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Final-salary pensions cost twice as much as money-purchase schemes
Employers typically pay in 15% of an employee's salary to a final-salary pension scheme, but only between 6% and 7.5% of salary into a money-purchase scheme, according to research from salary survey specialists CELRE.
CIPD forecasts "dramatic falls in pay growth"
The first half of 2009 will see "dramatic falls in pay growth" as the economic downturn hits the UK labour market hard, according to research from the CIPD and consultants KPMG.
Nannies in central London take a pay cut
Nannies working in central London are the first in the UK to have had their wages hit by the economic downturn, finds a survey from Nursery World magazine.
Managers of professional bodies receive 4.8% pay rise
Managers of professional bodies enjoyed an average salary increase of 4.8% in 2008, according to research from the Professional Associations Research Network.
IT pay rises by 3.4%
The median basic salary paid to specialist IT staff increased by 3.4% over the year to September 2008, research from the National Computing Centre reveals.
Pay freeze plan risks public sector unrest
The Government is at risk of worsening industrial relations in the public sector after it failed to rule out a pay freeze for workers this year, says Personnel Today.
Bonus backlash as sexism rears its head
Minister for women Harriet Harman has asked the Equality Commission to examine whether City bonuses discriminate against women, reports Personnel Today.
Personnel Today looks at the consequences of greater regulation of City bonuses:
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