Employers could be sued if they cut remote and hybrid workers salaries, lawyers say June 28, 2022 Employers giving pay cuts to remote and hybrid workers could face discrimination lawsuits, employment lawyers have said. Companies that pay higher salaries to workers who come into the office risk being subject to sexual discrimination lawsuits, due to the fact women are more likely to work from home than men, lawyers told City A.M. Fiona [...]
Criminal barristers push ahead with strike action over legal aid fees June 27, 2022 Criminal barristers are today set to walk out of courts across England and Wales, after last week voting to strike amid a long-running dispute with the government over legal aid fees. Barristers, who are expected to picket outside of London’s Old Bailey court today, are calling on the government to increase legal aid fees by [...]
PwC to give 11,000 workers their biggest pay rise in a decade June 26, 2022 PwC is set to give around half of its UK workforce their biggest pay rise in a decade, in hiking around 11,000 of its workers base salaries. The accountancy firm is set to give a nine per cent pay rise to around half of its more than 22,000 staff – at a cost to [...]
Consulting and finance firms hire more black candidates when using anonymous ‘skills-based’ tests in the hiring process June 26, 2022 City employers are more likely to hire black candidates if they rely on anonymised, “skills-based” assessments in the hiring process, instead of more traditional interview methods, new research shows. Finance and consulting firms hired 79 per cent more black candidates when they relied on skill-based assessments, over more traditional methods such as cover letters, group [...]
Flying high: 10,000 UK jobs supported as BAE Systems cashes in with £500m order for Spanish fighter jets June 24, 2022 Thousands of UK jobs will be supported thanks a mammoth order from Spain for a new fleet of 20 fighter jets, with BAE Systems cashing in £500m of a £1.5bn contract. The major purchase to expand Spain’s armed forces was announced in Berlin this week, and will increase the number of Typhoons in Europe to [...]
Google searches for ‘remote jobs’ explode by more than 260 per cent as UK crippled by train strikes June 22, 2022 There has been an explosion in searches for ‘remote jobs’ in wake of recent train strikes by more than 260 per cent. New analysis of Google search engine figures show the term has been searched at the highest level in UK internet history. This is despite politicians such as Brexiteer Jacob Rees-Mogg and host of [...]
30 per cent spike in insolvent companies as firms hit by rising costs and falling consumer spending June 20, 2022 The quadrupling of interest rates since December has tipped thousands of companies into insolvency, with a 30 per cent spike in the last three months. Almost 6,000 firms have gone down according to Mazars, the audit and tax specialists, up from 4,578 inn the previous three months. This comes after the Bank of England raised [...]
6.5m Brits looking to leave job in next year as employers are urged not to treat pay rises as ‘silver bullet’ June 20, 2022 A fifth of people are looking to leave their job in the next 12 months, with pay and quality of employment the key drivers. In a post-pandemic environment, it is estimated that 6.5m are looking to move on in search for higher wages, better benefits and work-life balance. A survey of 6,000 people in the [...]
Money Spotlight: The reasons your real pay is dropping like never before June 19, 2022 Britons saw their basic pay fall at the fastest pace on record in April due to soaring prices. More pain is in store for UK households as inflation is set to hit further eye-watering peaks later this year. The Office for National Statistics (ONS) said yesterday that regular wages excluding bonuses plunged by 4.5 per [...]
Solving worker shortages is UK’s ‘national challenge’ June 17, 2022 Solving chronic worker shortages that are hamstringing businesses from reviving the economy is “our national challenge,” according to the chief of the UK recruitment industry’s trade body. A shallower pool of workers, mainly the result of long-term sickness caused by Covid-19, people retiring early and younger Brits heading back into education, is resulting in firms [...]