Latest on employee compensation
Read our latest features and articles on employee compensation.
Taxpayers should check HICBC for 2022/23
- Article
- 20 Aug 2024
HMRC is asking taxpayers to amend their 2022/23 tax return if they should have paid the high income child benefit charge (HICBC) and didn’t, or if they declared the wrong amount.
Flexible working top priority for job seekers
- Article
- 25 Jan 2024
Employers need to offer more than pay rises to attract finance and accounting professionals, latest research shows.
Executive pay rises amid cost-of-living crisis
- Article
- 31 Aug 2023
Average CEO pay is now 118 times that of the average UK worker, compared with 108 times in 2021 and 79 times in 2020.
Have your say: HMRC consultation on employee ownership trusts and employee benefit trusts
- Article
- 01 Aug 2023
Reforms to the tax treatment of EOTs and EBTs proposed in the paper are intended to focus the rules more effectively on the policy objectives of rewarding employees and encouraging more employee engagement. Another objective is to prevent tax advantages being obtained through the use of these trusts outside their intended purposes.
Legislation Day 2023: R&D, pensions and some unexpected announcements
- Article
- 18 Jul 2023
While a lot of the material published on 18 July was expected, there were some surprise announcements including planned administrative changes to the high income child benefit charge.
Hefty executive payouts come under the spotlight
- Article
- 05 Apr 2023
As we await the verdict of the lawsuit challenging a $56bn pay package from Tesla to Elon Musk by aggrieved shareholders of the carmaker, is enormous executive remuneration really necessary – or indeed ethical – in today’s market?
Public sector finances return to red
- Article
- 21 Mar 2023
February fiscal deficit hits £17bn, while the cumulative deficit for 11 months of £132bn doesn’t include backdated public sector pay awards.
Lack of transparency thwarts efforts to close pay gaps
- Article
- 17 Mar 2023
Financial services are among the least likely to publish salary data, despite moves toward encouraging greater pay transparency.
Reports
Exclusive
Special Report 65 - Smart Reporting
- Report
- 2019
- PDF (1,597kb)
This special report will be a handy go-to guide – we take you through the latest techniques and thinking behind the new smart world with which CFOs, and aspiring CFOs, must contend.
Exclusive
Special Report 52: People and skills
- Report
- 2016
- PDF (4,295kb)
This quarterly report deals with recruiting and retaining the right staff with good practical tips and advice from a variety of specialists.
Exclusive
Special report 6: Human resources - accountability
- Report
- 2004
- PDF (338kb)
Central to the long-term success of any enterprise are the productivity of its employees and the quality of their performance. Accordingly, the human resources (HR) function plays a major role in the achievement of organisational goals and strategies by providing policies, programmes and services for the company’s employees.
Exclusive
Effective employment strategies
- Helpsheets and support
- 1996
- PDF (141kb)
Good practice guideline issue: This Guideline is designed to cover most of the issues which anyone who has responsibility for employing other people will have to face.
Webinars
How should a board approach exec pay?
- Podcast
- Feb 2023
In this special Insights In Focus episode, we discuss the thorny and often contentious topic of executive pay.
The gender pension gap
- Podcast
- Sep 2021
Ros Urwin is joined by a panel of experts to discuss the gender pension gap, a problem that is related to the gender pay gap but has its own, negative characteristics.
CJRS - the final phase calculations
- Webinar
- May 2021
This webinar from the Tax Faculty will provide details of the final extension to the CJRS scheme and how the rules will be changing for this final phase.
What does your gender pay gap tell you?
- Webinar
- Sep 2019
Nigel Marriott, an independent statistician, will explain what your gender pay gap report tells you and just as important, what it doesn’t tell you.
The Gender Pay Gap – Can it ever be mended?
- Webinar
- Jan 2017
In this webinar Jane Berney and Katy Bennett discuss the Gender Pay Gap regulations
eBooks
The ICAEW Library & Information Service provides full text access to a selection of key business and reference eBooks from leading publishers. eBooks are available to logged-in ICAEW members, ACA students and other entitled users. If you are unable to access an eBook, please see our Help and support advice or contact library@icaew.com.
