When it comes to pay ratios, it’s time to choose meaningful medians not meaningless means

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Jobs, Skills and Pay

Back in the dog days of last summer, the Government announced a package of reforms to corporate governance. Among those reforms was the welcome requirement for “listed companies… to publish pay ratios between chief executives and their average UK worker”. On the back of gender pay gap reporting and the commitment to transparency expressed in … Continued

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Deeds not words – what we needed from the government’s response to the Taylor Review today

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Jobs, Skills and Pay

Yesterday, Britain celebrated the success of the ‘deeds not words’ campaign that won women the vote. Today, we have something of the opposite in the government’s response to last summer’s Taylor Review of Modern Working Practices. It’s not nothing, but those hoping for a bold new dawn in the rules that govern Britain’s labour market … Continued

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The latest data on Apprenticeship starts offers cause for hope and concern

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Jobs, Skills and Pay

This morning the Department for Education published figures outlining the number and type of apprenticeships that were commenced during the first quarter (August to October) of the 2017-18 academic year – the second quarter since the apprenticeship levy came into place last Spring.  Inevitably, much of the focus today will be on numbers: how the … Continued

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Reading the runes on Britain’s labour market

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Jobs, Skills and Pay

The UK labour market has shifted into different gears over the last decade. The first – and most dramatic – move happened early in 2009 when real pay began to fall for the first time in decades. Early in 2012 the jobs market bottomed out and five years of nearly uninterrupted employment growth began. 2015 … Continued

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2018 risks being a standstill year on pay

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Jobs, Skills and Pay

2018 looks set to be a standstill year. On the biggest political issue of our time we will spend all 365 days of it leaving, but not out, of the EU. It also looks set to be a standstill year for our economy as most people experience it – on pay and employment we may … Continued

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Unwrapping the agency worker pay penalty

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Jobs, Skills and Pay

Christmas is coming – and many of the presents we’re all busy buying are being picked and packed in warehouses, delivered by drivers, or sold to us in shops by staff who are not directly employed, but who work through an agency instead. So how has this part of the workforce fared over the course … Continued

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