Displaying 1-33 of 33 results
Hefty executive payouts come under the spotlight
- 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
- 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
- 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
- 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
- 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
- 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?
- 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
- 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
- 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
Exclusive
Effects of Covid-19 on equal pay
- 16 Nov 2021
- Xenia Taliotis
- Business and Management
Efforts to eliminate the gender pay gap have been going on for decades, with slow and sometimes painful progress. And the pandemic may have led to a backwards step, says Xenia Taliotis
Gender Pay Gap and the accountancy profession: time for a rethink?
- 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
- 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.
PwC Chair backs ‘back to the office’ call to close socio-economic pay gaps
- 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
- 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
- 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
- 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?
- 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
- 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
- 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.
Tax news in brief
- 24 Nov 2020
24 November: Highlights from the broader tax news this week includes: HMRC begins checks on 'Eat Out' scheme payments, no clarity on Budget date, government guidance for staff dealing with social security applications post-Brexit and gender pay gap reporting when employees have been furloughed.
Salary survey 2020
- 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
COVID-19 and ‘new normal’ necessitate rule changes for employee benefits
- 28 Sep 2020
- Peter Bickley
28 September 2020: The employee benefits-in-kind (BiK) regime is not fit for purpose for a post-COVID world ICAEW has told HMRC.
Does equal pay equate to equal opportunity?
- 29 May 2020
- Jane Berney
29 May 2020: Some 50 years after the Equal Pay Act, there is still a pay gap in every sector of the economy. But does the shift in working patterns driven by coronavirus offer an opportunity to level the playing field?
Fiona Wilkinson on gender equality and women at work
- 22 Mar 2020
23 March 2020: 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
- 21 Mar 2020
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.
Accounting for Generation Z: how to engage the post-Millennial workforce
- 17 Feb 2020
17 February 2020: move over Millennials, the next cohort to join the profession is Generation Z. But if you thought the rules of engagement were the same, think again. To target this tranche of job seekers and get the most out of them in the workplace demands a different approach, experts explain.
Gender imbalance: bridging the boardroom gap
- 05 Feb 2020
5 February 2020: while last year saw a record number of women on FTSE 350 boards, closing the gender pay gap is not a straightforward task. What can businesses do to address gender imbalances and why does it make good business sense to do so?
Accountancy firms push for mandatory ethnicity pay gap reporting
- 01 Mar 2019
- Jessica Fino
EY, KPMG and Deloitte are among 15 of the biggest UK companies calling for mandatory ethnicity pay gap reporting among businesses with more than 250 staff
2018 salary guide
- 04 Feb 2019
- Business and Management Faculty
- Business and Management
Taking a deeper look at what CFOs and FDs earn.
Is executive pay too high?
- 04 Feb 2019
- Padraig Floyd
- Business and Management
The public are obsessed with high executive pay. We take a look at why.
Employee benefits
- 10 Nov 2017
- Lauren Razavi
- Business and Management
Motivated employees can produce good results, but how can those results be maintained for the good of the business? The answer, Lauren Razavi says, might lie in employee benefits.
Boardroom pay
- 10 Apr 2017
- David Craik
- Business and Management
Pay ratios are the latest idea proposed to address public concern over executive remuneration. But will they achieve what proponents intend? David Craik investigates.
Pay-for-performance pitfalls
- 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 1-33 of 33 results
- See all Business news from Insights
- Visit the Insights hub