Exclusive
Disclosures about termination benefits
- eBook chapter
- 2019
- Rob Carrington, Ernst & Young
- Wiley
Guide from 2019 focusing on each area of the financial statement in detail with illustrative examples. This chapter on accounting for employee benefits includes a section on disclosures about termination benefits
Exclusive
Employee benefits
- eBook chapter
- 2017
- Barry Cushway
- Kogan Page
This chapter of the handbook looks at employee benefits with sections on: pensions auto-enrolment; shares and share options; company cars; flexible benefits; and taxation of benefits.
Exclusive
Employee benefits
- eBook chapter
- 2023
- PKF International Ltd
- Wiley
Updated edition providing a detailed reference guide with practical examples, and IFRIC interpretations and directions. This chapter discusses IAS 19.
Exclusive
Employee benefits
- eBook chapter
- 2019
- Rob Carrington, Ernst & Young
- Wiley
Guide from 2019 focusing on each area of the financial statement in detail with illustrative examples. This chapter on accounting for employee benefits gives a comparison of FRS 102 Section 28 and IFRS, and covers short-term employee benefits, post-employment benefits, defined contribution plans, defined benefit plans, costs of administering employee benefit plans, other long-term employee benefits, termination benefits, group plans, death-in-service benefits, and disclosures.
Exclusive
Employee benefits
- eBook chapter
- 2021
- Ernst & Young LLP
- John Wiley & Sons
A global perspective on technical accounting issues with worked examples and illustrations from published financial reports of major listed companies from around the world. This chapter discusses IAS 19.
Exclusive
Employee share schemes
- eBook
- 2013
- Karen Cooper
- ICSA Publishing
Accounting treatment, tax relief and reporting obligations for employee share schemes.
Exclusive
Income from employment 2
- eBook chapter
- 2017
- Alan Melville
- Pearson
Explains how an employee's benefits in kind are calculated for income tax purposes, including salary sacrifice and company vehicles.
Exclusive
Narrative reporting
- eBook chapter
- 2017
- ICSA Publishing
- ICSA Publishing
Chapter 8 looks at narrative reporting, giving an overview, the requirements of the UK Corporate Governance Code and detailing the strategic report, the directors report, the corporate governance statement, the statement on risk management and internal control, remuneration reporting and gender pay gap reporting.
Terms of use
You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the terms of use set by our suppliers and any restrictions imposed by individual publishers. Please see individual supplier pages for full terms of use.
Business press
The ICAEW Library & Information Service provides access to leading business, finance and management journals. These journals are available to logged-in ICAEW members, ACA students and other entitled users subject to suppliers' terms of use.
Exclusive
Should I stay, or should I go?: Salary and recruitment trends for the year ahead
- Article
- 01 Feb 2024
- Natascha Whitehead
The article discusses the findings of the Hays 2024 UK Salary and Recruiting Trends guide, highlighting the increased optimism among accountancy and finance employers about the economic climate, the persistent skills shortages in areas like credit management, and the growing importance of skills over degrees for accountancy employers. Topics include credit professionals' job satisfaction, the importance of flexible working and a benefits package to candidates and the impact of the rising cost of living on job moves.
Exclusive
Inc. Best Workplaces 2023
- Article
- 01 May 2023
- Bill Saporito
Business magazine Inc.'s list of the best US companies to work for in 2023. Some of the most popular companies focus on employee wellness - particularly mental well-being and work-life balance. They have found ways to extend their culture without busting the budget; for example setting up a meditation room or offering a quarterly 'mental health day'.
Exclusive
Why leadership requires more than wielding an Obi-Wan Kenobi Lightsaber
- Article
- 01 Apr 2023
- Jason Richmond
How organisations can minimize employee resignations by improving compensation packages and considering adding culture-centric benefits such as subsidizing fitness centre memberships, childcare services or mental health therapies. The article takes a look at the results of a 2022 Remote.co Work & Financial Wellness Report, which found that 'Remote work options' was the top priority of workers surveyed, followed closely by 'Salary' and 'Work-life balance'.
