Advice for handling difficult pay rise conversations with employees
While these conversations are often a sign of employee engagement and ambition, they also present a challenge for employers, especially when a raise cannot be granted.
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Tag: Pay rise
People who work remotely are less likely to get pay rises
A recent study has revealed that individuals who work remotely, either full-time or in a hybrid model, are facing significant obstacles in terms of career advancement.
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More than 6,000 Tesco staff plan strikes ahead of Christmas
Around 6,200 union members of Unite and Usdaw and planning strike action at Tesco distribution centres next week. It’s after the supermarket offered workers a 4 percent pay rise.
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Pay awards to rise by 2.5 per cent by September 2022
In what way is recovery linked to pay awards set to occur over the next year?
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Under half of workers feel they are paid what they are worth
A correlation was seen between the last time people received a pay rise and staff feeling dissatisfied with their salary.
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Men more likely to ask for a pay rise compared to women
Entry level male employees are more than twice as likely to ask for a pay review, compared to a female C-suite.
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Goldman Sachs staff to receive pay rise after working conditions complaints
This boost in salary comes after an internal report by junior analysts reported “inhumane” working conditions.
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A third of BME workers say they have been unfairly turned down for a job
The General Secretary of the TUC said that COVID-19 has “shone a spotlight on the racism faced by BME workers”.
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Pay rises have fallen to lowest level since August 2020
How many companies have chosen to freeze pay entirely?
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Salary is highest priority for employees, new research finds
What other factors are most important for employees?
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Employees still expect pay rise during the next year
Despite the COVID-19 pandemic and its damaging financial impact on UK businesses, over two-fifths...
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Office friendships more effective than pay rises for retention
Millennials value friendship over any other work group.
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Employees lack the confidence to apply for new job
47 per cent saying they lack the confidence to ask for a pay rise.
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Biggest ever increase to national minimum wage comes into effect
From today, 1st April, workers earning the National Living wage will see some positive changes to their earnings and bargaining power. Click on the story to find out more.
Read MoreWhich are the top UK cities for pay rises?
If you’re hoping to secure yourself a pay rise this year, now could be the perfect time!
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Lidl to give lowest-paid staff pay rise to £8.45 an hour
Supermarket Lidl will next year increase wages for thousands of its British staff by 2.4 percent, meaning that a quarter of supermarket’s workforce will benefit from an hourly rate above that of the government-mandated National Living Wage.
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