http://www.personneltoday.com/en-gbMon, 15 Mar 2010 08:59:00 GMThttp://www.personneltoday.com/Articles/2010/03/15/54833/sainsburys-staff-bonuses-to-be-paid-before-50-tax-rate-bites.htmlhttp://www.personneltoday.com/Articles/2010/03/15/54833/sainsburys-staff-bonuses-to-be-paid-before-50-tax-rate-bites.html Sainsbury's is to bring forward the payment of bonuses for all its staff. The move means that employees receiving more than £150,000 will avoid paying the 50% tax rate when it comes in on April 6, the <A href="http://busiMon, 15 Mar 2010 08:59:00 GMThttp://www.personneltoday.com/Articles/2010/03/15/54831/unpaid-work-experience-interns-exploited-warns-tuc.htmlhttp://www.personneltoday.com/Articles/2010/03/15/54831/unpaid-work-experience-interns-exploited-warns-tuc.html Employers are exploiting thousands of young interns by getting them to work for free, the Trades Union Congress (TUC) has warned. With about one-fifth of 16- to 24-year-olds unemployed, increasing numbers of graduates are tMon, 15 Mar 2010 08:21:00 GMThttp://www.personneltoday.com/Articles/2010/03/12/54825/pension-payouts-in-public-sector-could-more-than-triple-over-next-50-years.htmlhttp://www.personneltoday.com/Articles/2010/03/12/54825/pension-payouts-in-public-sector-could-more-than-triple-over-next-50-years.html Public sector pension payouts could more than triple over the next 50 years, the National Audit Office (NAO) has warned. In a report on unfunded public sector schemes, the NAO found they will pay out £79bn by 2060, comparFri, 12 Mar 2010 09:01:00 GMThttp://www.personneltoday.com/Articles/2010/03/12/54824/cable-wireless-faces-shareholder-revolt-over-executive-pay-plans.htmlhttp://www.personneltoday.com/Articles/2010/03/12/54824/cable-wireless-faces-shareholder-revolt-over-executive-pay-plans.html Cable Wireless faces a shareholder revolt over plans to pay its senior executive £11m. Chairman John Pluthero has already been paid £8m under the cash part of Cable Wireless' long-term incentive plan, but will Fri, 12 Mar 2010 08:57:00 GMThttp://www.personneltoday.com/Articles/2010/03/12/54822/john-lewis-to-pay-staff-bonuses-worth-15-of-their-salaries.htmlhttp://www.personneltoday.com/Articles/2010/03/12/54822/john-lewis-to-pay-staff-bonuses-worth-15-of-their-salaries.html John Lewis staff will receive a bonus worth 15% of their salaries – which is up 2% on the previous year. At the employee-owned businesses, all the 70,000 staff will share in the £151.3m bonus pot, with payments amountFri, 12 Mar 2010 08:39:00 GMThttp://www.personneltoday.com/Articles/2010/03/11/54817/holiday-pay-owed-to-employee-on-sick-leave-for-year-tribunal-rules.htmlhttp://www.personneltoday.com/Articles/2010/03/11/54817/holiday-pay-owed-to-employee-on-sick-leave-for-year-tribunal-rules.html Employers must pay staff their full holiday entitlements if they are off sick</AThu, 11 Mar 2010 15:22:00 GMThttp://www.personneltoday.com/Articles/2010/03/11/54810/northern-rock-bonus-payouts-welcomed-by-unite.htmlhttp://www.personneltoday.com/Articles/2010/03/11/54810/northern-rock-bonus-payouts-welcomed-by-unite.html Unite has welcomed Northern Rock's decision to pay out staff bonuses despite the fact that the mortgage lender failed to make a profit last year. The bank's chief executive Gary Hoffman defended paying out rewards to 32 stThu, 11 Mar 2010 08:47:00 GMThttp://www.personneltoday.com/Articles/2010/03/10/54806/pay-freeze-for-senior-civil-servants-and-public-sector-staff-until-2012.htmlhttp://www.personneltoday.com/Articles/2010/03/10/54806/pay-freeze-for-senior-civil-servants-and-public-sector-staff-until-2012.html Senior civil servants and public sector workers will have their pay frozen for the next financial year, the government has announced. Prime minister Gordon Brown said today senior civil servants, seniWed, 10 Mar 2010 14:35:00 GMThttp://www.personneltoday.com/Articles/2010/03/10/54590/pensions-most-popular-employee-benefit-but-workers-worried-funds-wont-be-enough.htmlhttp://www.personneltoday.com/Articles/2010/03/10/54590/pensions-most-popular-employee-benefit-but-workers-worried-funds-wont-be-enough.html Pensions remain the most important employee benefit on top of salary that an employer can offer, a study has found. This is despite more than one-third of workers (38%) worrying their own pension funds would be inadequate Wed, 10 Mar 2010 08:11:00 GMThttp://www.personneltoday.com/Articles/2010/03/09/54573/royal-mail-peace-deal-agreed-with-postal-unions.htmlhttp://www.personneltoday.com/Articles/2010/03/09/54573/royal-mail-peace-deal-agreed-with-postal-unions.html Royal Mail has reached an agreement with the postal union, ending the threat of further strikes. The postal service and the Communication Workers Union (CWU) reached the deal in the long-running row about pay and working pTue, 09 Mar 2010 08:30:00 