Exclusive
Rethink your employee benefits
- Article
- 01 Jan 2023
- Amy C.Edmondson, Mark Mortensen
To retain talent, offer your staff more than just flexibility, say the authors. While material aspects of jobs such as pay and flexibility are immediately appreciated, they're easy for competitors to imitate and their impact on employee retention is the least enduring. Instead the authors recommend designing an employee value proposition composed of four interrelated factors: material offerings; opportunities to develop and grow; connection and community; meaning and purpose.
Exclusive
E-commerce feels heat of new Vietnam tax reforms
- Article
- 13 Jun 2022
- Danish Mehboob
The Ministry of Finance is enhancing tax administration for e-commerce activities as part of its tax roadmap to make Vietnam a high-income country by 2030.
Exclusive
Are workers more productive at home?
- Article
- 02 Jun 2022
- Justin Fox
A conversation with Stanford economist Nick Bloom on a surprising find from the COVID-19 pandemic: remote work can lead to productivity gains and fuel economic growth. Bloom has been studying employee benefits and discovered that certain pro-work-life-balance policies (maternity leave, job sharing, part-time work and work from home) were positively correlated with good firm performance.
Articles and books in the ICAEW Library collection
The collection of the ICAEW Library & Information Service includes a range of articles, books and reports on employee compensation. Use the links below to see what we have available to request in our Library catalogue (Libcat).
Salary versus dividends: and other tax efficient profit extraction strategies, 25th ed.
- Library book
- 2024
- C. Bayley, N. Braun
- Taxcafe UK
This tax guide deals primarily with the 2024/25 tax year, providing information on how companies and company owners are taxed, how to extract more income tax efficiently, keeping income below the key thresholds, splitting income with your family, other profit extraction strategies and salary and dividend practical tax issues.
Tolley's employment handbook, 2024
- Library book
- 2024
- E.A. Slade and others
- LexisNexis
This annual handbook provides practitioners with expert and up-to-date guidance on employment legislation and case decisions. The 2024 edition covers important recent developments such as the changes to the Working Time Regulations made in January 2024, and new legislation including the Strikes (Minimum Service Levels) Act 2023.
Effective profit extraction from a company
- Library book
- 2024
- Tolley Tax Team
- LexisNexis
A Tax Digest exploring the factors that one ought to consider when choosing a profit extraction strategy. The authors consider both the immediate tax impacts of particular strategies, and their potential commercial, legal or long-term implications.
Directors' checklists
- Library book
- 2020
- M.Wearden
- ICSA Publishing
An easy-to-use A-Z guide to the key tasks and responsibilities of a director. It is designed for quick reference, with each entry including an introduction and explanation, a checklist of points to consider, procedures to follow and cross-references to relevant legislation and regulation.
To find out how you can borrow books from the Library please see our guide to borrowing books.
You can obtain copies of articles or extracts of books and reports through our document supply service.
External resources
2024 salary guide
- Website
- Robert Half Talent Solutions
Guide showing salaries for a range of industries, including finance and accounting and financial services. Includes a list of the most in-demand permanent jobs and most in-demand contract jobs by industry. Salaries are shown for 25th, 50th and 75th percentile across a wide range of roles.
Employee Benefits
- Website
Online magazine covering developments around various kinds of employee benefits, including pensions, health insurance, and company cars.
Employee Benefits
- Website
- DVV Media HR Group Limited
News, analysis, case studies and events listings on pay and benefits topics.
Employee benefits
- Website
- Chartered Institute of Personnel and Development
Factsheets and reports from CIPD on employee benefits, flexible and voluntary benefits, and workplace pensions. Registration required to access content.
Employee pay
- Website
- Chartered Institute of Personnel and Development
Factsheets and reports from CIPD on staff benefits, pay structures, pay progression, bonuses and incentives and performance related pay. Registration required to access content.
Expenses and benefits A-Z
- Website
- HM Government
Government guidance on individual expenses and employee benefits presented in an A-Z list
Expenses and benefits for employers
- Website
- GOV.UK
Overview providing guidance on tax and National Insurance on expenses and employee benefits, covering the procedure for submitting a P11D form, deadlines, record keeping, and exemptions and dispensations.
Financial services inquiry
- Website
- Equality and Human Rights Commission
Research report from the EHRC. The study looks at sex discrimination and the gender pay gap within the financial services sector.
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