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Latest employee compensation articles

Read our latest articles and features on employee compensation.
Displaying 1-29 of 29 results
5 multi racial hands placed down on table
Gender pay gaps: the methodology minefield
  • Article
  • 20 Jan 2025
  • ICAEW Insights
From the Employment Rights Bill to impending EU Pay Transparency Directive, what are the challenges facing organisations as efforts to tackle gender equity ramp up?
Taxpayers should check HICBC for 2022/23
  • Article
  • 20 Aug 2024
  • ICAEW Insights
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
  • ICAEW Insights
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
  • ICAEW Insights
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
  • ICAEW
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
  • ICAEW
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
  • ICAEW Insights
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
  • ICAEW Insights
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
  • ICAEW Insights
Financial services are among the least likely to publish salary data, despite moves toward encouraging greater pay transparency.
UK executive pay increasingly linked to ESG targets
  • Article
  • 17 Jan 2023
  • ICAEW Insights
The UK’s top companies are increasingly including ESG corporate goals in executive pay plans, suggesting investor pressure for greater ESG disclosure is taking effect, new research shows.
Cost-effective solutions for attracting and retaining talent
  • Article
  • 26 Oct 2022
  • ICAEW Insights
Forget traditional pay rises, organisations have a range of far more thoughtful tools at their disposal to show that they are great to work for.
Employers: check flexible benefit packages are tax compliant
  • Article
  • 28 Jun 2022
  • ICAEW
Flexible benefit packages can offer tax and NIC advantages. They can simplify administration, as well as making the benefit package more attractive to employees. However, ICAEW’s Tax Faculty warns that the underlying tax rules should not be overlooked.
Social mobility: do we need a class pay gap?
  • Article
  • 23 Feb 2022
  • ICAEW Insights
Class pay gaps within your business are an important indicator of social inequality. Reporting them is essential if you’re serious about ensuring socioeconomic diversity at all levels
Ethnicity Pay Gap reporting should be mandatory, signal MPs
  • Article
  • 08 Feb 2022
  • ICAEW Insights
In a new report, the House of Commons Women and Equalities Committee calls on the UK government to introduce legislation that would require large companies to publish their ethnicity pay gap data.
Exclusive Salary survey 2021
  • Article
  • 16 Nov 2021
  • Business and Management Faculty
  • Business and Management
As the nation recovers from the financial impact of the pandemic, what shape does the accounting profession find itself in? A fairly healthy one, according to the latest salary surveys – with talented candidates having the whip hand when it comes to dictating terms, as Nina Bryant discovers
Gender Pay Gap and the accountancy profession: time for a rethink?
  • Article
  • 13 Oct 2021
  • ICAEW Insights
Figures from the latest gender pay gap report show a narrowing in some sectors, but little overall change from previous years. How has the accountancy profession fared when it comes to closing the gap?
87 of FTSE 100 have not yet revealed ethnicity pay gaps
  • Article
  • 12 Oct 2021
  • ICAEW Insights
The Chartered Institute of Personnel and Development has revealed that almost 90% of FTSE 100 employers have yet to declare their ethnicity pay gap figures, hampering a move towards more equal pay.
Blurred businesspeople walking outdoors
PwC Chair backs ‘back to the office’ call to close socio-economic pay gaps
  • Article
  • 04 Oct 2021
  • ICAEW Insights
Lockdowns may have forced a monumental shift in working practices and made homeworking the norm for many, but as restrictions ease PwC UK Chairman Kevin Ellis has stressed the importance of encouraging young accountants to return to the office, or risk hindering their learning and development and the profession’s attempts to close socio-economic pay gaps.
Salary rises drive benefits packages rethink
  • Article
  • 30 Sep 2021
  • ICAEW Insights
Knowing what to pay finance professionals can be a minefield at the best of times, but with the current combination of skills shortages and reduced candidate availability pushing up salaries by as much as 10%, employers are forced to be more creative in the packages they offer, recruitment experts are warning.
Accounting firms target socio-economic pay gaps
  • Article
  • 20 Sep 2021
  • ICAEW Insights
ICAEW has hailed the recent publication of socio-economic data by two Big Four firms as ‘a step in the right direction’ but highlighted that data must be used effectively to bring about positive change.
IFRS Standards: a new approach to disclosures
  • Article
  • 07 Jul 2021
  • ICAEW Insights
The IASB is calling for comments on a proposed new approach to developing disclosure requirements in IFRS Standards and proposed amendments to the standards on fair value measurement and employee benefits that were developed applying that approach.
CJRS - is an employee receiving fixed or variable pay?
  • Article
  • 11 May 2021
Whether an employee has fixed or variable pay is a key concept for calculating amounts that can be claimed under the Coronavirus Job Retention Scheme. The Tax Faculty explain that the classification of some employees is essentially the employer’s choice.
European Commission tables binding pay transparency measures
  • Article
  • 05 Mar 2021
  • ICAEW Insights
8 March 2021: The right to equal pay for work of equal value is a founding principle of the EU, but one seldom implemented or enforced in full. With the EU gender pay gap currently over 14%, new legislative proposals seek to remedy this through pay transparency and improved enforcement mechanisms.
2021 salary outlook: cautious optimism for accounting profession
  • Article
  • 13 Jan 2021
14 January 2021: Despite a difficult economic backdrop, 50% of accounting and finance professionals say they managed to increase their salaries over the past year. However, average pay increases failed to hit even 1%, despite a relatively buoyant market that will see more than half of employers recruit new accounting and finance staff over the coming year.
Salary survey 2020
  • Article
  • 14 Oct 2020
  • Business and Management Faculty
  • Business and Management
As 2020 began, Brexit was the great unknown, the surrounding uncertainty permeating all areas of business – and there’s no doubt that included discussions about remuneration. We take a look at the highs and lows of salaries in the UK accountancy world
Fiona Wilkinson on gender equality and women at work
  • Article
  • 23 Mar 2020
  • Fiona Wilkinson
Today, there is broader acceptance of women having senior roles in the workplace, but there are still challenges, writes ICAEW President Fiona Wilkinson
From pioneers to parity: 100 years of women in ICAEW
  • Article
  • 22 Mar 2020
  • Rachel Willcox
Any celebration of how far women have come needs to recognise how far we have to go. Real change is about new ways of thinking rather than new faces, says Rachel Willcox.
Data disruptor: look beyond the numbers at the probabilities
  • Article
  • 02 Mar 2020
3 March 2020: vast information streams engulf just about every business sector but, armed with algorithmic tools, professional statistician Nigel Marriott is akin to a modern-day fortune teller. He tells Penny Sukhraj what statistics can bring to business.
Pay-for-performance pitfalls
  • Article
  • 16 Nov 2010
  • Wim Van der Stede
  • Business and Management
PFP is an incentive scheme in which employees receive extra, performance-dependent compensation for their work if they reach certain performance targets.
Displaying 1-29 of 29 results