Search

Byline: Natasha Lamb Over the past three months, the nation's four largest banks -- Bank of America, Wells Fargo, Citigroup and JPMorgan Chase -- as well as American Express have [...]

GMP equality Plans to equalise guaranteed minimum pensions (GMPs) will 'significantly' increase the cost of buyouts, forcing some smaller schemes out of the market, research shows. Figures from consultants Lane [...]

But the gap continues to narrow The debate continues. 'Of course there's no pay inequity between women and men,' say some. 'There's most definitely a wage gap,' counter others. Any [...]

A recent IDS research on 20 countries shows that the average difference between the hourly pay of male and female workers is 22.4%. It also shows that women workers in the UK private sector earn 10.7% less than men, but higher level of education offsets pay gap. Impact of trade union membership and recession in pay gap is discussed.

Two types of multiple-pay systems are described: (1) those that hire new employees at less than the current salary rate, and (2) those that offer higher rates for occupations in which there are labor shortages. Multiple-pay systems often stimulate rivalries between long-term employees and recent hires, segregating a company into highly competitive territorial groupings. General employee discontent, equal pay, and comparable worth problems may also develop. A single-pay system is the best way to provide a consistent and coherent payment mechanism.

BREAKING NEW GROUND: BARGAINING IN 1986 Nineteen eighty-five was a year of transition for the U.S. economy and, as such, presented workers with formidable challenges in the sphere of collective [...]

The impact of the ruling of Newcastle tribunal favoring women hospital workers on equal pay claim, which was brought by Unison against National Health Service, is examined.

The labor issue of the 1980s will be the issue of comparable worth. Feminist groups and labor groups seek enactment of comparable worth employment laws. Currently, comparable worth legislation has been ratified in 20 states. Critics claim that pay differentials reflect how women have chosen to participate in the workforce in low salary jobs.

ONE OF THE MOST profound changes in the United States -- indeed in most industrial societies -- over the last quarter century has been the steady decline in the participation [...]

For corporate America, the concept of 'comparable worth' is becoming an increasingly troublesome issue. To the surprise of many compensation experts, this seemingly audacious idea is being taken seriously, and [...]

TOP investment bankers earn telephone-number salaries. Even their junior colleagues earn fat pay-cheques. Presumably, that is because they make hefty profits for their bank. Why, though, are their secretaries paid [...]

Conduct unbecoming Equal pay is an idea whose time has come. So why can't business accept it? How's this for a dose of logic? It's your annual job review and [...]