All organisations with more than 50 employees should publish details of what they pay the men and women who work for them, MPs have said. A report by the Business Committee called for the net to be widened to include smaller firms, saying there was evidence of wider pay gaps among them. Currently, only firms of […]
Based on the average UK salary, each UK worker will end up a millionaire – but not in one go. A lifetime’s wages add up to £1,260,720 – enough to fill just a suitcase in £50 notes. Of this, over quarter of a million (£252,144) will be taken in taxes – more than the average […]
Poundworld has announced the closure of its remaining 190 stores with the loss of 2,339 jobs. The discount goods retailer, which went into administration in June, said the stores would close by 10 August. In total the collapse of the chain, which had 335 stores, will result in the loss of 5,100 jobs. Administrators, Deloitte, […]
Amazon workers in a number of European countries are taking industrial action to coincide with the internet retail giant’s Prime promotion event. On Tuesday, thousands of staff at warehouses in Germany will walk out to demand better conditions, joining those taking action in Spain and Poland. Germany is the company’s second biggest market after the […]
Workers should not be left out of pocket if they choose to eat meat, according to the UK’s largest union, after a firm said it would be not pay expenses for meals containing meat. US firm WeWork has told staff it will no longer reimburse them for meals containing poultry, pork and red meat. It […]
A new corporate governance code aimed at improving trust in business has been published by the accountancy watchdog. The changes include banning senior executives from selling shares awards for five years and encouraging firms to improve how they engage with staff. The code isn’t mandatory, but listed UK firms opting out would need to explain […]
Gareth Southgate and his men are not only inspiring a nation and giving hope to the idea that the World Cup really is ‘coming home’ – but also proving the case that winning in business and in football is all about great teamwork. A survey by collaboration work management platform Wrike of leading businesses across […]
Ryanair has agreed to meet the trade union Fórsa at a neutral venue in an attempt to prevent a planned strike by pilots based in the Republic of Ireland. The pilots have voted to strike for 24 hours on Thursday. Ryanair had indicated that any talks should take place at its headquarters in Airside in Swords. […]
The Chancellor is facing fresh pressure over the lack of women in senior roles at the Bank of England. Nicky Morgan MP, who chairs the Treasury Select Committee, has expressed her “disappointment” to Treasury head Sir Tom Scholar. In a letter, she said she was “increasingly concerned” after two men were appointed to senior roles. […]
Young Millennial / GenZ Customer Service Agents (ages 18-24) could be the largest customer service agent demographic in the next several years but they could also be the least happy and most likely to leave their jobs, according to the 2nd annual Aspect Agent Experience Index survey, which surveyed US employees. Not only is this […]
