compensation
FinanceMore UK Employers Plan Reduced Pay Increases for 2025, Idr Survey Shows
Top StoriesNigerian Communities Seek $310 Million From Shell, Want Asset Sale Stopped
BusinessThousands of Workers at UK Retailer Next Win Equal Pay Case
BusinessPay Gap Between Bosses and Ordinary Workers Widens in Switzerland
UK Employer Pay Awards Soften in Three Months to July, Brightmine Survey Shows
Date: August 21, 2024
(Reuters) – Pay awards granted by British employers fell during the three months to July, according to a survey on Wednesday that chimed with Bank of England forecasts for slowing wage growth. Median basic pay settlements in the three months to July were 4.5% higher than a year earlier, the smallest rise since the...
Navigating Legal Finance Options: From Settlements to Structured Payments
Date: August 15, 2024
When you are involved in a legal case that leaves you with the potential to receive financial compensation, this can be an important opportunity to shore up your financial future. The problem is that there’s not just one option for how you’ll receive your payout, and in fact you’ll have a couple of routes forward...
Britain’s CEOs Get Record Pay in 2023, Research Shows
Date: August 12, 2024
LONDON (Reuters) – The bosses of Britain’s biggest companies enjoyed record pay in 2023, with nine firms offering them packages of more than 10 million pounds ($12.75 million), research on Monday showed, as British workers argue for higher wages. The median pay for a FTSE-100 company CEO rose 2.2% to 4.19 million pounds last...
UK Employers Plan Smallest Pay Rises in Two Years, Survey Shows
Date: August 12, 2024
By David Milliken LONDON (Reuters) – British employers expect to raise pay by 3% over the coming year, the lowest planned increase in two years and down from 4% three months ago, a survey from the Chartered Institute of Personnel and Development showed on Monday. The news is likely to reassure the Bank of...
As Losses Mount, CrowdStrike Says Bug in Quality-Control Process Led to Botched Update
Date: July 25, 2024
By James Pearson LONDON (Reuters) -A software bug in CrowdStrike’s quality-control system caused the software update that crashed computers globally last week, the U.S. firm said on Wednesday, as losses mount following the outage which disrupted services from aviation to banking. The extent of the damage from the botched update is still being assessed....
UK Pay Settlements Hold at 4.9% in Three Months to June
Date: July 24, 2024
By David Milliken LONDON (Reuters) – British employers offered average annual pay settlements of 4.9% in the three months to June, unchanged from the previous month, industry data showed, highlighting continued strong wage growth that may sustain the Bank of England’s inflation worries. Brightmine, which compiled the data based on 145 pay settlements covering 370,000...