An annual assessment of FTSE 100 pay packages, released today, shows that median pay for chief executives fell by 13% between 2017 and 2018. However, the average (median) CEO salary of £3.46 million a year is still more than 117 times that of the average (median) UK full-time worker earning £29,574.
Students might still rest their hopes of landing their dream job on the #ALevelResults they receive today (15 Aug), but qualifications are only part of the story for employers. Employers are placing more emphasis on essential skills, like teamwork, presenting and problem-solving, but these are often difficult to assess at the recruitment and selection stage. In response, leading organisations from the education and employment sectors have come together for the first time to agree a universal framework for essential skills:
The CIPD calls on the Government to focus on improving job quality for those working ‘9 to 5’, as well as enhancing rights for those in the atypical #GigEconomy Employment insecurity affects many people but, overall, work in the UK is as secure as it was 20 years ago, with limited evidence of growing casualisation, new research from the CIPD finds.