what is pay fairness and how does pay transparency contribute to it?
Come along and join the discussion @cipd.bsky.social
reward conference in May with me and @charlescotton.bsky.social
events.cipd.co.uk/reward-and-b...
In our latest @cipd.bsky.social Policy Update, @charlescotton.bsky.social asks the question in his article: How can defined contribution pensions deliver better value? 👇
www.cipd.org/uk/views-and...
Analysis by @cipd.bsky.social .social of 1,055 employers that use a defined contribution pension scheme to automatically enrol eligible workers finds that 67% of employers believe that their workplace DC plan represents value for money. More at: www.cipd.org/uk/views-and...
Analysis by @cipd.bsky.social of 1,055 employers that use a defined contribution pension scheme to automatically enrol eligible workers finds that 44% of employers performed a value for money review of their DC plan in the past five years. More at: www.cipd.org/uk/views-and...
A green sign that says Pension
Analysis by @cipd.bsky.social of 1,055 employers that use a defined contribution pension scheme to automatically enrol eligible workers finds that in 68% of workplaces, HR and payroll teams are responsible for the DC plan. More at: www.cipd.org/uk/views-and...
Do you want to know what it's like working in reward? As part of a mini series exploring HR careers, People Management magazine speaks to reward professionals about what it's like working in pay and benefits. More at www.peoplemanagement.co.uk/article/1908...
Marks & Spencer will increase pay for its 50,000 retail workers by 5% from April 1. The pay for UK customer assistants will increase to at least 12.60 pounds an hour, with workers in London paid 13.85 pounds an hour. More at www.reuters.com/business/ret... @cipd.bsky.social
Women are 50% more likely to be in low paid work than men, with 18.7% of jobs held by women paid below the real UK Living Wage, compared to 12.6% of jobs held by men, finds the Living Wage Foundation www.livingwage.org.uk/news/nearly-... @cipd.bsky.social
Everyone deserves an extra pancake tonight!
The cost of butter, cheese and eggs has pushed UK food inflation to a five-month high, according the British Retail Consortium. Annual food inflation rose from 1.6% in January to 2.1% in February, data that underscores persistent cost of living pressures www.ft.com/content/bac6... @cipd.bsky.social
The end of the UK banker bonus cap has resulted in increased pay at Barclays and HSBC where the highest-paid bankers have received their biggest payouts since at least 2014. More at www.theguardian.com/business/202... @cipd.bsky.social
Pension sign
Less than a third (28 per cent) of Gen X are on track to meet their retirement savings goals that would enable them to live 'comfortably' through retirement, according to research from Get Britain Pension Ready. More at www.pensionsage.com/pa/Less-than...
Payslip
New research finds that nearly 80 percent of the US gender pay gap is driven by women having flatter work experience arcs compared with men, based on an analysis of 86,000 real-life online career histories. More at www.mckinsey.com/mgi/our-rese...
Big London-listed companies are increasing executive pay amid a shift in investor sentiment and competition with US firms. The removal of the EU bonus cap has also driven UK banks to propose higher payouts. More at chatgpt.com/c/67bd99f3-e...
Firms should flag this to employees: HM Revenue and Customs data shows 23,000 people paid over a total of £27m in just 10 days earlier this month. They were paying to fill gaps in their national insurance records in order to improve their eventual state pension. www.theguardian.com/money/2025/f...