UK and Europe   |   Asia Pacific
Date: 05/07/08 
Home Page Services Benefit Strategies Technology About Us News Contact free useful stuff
Inflation

Retail Prices Index

May 4.3%
April 4.2%
March 3.8%

Source:
Office of National Statistics

Pay Deals

Average pay settlements to April 2008 (exc. bonuses)

Private Sector 3.8%
Public Sector 4.1%


Source:
Office of National Statistics

employee rewards & benefits news

Register for free newsletter
You are currently viewing our articles from:
 
Subscribe to Newsletter Previous Article Next Article
12-May-08 11:30 [Pay and Reward]
City council to raise minimum wage
Campaigners in Oxford have won their campaign for an increase in the minimum wage, after the city council agreed to pay its employees at least £7 an hour.

The battle was instigated by Labour city councillor Joe McManners, who suggested that the minimum wage of £5.52 was too low for people living in Oxford, which has the third highest house prices in the country, according to a Nationwide Building Society survey.

Now the council has agreed the £1.48 an hour increase, which will come into effect from April next year.

Mr McManners said that the move would also benefit businesses as well as staff.

"This isn't just going to benefit workers. There's some good evidence employers who pay a living wage notice an increase in productivity and a decrease in the amount of sick leave," he said.

It is now hoped that other public sector bodies and businesses will follow the example set by the council.

House prices in Oxford have exceeded the growth in earnings, according to Mouseprice.com.

Please click here for news on pay and reward.




04-Jul-08 [Pensions]
BAA agrees pension deal
Workers at the British Airport Authority have voted in favour of accepting a new pensions package. Find out more>
HM Revenue & Customs (HMRC) has won a court case against an employer who has been found guilty of deliberately not paying the National Minimum Wage. Find out more>
03-Jul-08 [Pay and Reward]
UCATT criticises constrction safety
The UK's Union of Construction, Allied Trades and Technicians (UCATT), has criticised the government for not properly enforcing health and safety regulations in the workplace. Find out more>

Search our news archive:
The views and recommendations in this publication are those of Thomsons Online Benefits and have been obtained from a variety of sources. While we believe that our sources are reliable we cannot guarantee that the information in this publication is accurate and it may be condensed or incomplete. thomsons online benefits ltd is authorised and regulated by the Financial Services Authority.

print friendly | sitemap | legal | low graphics © thomsons online benefits 2008