Today is Tuesday, 7 September 2010

NEWS

'Blue-chip benefits' save crisp firm from unionisation

A generous pay and benefits package has helped see off the unionisation at premium crisp manufacturer Kettle Foods.

'Unfair' pay spurs fiddling of expenses

Half of employees who feel they are not fairly paid, compensate by exaggerating their expense claims, according to new research.

Cash incentives for green targets

Nearly one in ten employers is now rewarding the green behaviour of their staff with financial incentives and awards.

Employees unhappy with benefits

Employees satisfaction with pay is much higher than their satisfaction with rewards and benefits according to a new survey.

Law firm ups pay and benefits in war for talent

Law firm Hammonds has boosted pay, bonus and benefits for its junior staff in a bid to compete with bigger firms. Salaries for its newly qualified solicitors will increase from £48,000 to £60,000 in its City practices, while outside the City the newly qualified will see salaries rise from £34,000 to £40,000.

Aim-listed firms frugal on pay

Less than 10pc of Britain's smallest public companies reward their top executives with significant performance-related pay according to a new survey. Only 40 executives from 430 small cap and Aim listed companies received more than £100,000 in long-term incentive pay last year according to the Executive Director Total Remuneration Survey 2007 from corporate governance firm Manifest and independent remuneration consultancy MM&K.

Double windfall for LloydsTSB staff

Lloyds TSB 62,000 staff are enjoying a double windfall of free shares and bonus after the group reported profits of £4.25bn. The payout totals £205m and includes a share award worth 3pc of each employee’s pay, up to a maximum of £3000.