Bankers at Credit Suisse shared a bonus pot of £2.4 billion last year, despite a ruthless cost-cutting drive which saw thousands of staff axed and the lender posting a hefty loss. The Swiss bank’s variable compensation pool rose 6% to 3.09 billion Swiss francs (£2.4 billion) in 2016, according to its annual report published on […]

Thousands of nursery workers are being paid below the National Living Wage even though their employers receive Government funding through childcare vouchers and subsidies for parents, a report claims. The Family and Childcare Trust said up to 20,000 staff in private and independent nurseries in England were not receiving the statutory £7.20 an hour for […]

Lorry drivers moving goods in Western Europe for Ikea and other retailers are living out of their cabs for months at a time, a BBC investigation has found. Some drivers – brought over from poorer countries by lorry firms based in Eastern Europe – say their salary is less than three pounds an hour. They […]

Just over four days were lost to sickness per UK worker last year – the lowest since records began, official figures show. Sickness absence totalled 137 million working days last year, the equivalent of 4.3 days per worker, the Office for National Statistics (ONS) said. When records began in 1993, the equivalent of 7.2 days […]

One in three (33%) UK employees report a drinking culture in their workplace, with alcohol consumption at work often leading to regret the next day, new research from Canada Life Group Insurance reveals. Nearly a third (29%) of employees say they have regretted their actions after drinking at work, with this being particularly true of […]

Tesco is reimbursing 140,000 current and former staff who were left underpaid due to a payroll error. The supermarket is set to pay out about £10m with most workers getting up to £40, although some could get much more. Some staff were paid less than the National Living Wage after contributing part of their salary […]

Sir Philip Green has agreed a £363m cash settlement with the Pensions Regulator to plug the gap in the BHS pension scheme. Workers will get the same starting pension that they were originally promised. It brings to a close a long-running negotiation over benefits for former workers of the collapsed retailer. The regulator had launched […]

Employees in open plan offices are most likely to have unhealthy behaviours at work – poor diet, lack of exercise, smoking or drinking alcohol – that are common contributors to many types of cancer, according to new research from Canada Life Group Insurance. Staff in different work environments were asked about their diet, weight, exercise, […]

Ride-sharing company Uber has said it will conduct an “urgent investigation” into claims of sexual harassment at the company. A blog post written by former Uber engineer Susan Fowler detailed a litany of instances during her time at the firm. “What she describes is abhorrent and against everything Uber stands for and believes in,” Uber boss […]

As many as 37,000 Argos workers are to receive back-pay of £64 each, after the company failed to pay them the National Living Wage (NLW). Sainsbury’s, which owns the company, admitted that staff had not been paid for attending briefings before their shifts started. They were also required to undergo security searches after clocking off. […]