which take around 5 seconds to open, glance at and delete, equating to almost one working day a year (6.94 hours). Calculating employee costs, based on an average annual salary of £28,000, and factoring in support costs – based on the number and cost per support call – the losses can add up to over £34,000 per year per company, according to the study.

April 28, 2015

Microsoft named most attractive major employer to work for worldwide ⁰

by Sara Bean • Company news, Flexible working, News, Workplace

Microsoft has been voted the most attractive employer of the world’s top fifty companies. Over two thirds (67.8%) of respondents in the Global Randstad Award survey 2015, said they would like to work for the multinational tech company. The IT industry was revealed as the most popular sector by 69 percent of men and 70 percent of women, with the runners-up being Sony and Samsung. Microsoft was voted the most attractive employer within the IT industry for its highly educated potential workforce, being the primary global employer brand for women and for its ‘drivers of choice’; named as salary, career progression, pleasant working atmosphere, interesting job content and strong leadership. In the survey, respondents said the most important reason why they’d leave an employer is a limited career path with the most mentioned reason to stay being a good work-life balance.

April 28, 2015

Work life balance ranked over performance in global career poll ⁰

by Sara Bean • Flexible working, News, Wellbeing, Workplace

A global survey has revealed being happy at work is more important to staff than a high performance, while nearly half of those polled (45%) in the career survey of 1,225 employees worldwide, by Right Management say achieving a work life balance is the most important issue in their career. This was compared to 17 percent who voted ‘being the best at what they do’ as their top career aspiration. More than half of European workers, (55%) aspire to a work life balance, followed by Asia Pacific (37%) and North America (35%). And in terms of age, it is Millennials at 14 percent that are least likely to aspire to be the best at what they do, compared to Baby Boomers (22%) and Gen X (17%). When it comes to success, enjoyment/happiness at work trumps performance and salary: as 26 percent of employees define success in the workplace as enjoyment/happiness.

March 16, 2015

Employee benefits policies still not family friendly, claims new report

by Mark Eltringham • Flexible working, Legal news, Workplace

Fewer than half (48 percent) of UK employers offer enhanced maternity pay to staff, claims a new study by Croner. According to the Croner reward employee benefits report, based on a survey of 127 employers, the most commonly offered enhanced scheme was 3 months leave at full pay. The research also found that fathers fare even worse with less than a third of firms offering paternity leave above the statutory minimum, with 62 percent offering full pay for a period of two weeks. Commenting on the findings, Viv Copeland of Croner says: “While some family friendly benefits such as flexible working and childcare vouchers have really grown in the last few years, the offer of enhanced maternity and paternity leave and pay still has a long way to go. The recent legislation around shared maternity/ paternity leave should bring some fresh thinking to this area from parents and employers alike.”