Ford Motor Company has successfully defended its policy of paying additional paternity leave at the statutory minimum, despite offering generous maternity pay.
The Liberal Democrats would give fathers four weeks’ extra paternity leave under manifesto plans announced at the weekend.
Fathers are currently entitled to two weeks’ paternity leave, and from April next year they will be able to “share” their partner’s leave under the new Shared Parental Leave Regulations. However, the Liberal Democrats want to go further by dedicating another four weeks exclusively to fathers, increasing their paternity leave to six weeks.
A “mid-life pay crisis” is hitting female managers, with women earning more than one-third less than men once they hit their mid-40s.
Data compiled by XpertHR and the Chartered Management Institute (CMI) has found that women would have to work past the age of 79 to earn as much as men over a similar career.
The Bank of England’s August 2014 Inflation report forecasts that “wage growth is likely to remain weak for the remainder of 2014″. The report notes that “a central judgment for the [Monetary Policy] Committee is the degree to which the current weakness in wage growth will persist.”
Most organisations that offer their staff maternity pay above the statutory minimum will also enhance shared parental pay, according to data from XpertHR and Personnel Today.
UK unemployment has fallen to its lowest level in nearly six years, but wage increases are at their lowest since 2001, according to the Office for National Statistics (ONS).
As the right to request flexible working is extended to all employees, Asda’s Hayley Tatum explains why organisations should welcome the change and why flexible working at the supermarket is an integral part of its people strategy.
The request comes as part of its annual remit to the LPC, which comes up with recommendations on minimum wage rates.
Currently, apprentice rates depend on age and how long someone has been on an apprenticeship, which can be difficult for employers to understand.
The Pensions Tax Bill will bring into effect the changes announced in the March Budget, allowing employees to choose how to spend their pension fund on retirement.
In a move to “share more of the risk” of pensions between members, the Private Pensions Bill will enable the creation of defined-ambition pensions, also known as collective defined-contribution (CDC) schemes. These are designed to provide “greater stability around pension outcomes” by having a higher number of employees paying into the same scheme and sharing the risk.
The European Court of Justice (ECJ) has ruled that employers must include commission in holiday pay.
The decision in Lock v British Gas, released this morning, means that any workers whose pay is recognised either wholly or partly in commission will be entitled to have this reflected in their holiday pay.