New corporate governance reforms
This week the UK government introduced a series of measures to regulate corporate governance. The aim of these is to increase trust. See the CEO pay counter from the High Pay Centre which has data on how much the top FTSE CEOs have earnt since January and how your own pay levels compare!
Is going to University worth it?
Released this week experimental statistics on employment and earnings of higher education graduates 5 years after graduation. The longitudinal education outcomes (LEO) data brings together information from the Department for Education with employment, benefits and earnings information from the Department for Work and Pensions and Her Majesty’s Revenue and Customs. Data is presented for 23 subject […]
Gender Pay Gap reporting is now compulsory…
… for employers with 250 or more staff. To find out about the new system see the UK government website and read the legislation. Alternatively see the video announcement via Tweet from Justine Greening Other resources on this subject: Acas guide The Fawcett Society see it as a great opportunity. But highlight issues. The Guardian commented that this […]
Is there a gender pay gap?
The latest report from the Resolution Foundation notes a reduction for women in their 20s but notes that over the career lifespan this widens. Find out the average gender pay gap for your job using the latest handy tool form the office of National Statistics. The average is 18.1% if you work in a library […]
“Millennials will spend £53,000 on rent before age of 30”
…according to a new report by the Resolution foundation. See also some interesting comment on declining home ownership and living standards for the young from the Guardian. The Resolution Foundation has referred to stagnation generation and raised concerns that millennials will earn less than previous generations. See its new website the Intergenerational Commission which is […]
Women’s pay
A report published by the University and College Union on the discrepancy between men’s and women’s pay in the UK HE sector http://www.ucu.org.uk/media/7959/Holding-down-womens-pay-Feb-16/pdf/ucu_IWDpayreport_mar16.pdf
What does your vice–chancellor earn?
How do pay and perks compare at the UK top universities? Find out in the annual report from UCU union Transparency at the top? This was published as part of its campaign for greater transparency in UK university executive pay. It also includes expenditure on air flights, hotel accommodation and expenses. How does your pay compare? […]
Universal credit – does anyone benefit?
IFS has conducted an economic analysis into the impact finding that it ‘will tend to weaken the incentive for single parents to be in work, and to strengthen the incentive for couples to have one person in work (rather than none or two).’ For background see the UK government official website . It includes this […]
Do extroverts earn more?
Interesting report released this week by the Sutton Trust which examines the link between personality, aspirations, career prospects and socioeconomic status. It finds that people with extrovert personalities are more likely to earn more. They are also less likely to come from poorer backgrounds. Read the full text and find out what methodology it used […]
Fat Cat salaries: read and weep!
Fat Cat Tuesday On the 5th January 2016 top bosses salaries FTSE CEOS will already have exceeded the average annual pay of many workers (£27,645) according to the High Pay Centre Find out how wages compare using their pay calculator Price Waterhouse Cooper conducts regular surveys on the state of executive pay in the UK. […]
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