CIPD senior reward adviser responsible for public policy and HR practice development in the area of pay and benefits.https://bsky.app/profile/charlescotton.bsky.socialhttps://bsky.app/profile/charlescotton.bsky.social/post/3ljsbethe3k2cAnalysis by @cipd.bsky.social .social of 1,055 employers that use a defined contribution pension scheme to automatically enrol eligible workers finds that 67% of employers believe that their workplace DC plan represents value for money. More at: https://www.cipd.org/uk/views-and-insights/thought-leadership/insight/pension-contributions-value/07 Mar 2025 14:56 +0000at://did:plc:goojex3yu7vyea5eut2ygla5/app.bsky.feed.post/3ljsbethe3k2chttps://bsky.app/profile/charlescotton.bsky.social/post/3ljsbctiyos2cAnalysis by @cipd.bsky.social of 1,055 employers that use a defined contribution pension scheme to automatically enrol eligible workers finds that 44% of employers performed a value for money review of their DC plan in the past five years. More at: https://www.cipd.org/uk/views-and-insights/thought-leadership/insight/pension-contributions-value/07 Mar 2025 14:55 +0000at://did:plc:goojex3yu7vyea5eut2ygla5/app.bsky.feed.post/3ljsbctiyos2chttps://bsky.app/profile/charlescotton.bsky.social/post/3ljsbaofwrs2cAnalysis by @cipd.bsky.social of 1,055 employers that use a defined contribution pension scheme to automatically enrol eligible workers finds that in 68% of workplaces, HR and payroll teams are responsible for the DC plan. More at: https://www.cipd.org/uk/views-and-insights/thought-leadership/insight/pension-contributions-value/07 Mar 2025 14:54 +0000at://did:plc:goojex3yu7vyea5eut2ygla5/app.bsky.feed.post/3ljsbaofwrs2chttps://bsky.app/profile/charlescotton.bsky.social/post/3ljpd5xkqns2uDo you want to know what it's like working in reward? As part of a mini series exploring HR careers, People Management magazine speaks to reward professionals about what it's like working in pay and benefits. More at https://www.peoplemanagement.co.uk/article/1908967/whats-reward-specialist06 Mar 2025 10:50 +0000at://did:plc:goojex3yu7vyea5eut2ygla5/app.bsky.feed.post/3ljpd5xkqns2uhttps://bsky.app/profile/charlescotton.bsky.social/post/3ljpcpz6ixc2uMarks & Spencer will increase pay for its 50,000 retail workers by 5% from April 1. The pay for UK customer assistants will increase to at least 12.60 pounds an hour, with workers in London paid 13.85 pounds an hour. More at https://www.reuters.com/business/retail-consumer/britains-ms-gives-store-workers-5-pay-rise-2025-03-05/ @cipd.bsky.social06 Mar 2025 10:43 +0000at://did:plc:goojex3yu7vyea5eut2ygla5/app.bsky.feed.post/3ljpcpz6ixc2uhttps://bsky.app/profile/charlescotton.bsky.social/post/3ljmsp5v6lk2lWomen are 50% more likely to be in low paid work than men, with 18.7% of jobs held by women paid below the real UK Living Wage, compared to 12.6% of jobs held by men, finds the Living Wage Foundation https://www.livingwage.org.uk/news/nearly-3-million-women-paid-below-real-living-wage-gender-pay-gap-widens @cipd.bsky.social05 Mar 2025 10:51 +0000at://did:plc:goojex3yu7vyea5eut2ygla5/app.bsky.feed.post/3ljmsp5v6lk2lhttps://bsky.app/profile/charlescotton.bsky.social/post/3ljknbigejs22The cost of butter, cheese and eggs has pushed UK food inflation to a five-month high, according the British Retail Consortium. Annual food inflation rose from 1.6% in January to 2.1% in February, data that underscores persistent cost of living pressures https://www.ft.com/content/bac67469-1ee7-4e4d-831d-6acdd76e2ec9 @cipd.bsky.social04 Mar 2025 14:08 +0000at://did:plc:goojex3yu7vyea5eut2ygla5/app.bsky.feed.post/3ljknbigejs22https://bsky.app/profile/charlescotton.bsky.social/post/3ljk7qajev22zThe end of the UK banker bonus cap has resulted in increased pay at Barclays and HSBC where the highest-paid bankers have received their biggest payouts since at least 2014. More at https://www.theguardian.com/business/2025/mar/02/pay-soars-at-barclays-and-hsbc-after-end-of-uk-banker-bonus-cap @cipd.bsky.social04 Mar 2025 10:06 +0000at://did:plc:goojex3yu7vyea5eut2ygla5/app.bsky.feed.post/3ljk7qajev22zhttps://bsky.app/profile/charlescotton.bsky.social/post/3lj364z4bjs23Less than a third (28 per cent) of Gen X are on track to meet their retirement savings goals that would enable them to live 'comfortably' through retirement, according to research from Get Britain Pension Ready. More at https://www.pensionsage.com/pa/Less-than-a-third-of-Gen-X-on-track-for-adequate-retirement.php26 Feb 2025 10:27 +0000at://did:plc:goojex3yu7vyea5eut2ygla5/app.bsky.feed.post/3lj364z4bjs23https://bsky.app/profile/charlescotton.bsky.social/post/3lj35ydsxj223New research finds that nearly 80 percent of the US gender pay gap is driven by women having flatter work experience arcs compared with men, based on an analysis of 86,000 real-life online career histories. More at https://www.mckinsey.com/mgi/our-research/tough-trade-offs-how-time-and-career-choices-shape-the-gender-pay-gap26 Feb 2025 10:25 +0000at://did:plc:goojex3yu7vyea5eut2ygla5/app.bsky.feed.post/3lj35ydsxj223https://bsky.app/profile/charlescotton.bsky.social/post/3liynmeagbk2oBig London-listed companies are increasing executive pay amid a shift in investor sentiment and competition with US firms. The removal of the EU bonus cap has also driven UK banks to propose higher payouts. More at https://chatgpt.com/c/67bd99f3-e684-8009-b056-8f0956ae3b5b25 Feb 2025 10:26 +0000at://did:plc:goojex3yu7vyea5eut2ygla5/app.bsky.feed.post/3liynmeagbk2ohttps://bsky.app/profile/charlescotton.bsky.social/post/3liyn6b5tzk2oFirms should flag this to employees: HM Revenue and Customs data shows 23,000 ­people paid over a total of £27m in just 10 days earlier this month. They were paying to fill gaps in their national insurance records in order to improve their eventual state pension. https://www.theguardian.com/money/2025/feb/24/why-filling-gaps-in-national-insurance-record-could-pay-dividends-state-pension25 Feb 2025 10:18 +0000at://did:plc:goojex3yu7vyea5eut2ygla5/app.bsky.feed.post/3liyn6b5tzk2o