GMThttp://www.personneltoday.com/Articles/2010/03/08/54554/napf-pension-quality-standard-protects-100000-employees.htmlhttp://www.personneltoday.com/Articles/2010/03/08/54554/napf-pension-quality-standard-protects-100000-employees.html More than 100,000 people are now members of workplace pension schemes that meet the NAPF's new Pension Quality Mark. The mark, overseen by the National Mon, 08 Mar 2010 08:31:00 GMThttp://www.personneltoday.com/Articles/2010/03/05/54537/mps-to-gain-1.5-pay-increase.htmlhttp://www.personneltoday.com/Articles/2010/03/05/54537/mps-to-gain-1.5-pay-increase.html MPs will get a rise of nearly £1,000 in their basic salary from 1 April, taking their pay to £65,737 a year, it was announced today. The 1.5% increase has been recommended by the Senior Salaries RevieFri, 05 Mar 2010 08:48:00 GMThttp://www.personneltoday.com/Articles/2010/03/03/54493/bbc-stars-earning-top-salaries-will-be-named-and-shamed-if-tories-come-to-power.htmlhttp://www.personneltoday.com/Articles/2010/03/03/54493/bbc-stars-earning-top-salaries-will-be-named-and-shamed-if-tories-come-to-power.html BBC stars earning more than the prime minister will be outed if the Conservatives come to power. The Tories believe opening up salary payments to public scrutiny will be seen as crucial to shaming the corporation into renWed, 03 Mar 2010 09:14:00 GMThttp://www.personneltoday.com/Articles/2010/03/01/54449/hsbc-and-standard-chartered-bank-bosses-to-give-bonuses-to-charity.htmlhttp://www.personneltoday.com/Articles/2010/03/01/54449/hsbc-and-standard-chartered-bank-bosses-to-give-bonuses-to-charity.html HSBC and Standard Chartered banks' chief executives have pledged to give their bonuses, totalling about £6m, to charity. Michael Geoghegan, boss of HSBC, and Peter Sands, the head of Standard Chartered, are both set to accMon, 01 Mar 2010 09:41:00 GMThttp://www.personneltoday.com/Articles/2010/02/26/54428/rbs-top-staff-quit-in-their-thousands-with-more-set-to-leave.htmlhttp://www.personneltoday.com/Articles/2010/02/26/54428/rbs-top-staff-quit-in-their-thousands-with-more-set-to-leave.html Thousands of top RBS staff quit last year and more are set to leave, the bank's chief executive has revealed. Stephen Hester said profits at RBS would have been about £1bn higher if it had successfully retained its employeFri, 26 Feb 2010 08:31:00 GMThttp://www.personneltoday.com/Articles/2010/02/25/54424/state-pension-age-hike-should-be-faster-and-higher-says-pricewaterhousecoopers-report.htmlhttp://www.personneltoday.com/Articles/2010/02/25/54424/state-pension-age-hike-should-be-faster-and-higher-says-pricewaterhousecoopers-report.html The state pension age (SPA) should be raised faster and further than currently planned and the default retirement age (DRA) should be scrapped, according to a new report. The <A href="http://wwwThu, 25 Feb 2010 16:10:00 GMThttp://www.personneltoday.com/Articles/2010/02/25/54415/rbs-bonus-payments-to-go-ahead-despite-3.6bn-loss.htmlhttp://www.personneltoday.com/Articles/2010/02/25/54415/rbs-bonus-payments-to-go-ahead-despite-3.6bn-loss.html RBS has reported a pre-tax loss of £3.6bn for the past financial year, but is still set to pay out £1.3bn in bonuses to its investment bankers. The bank, which is 84% owned by the state, is expected to face criticism afterThu, 25 Feb 2010 09:57:00 GMThttp://www.personneltoday.com/Articles/2010/02/24/54399/value-of-pension-top-up-payments-nearly-halved-between-2006-and-2008.htmlhttp://www.personneltoday.com/Articles/2010/02/24/54399/value-of-pension-top-up-payments-nearly-halved-between-2006-and-2008.html The value of pension top-up payments made by employers has nearly halved in two years, research has found. Figures released by the Office for National Statistics (ONS) revealed the value of these payments fell from a peak Wed, 24 Feb 2010 08:48:00 GMThttp://www.personneltoday.com/Articles/2010/02/24/54396/hsbc-backs-down-on-raising-chief-executives-salary-by-more-than-one-third.htmlhttp://www.personneltoday.com/Articles/2010/02/24/54396/hsbc-backs-down-on-raising-chief-executives-salary-by-more-than-one-third.html HSBC has yielded to shareholder protests and backed away from plans to raise its chief executive's base salary by more than one-third. The bank consulted its shareholders about its plans to raise Michael Geoghegan's salaryWed, 24 Feb 2010 08:19:00 GMThttp://www.personneltoday.com/Articles/2010/02/23/54393/lloyds-boss-waives-bonus-for-second-year-running.htmlhttp://www.personneltoday.com/Articles/2010/02/23/54393/lloyds-boss-waives-bonus-for-second-year-running.html The chief executive of Lloyds Banking Group has become the latest banking boss to relinquish his annual bonus, putting mounting pressure on HSBC chiefs to follow suit. Eric Daniels will waive an annual payout of £2.3m - tTue, 23 Feb 2010 17:13:00 GMT