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In a latest article in HR Magazine, it reports the Government is to increase the levy on banks to £2.5bn this year, as it pushes for a deal on limiting bankers’ bonuses. Chancellor George Osborne said the new, permanent levy would this year raise an extra £800 million more than the Government had originally planned…. Read article/comments
Employees in the public sector are feeling the pressure of the Government’s spending cuts, with more than one in three thinking it is likely they will lose their job and seven in 10 having had their pay frozen or cut. According to a survey of 2,000 employees by the Chartered Institute of Personnel and Development,… Read article/comments
A culture of long working hours is leading to a rise in sickness, stress and industrial action, according to a survey of 550 senior HR professionals representing a combined workforce of more than two million employees. Nearly 60% of HR professionals surveyed reported an increase in the number of additional hours worked by staff in… Read article/comments
Pay deals in the manufacturing sector were higher than the rest of the economy in the last quarter of 2010 as the sector enjoyed improved fortunes, statistics have shown. The median settlement in the sector was 2.9 per cent in the three months to December, found the latest analysis of pay awards from Incomes Data… Read article/comments
It costs companies billions every year and one in four of us will do it. Yes, the age-old tradition of ‘pulling a sickie’ continues to test the judgement of bosses and the telephone acting of employees nationwide every day.Everyone knows the classic excuses: the headache, cold or dodgy seafood dinner the night before — but… Read article/comments
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