compensation
Top StoriesOcado Plan to Extend Incentive Scheme Opposed by 29% of Agm Votes
Top StoriesAmazon France Pay Deal Rejected by Unions on Last Day of Talks
Top StoriesReal Risk of Wage-Price Spiral in Germany, Deutsche Bank Says
Top StoriesDeliveroo Suspends Pay Cut for UAE Delivery Riders After Rare Worker Strike
Bayer Gets Shareholder Rebuke for Management Remuneration
Date: April 29, 2022
FRANKFURT (Reuters) – Shareholders of Bayer on Friday voted to reprimand the German drug and farming supplies maker for its top management pay scheme, after one leading proxy advisory group said it did not adequately reflect Bayer’s litigation burden. At Friday’s annual general meeting, 75.89% of shareholders voted against approval of the report on executive...
Musk Told Banks He Will Rein in Twitter Pay, Make Money From Tweets -Sources
Date: April 29, 2022
By Krystal Hu and Anirban Sen (Reuters) -Elon Musk told banks that agreed to help fund his $44 billion acquisition of Twitter Inc that he could crack down on executive and board pay at the social media company in a push to slash costs, and would develop new ways to monetize tweets, three people familiar...
UK Pay Settlements Heading to Highest Since 2008 – XpertHR
Date: April 27, 2022
LONDON (Reuters) -British employers are starting to offer the biggest annual pay rises since 2008, but the increases are still not keeping up with fast-rising inflation, human resources data company XpertHR said on Wednesday. Provisional figures for April — when almost half of British pay deals take effect — showed a median annual pay award...
UK Employers Offer Average 2.8% Pay Rise to Staff – Survey
Date: April 18, 2022
LONDON (Reuters) – British employers are offering annual pay settlements worth an average increase of 2.8% to staff, well below the rate of inflation, a survey showed on Monday. The Chartered Management Institute said many businesses were wary of offering pay rises when other costs were soaring and some feared that consumer demand would soon...
Post Pandemic Remuneration: Champagne Problems?
Date: April 12, 2022
By Hannah Ford, Employment Partner and Tom O’Dell, Trainee Solicitor at law firm Stevens & Bolton With the 2022 bonus season in full swing, the pressure on businesses to wow their rockstar performers with “the number” has never been greater. When it comes to performance driven pay, the finance and banking sector has of course...
Tesco Gives Employees 5.8% Pay Rise Amid Cost of Living Crunch
Date: April 7, 2022
LONDON (Reuters) – Britain’s biggest supermarket Tesco on Thursday said it would give a 5.8% pay increase to store and fulfilment centre workers in a pay settlement which will be reviewed again next year due to the uncertain economic environment and high cost of living. The new pay deal takes the pay of the hourly-paid...