UK workers face a continuing squeeze on real pay over the next 12 months, as organisations cut costs amid continuing economic uncertainty, according to new research from global management consultancy Hay Group.
A new survey from The Hay Group, Reward in 2012, based on forecast data from
In a widely anticipated move, the UK’s Monetary Policy Committee voted to expand the Bank of England’s quantitative easing programme by a further £50bn, bringing the total programme size to £325 billion. The CBI commented that the move should help support confidence, although the immediate impact is likely to be
United States GDP grew by 0.7% in real terms in the last quarter of 2011, up from 0.5% in the third quarter. While not particularly exceptional by historical standards, it was the most rapid growth in a year and a half and came despite the greatest fall in government consumption
Old habits die hard, so don’t fight them. Instead give your staff collaboration tools they will actually use, says David Lavenda.
Back in the 60s the only technology on an employee’s desk, if they were lucky enough to have any at all, was a telephone. Things have changed
– January 26, 2012Posted in: HR Strategy & Practice
According to new research from global HR Services Group, Penna, HR Directors have seen their influence increase over the past 12 months, suggesting that the economic climate has provided fertile ground for a new breed of HR Director.
Penna’s
UK GDP edged down by 0.2% in the last quarter of 2011, according to the first estimate, slowing sharply from growth of 0.6% in the previous quarter and leaving the level of GDP almost 4% below its 2008 peak. However, the outturn was only a little worse than consensus expectations
At its January meeting, the Monetary Policy Committee (MPC) decided to keep the increased limit on quantitative easing announced in October and to leave the bank rate unchanged once again. The CBI commented that the decision was expected, but noted that the MPC has signalled it is likely to expand
HMRC are reminding taxpayers that the deadline for filing self assessment tax returns is fast approaching. According to their website:
‘You must send your online tax return by midnight on Tuesday 31 January 2012.
The deadline is only later than this if you received your tax return,
New company car advisory fuel rates have been published to take effect from 1 December 2011. HMRC’s website states:
‘These rates apply to all journeys on or after 1 December 2011 until further notice, allowing them to reflect fuel prices more quickly. For one month from
The Government has confirmed that pensions auto enrolment will commence in Autumn 2012 and all employers will remain within the scope of the rules.
However small businesses, those with less than 50 employees, will be given additional time to prepare for the implementation. The