Sentences with phrase «own pay awards»

The letter the AFL - CIO sent to Goldman Sachs on November 20 notes that accelerated vesting of incentive pay awards goes completely against the goal of employee retention.

In one of the most publicised spats over executive pay in recent years, a number of BP plc shareholders voiced their displeasure over the level of pay awarded to Bob Dudley, the company's CEO, in the lead up to the Company's 2016 AGM.

Defending his position, he said the introduction of the bonus scheme pre-dated his appointment and he had not sought out the bumper pay awards.

The FWO has found 76 per cent of Caltex stores audited were exploiting workers, including breaching workplace laws and «significantly» under paying award wages to young foreign workers on visas.

However, there remains an unacceptable disparity between the huge pay awards to the select few at the top of the organisation and the majority of the workforce.

«The two - year pay freeze follows a long period of real terms cuts for teachers, when their pay awards were well below inflation.

More than half of teachers (57 %) across England have not received or had confirmed that they will receive their 1 % pay award this year, a survey by the NASUWT, the largest teachers» union in the UK has found.

Ian will remind the Home Secretary that officers of all ranks have lost confidence in the Government following the disastrous handling of last year's pay award and warned «there must never be a repeat of the discreditable process».

The survey finding has been submitted as evidence to the independent School Teachers» Review Body which is currently taking evidence on the teachers» pay award for 2015.

The NASUWT, the largest teachers» union in the UK, is today giving oral evidence to the School Teachers» Review Body (Review Body) to argue for a substantial above - inflation pay award for teachers in 2015/16.

NHS consultants are offering poor value for money, the National Audit Office (NAO) has found, with pay awards not matched by improved patient care.

Too often the interests of shareholders and senior managers have taken priority and too often the result has been excessive pay awards at the top and too little distribution at the bottom.

«Teachers in England and Wales will be relieved that the final year of the three year pay award they had been promised will be honoured by this Government.

Despite some gains for officers in England and Wales, today's headline announcement of a 2 % pay award will leave many angry and deflated, Steve White, chair of the Police Federation of England and Wales, said.

Given Miliband's self - styled desire to take on vested interests, he might find an easy political target in facing down Russell Group vice-chancellors already struggling to justify their own pay awards.

It also criticised the government's controversial decision to stage public sector pay awards, warning savings will be modest and on - off, do little to fight inflation and undermine the credibility of the pay review body process.

«Last year, the combined effect of the Government's pay cap and discretionary pay in schools meant that the average pay award for classroom teachers last year was just 0.6 %.

They also argued that it made the government's rejection of a 2.5 per cent pay award for nurses and health workers look unfair.

He told the TUC: «For many teachers, these pay reforms have meant no guarantee of a pay award or pay progression.

This would bring MPs» pay rises in line with police and other public servants, who have been threatening strike action over below - inflation pay awards.

Liberal Democrat leader Nick Clegg will address the rally and call on the government to pay the full pay award.

Speaking in the debate on public sector pay the NASUWT — The Teachers» Union revealed that the average pay award for teachers last year was a paltry 0.6 %, even lower than claims by ministers.

But the NUT claims the pay award is below inflation, arguing recent pay rises have been wiped out by the rising cost of living.

Speaking during prime minister's questions today, Mr Brown said he would have liked to have given all public sector workers their full pay award.

Too many schools are awarding inflation - busting pay rises to senior management while many classroom teachers are not even receiving the 1 % pay award, the TUC Congress in Brighton heard today.

Gordon Brown maintains public sector pay awards must be below two per cent to prevent rising inflation.

The Scottish Executive's decision to backdate the pay award for officers in Scotland has piled further pressure on the government.

Sir Ian Blair, the Metropolitan police commissioner, has also said it was a «mistake» not to backdate the pay award.

YouGov also identifies a clear majority of voters (58 %) who are «inclined to disapprove» of Jacqui Smith's decision to phase in the police pay award.

The MRC is not receiving extra money to fund the pay award; instead, it will take the extra cash from its general pot.

He said in the letter: «The government expects pay awards to be applied in a targeted manner to support the delivery of public services, and to address recruitment and retention pressures.

Sara Ford, ASCL's Pay, Conditions and Employment Specialist, commented: «In partnership with five other teacher unions, we have submitted our response to the consultation on the School Teachers» Review Body's recommendations on the teachers» pay award.

It had also called for a return to pay awards being funded by the government — rather than them falling as an extra cost on already stretched school budgets.

Additionally, the STRB has accepted the Department for Education's position that the pay awards can be managed without any more funding — effectively meaning a further cut to school budgets.

What is needed is a fully funded pay award that addresses the erosion in teachers» pay since 2010 otherwise the recruitment crisis facing schools will only worsen.»

However, the STRB has recommended a pay award of only one per cent for most salary levels, and none at all for the maximum pay ranges for senior leaders — meaning a pay freeze for those at the top of these ranges.

The STRB is due to make official recommendations regarding pay awards by the end of April 2016.

The union revealed that the average pay award for teachers last year «was a paltry 0.6 per cent, even lower than claims by ministers».

Speaking to the TUC Congress in Brighton, he said: «For many teachers, these pay reforms have meant no guarantee of pay award or pay progression.

«School leaders and teachers are having to spend far too much valuable teaching and learning time on paperwork and admin to decide pay awards.

He continued: «Last year, the combined effect of the government's pay cap and discretionary pay in schools means that the average pay award for classroom teachers last year was 0.6 per cent.

Martin Furlong, national officer for the civil servant union, the First Division Association (FDA), said: «In the past five years the total remuneration [for senior civil servants]-- including bonuses, pensions and pay awards — has reduced in value by a quarter.

According to the teachers» union NASUWT, too many schools are awarding inflation - busting pay rises to senior management «while teachers are not even receiving the one per cent pay award».

And the government must fund any pay award rather than expecting schools to foot the bill from budgets which have already been cut to the bone.»

The union is also calling for pay levels which remain competitive in the longer term with other professions and reward teachers fairly; a common pay increase for all teachers, recognising that different pay awards for different groups are ineffective and demotivating; and additional government funding for all schools to help them implement the award.

Seamus Searson, SSTA general secretary said, «At this early stage 96 per cent of SSTA members are prepared to take industrial action for an above inflation pay award in 2018.

Unions have claimed the new freedoms for schools to decide details regarding teacher wages has led to a «wild west» situation, whereby inconsistent guidance and budget pressures has meant that less teachers are being told about their pay awards.

«The recent pay reforms mean that schools are now best placed to decide how pay awards can be targeted to meet their specific local recruitment and retention needs.»

Martin Furlong, national officer for the civil servant union, the FDA, said: «In the past five years the total remuneration [for senior civil servants]-- including bonuses, pensions and pay awards — has reduced in value by a quarter.

This follows years of pay rises being limited to one per cent, until a September 2017 pay award that allowed for a 2 per cent increase to the main pay scale but still left salaries trailing, with the Consumer Prices Index 12 - month rate at 3.0 per cent in October 2017.