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Pay rises stay low across Europe

Pay rises across Europe's largest economies look set to average around just three percent in 2012, a significantly lower increase than employees in several other regions can expect to receive this year.

A new variety of carrot?

The metaphor of carrots as motivators is still alive and well. But carrots don't work for all of the people all of the time. So how do we package reward and remuneration to meet the needs of people at all levels of an organisation?

Spend or save?

Receiving an unexpected holiday bonus can put a smile on anyone's face - especially in the current climate. But why do some employees choose to spend their bonus immediately while others save this money for the future?

Money, happiness and motivation

The first thing Clive Palmer did when he bought a loss-making Australian nickel refinery in July 2009 was to raise the of pay of its employees and then ask them how to run the business. The results have been impressive – and so too Clive Palmer's generosity in return.

UK boardroom pay rises 55 per cent

Despite average pay increases not breaking the three per cent barrier, the directors of Britain's 100 largest companies enjoyed a 55 per cent rise in total earnings over the last year.

US pay freeze finally thawing

After almost two years of austerity, there are signs that the great US pay freeze could be finally be thawing, with three-quarters of the employers that froze pay expecting to change their policy by the end of 2010.

Business as usual for executive pay

The British economy may still be in the doldrums, but that doesn't seem to be having any effect on size of the bonuses paid to the country's top executives.

What are you worth?

Despite the recession, CEOs continue to pay themselves vast sums while expecting others to suffer - with those CEOs who slashed their workforces the deepest earning the most. As a new report puts it, 'CEOs laid off thousands while raking in millions.'

Optional extra?

The effectiveness of stock options as part of a reward package has became something of an article of faith in the tech sector. But is there any evidence to back this up?

Flexible working tops benefits wish-list

Flexible working is the most valued benefit for employees, proving far more popular than material perks such as bonuses, according to a new survey carried out in the UK by PricewaterhouseCoopers.

Has HR finally hit the big time?

One of the ironic twists of the economic meltdown is that the very issues HR leaders have been voicing for decades are now the hot topics for CEOs and boards across all industries. That's good for HR - but it also means it needs to raise its game.

How capitalism was tested beyond its limits

Capitalism has been tested beyond its limits by completely false and inherently risky assumptions. Globalisation transpired to be a trap and a delusion. What looked like a dead cert for the world economy became a sure nightmare.

Bankers bonuses are a self-created myth

Wall Street and the City of London will beg to differ, but a Dutch business school says that the need to hand out vast bonuses within the banking world is a 'self-created myth'.

What have we learned about performance management?

What have organisations learnt from the economic crisis about getting the best out of their people? Two contrasting examples suggest that while some have learned a lot, others are stuck in the same old rut.

CEOs think the worst is over

CEOs the world over are confident that the worst of the recession has passed and that their businesses – and their headcounts – will grow during 2010. But what lessons have they learned from the crisis?

CEO pay rises hit the buffers

For the first time in ten years, the bosses of the UK's largest companies enjoyed pay rises less than those of the average British worker in 2009.

Hourly-paid workers are happier

It's often said that money doesn't bring happiness. But the truth could be more complicated, according to researchers at University of Toronto and Stanford University.

CEO pay immune from reality

Between 2007 and 2008, the US stock market fell by 37 per cent and 2.6 million American jobs disappeared. But amid the economic chaos, one group has remained immune from the pain. For America's CEOs, the gravy train has just kept on flowing.

What can a college degree do for you?

To those who might question the value of a college degree, please let me encourage you to 'go for it.' If you still don't think it's worth it, perhaps a few figures might persuade you otherwise.

Corporate culture and the new economics

Reward for decision-makers has always been determined by vested interest. It obviously suits the men and women themselves to be paid enormous sums, irrespective of any rationale. But what can we do about it?

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