Sainsbury’s and M&S walk into shareholder storm over minimum living wage versus bumper bonuses July 4, 2022 As activists mobilise in the first shareholder resolution of its kind, supermarket giant Sainsbury’s will be put under pressure this week to pay all staff and contracted workers the national living wage. Responsible investment campaign group ShareAction is driving the experimental motion at the supermarket giant’s annual general meeting on Thursday 7 July. Legal & [...]
Hospitality crisis: Fewer pubs in England and Wales than ever before with less than 40,000 for first time on record July 4, 2022 Fresh analysis that sheds light on the ruinous impact of the pandemic and soaring business costs shows this a.m. that there are fewer pubs in England and Wales than ever before. The total number of pubs dropped below 40,000 during the first half of 2022, a fall of more than 7,000 since a decade ago. [...]
Female FTSE 100 directors earn 74 per cent less than male counterparts July 4, 2022 Female FTSE 100 directors earn 74 per cent less than their male counterparts, with an average pay of £245,000 compared to £935,000, research by Mattison Public Relations found. Women make up 14 per cent of the FTSE 100 board executives, with 34 of the 238 executive positions on FTSE 100 boards. They get an average 4 per [...]
Recruitment guru Paul Farrer warns employers half of all Brits are currently looking for a new job July 4, 2022 Sixty per cent of all workers are currently looking for a new job, with as many as just under half of them searching for a new role due to the cost of living crisis. That is the warning from Paul Farrer, the founder and chairman of recruitment giant Aspire. According to research carried out by [...]
Young most likely to talk about their finances as money stigma persists July 3, 2022 While the taboo around talking about money persists, young workers are the most likely to talk to their bosses about their financial wellbeing, according to a new report. Research by insurer Aviva published today shows employees aged between 24 and 35 are the most willing to discuss their personal financial worries with their employers, while [...]
Londoners owed £40m in council tax refunds July 3, 2022 London households are owed £40m in council tax refunds, new research yesterday revealed. An investigation by Moneysavingexpert.com showed that 862,027 households in England, Scotland and Wales were due a refund in overpaid council tax. With claims worth a total of £150.2m, households that have overpaid their council tax are owed an average of £174 each. [...]
Maternity coaching is a win-win for both employer and employee, argues City pundit July 3, 2022 Despite decades of reform, and an even longer period of campaigning, the City and Britain’s wider business community are increasingly recognising that gender inequalities persist in the workplace. While the inequalities might not be as obvious as they were in the past, when blatant discrimination was both legal and, to a degree, expected, things like [...]
Internet jobs for less than £4 per hour: How ‘microwork’ is exploiting thousands of Brits July 2, 2022 An emerging form of internet working, dubbed ‘microwork’, is exploiting thousands of UK workers who in many cases are earning less than £4 an hour. ‘Microwork’ is a form of work on digital platforms in which short tasks are assigned to workers who are paid piece wages for completing them. This can consist of coding data to [...]
If money was no object: The City is by far Londoners’ most desirable borough July 2, 2022 One in five Londoners would want to live in the City, with the figure rising to 28% among those aged 18-34, according to new research shared exclusively with City A.M. today. The Square Mile is closely followed by Kensington and Chelsea, with 18 per cent of Londoners choosing the leafy and exclusive borough as their [...]
Confirmed: Thousands of post Office collection and cash delivery workers to strike on 14 July July 1, 2022 Post Office collection and cash delivery workers are to stage a one-day strike later this month in a dispute over pay. Members of the Communication Workers Union (CWU) employed in supply chain and admin jobs will walk out on 14 July. The workers deliver cash, valuables and essential supplies to thousands of sub-post offices, process [...]
