As first reported by Sky News, aero-engine group Rolls-Royce is to give a one-off payment of £2,000 to 14,000 of its UK employees to help with the rising cost of living. In addition to the lump sum, Rolls-Royce will also offer a 4% pay rise backdated to March to 11,000 shopfloor workers. Rolls-Royce, which is […]
Organisations tend to evaluate their success by performance metrics. These metrics capture tangible, measurable outputs — how much, how fast, how profitably — that connect directly to the bottom line or ROI. But as most CEOs know, performance, no matter how you measure it, depends on something less often quantified: executive effectiveness. And given the […]
Food delivery company Deliveroo has appointed Scilla Grimble as its next chief financial officer (CFO). Grimble will replace Adam Miller who is set to stand down in September. Grimble has served as CFO for price comparison site MoneySupermarket.com since 2019 and previously worked as interim CFO for British retailer Marks & Spencer. Grimble is set […]
Professor Sophie Hennekam from Audencia Business School takes a look at 5 common remote work challenges and offers solutions. The pandemic has resulted in an upsurge of remote working. With most people unable to go to work during the lockdowns, it became the new normal for many organisations and workers. Remote working has both advantages […]
Helen Connolly, who has been at New Look since 2020 as chief commercial officer, will now step into the role. She has previously served as chief executive at women’s clothing brand Bonmarche and as head of buying at Dorothy Perkins. In a company press release, Connolly said, “It’s a privilege to be taking on the […]
Imagine the scenario. It’s minus forty degrees and the wind is blowing straight into your face. All you can see for miles around is whiteness. It’s a struggle to keep going, and your team has already been skiing in these conditions for eight hours. You feel physically and mentally exhausted, and there is still another […]
Last week, the Federation of Small Businesses (FSB) agreed to sign the Menopause Workplace Pledge, which aims to correct the lack of awareness and support for women and non-binary people in the workplace who are experiencing menopause. While women make up around half of the UK workplace, approximately 900,000 have left their jobs due to […]
Concerningly, it was reported last month that the UK’s ranking in Europe for the rights accorded to LGBTQ+ people has dropped for the third year running. From being in the top spot in the rankings in 2015, seven years later we find ourselves having moved down considerably to a Number 14 ranking. In all likelihood […]
Rowe stepped down as the British retail giant’s CEO last month. While he will not receive a pay-off, he will continue to be employed as a consultant with pay of up to £843,000 for as long as a year after ceasing full-time employment for M&S in July. Rowe will also be able to cash in […]
KellyOCG President Tammy Browning explores key findings from their 2022 Global Workforce Report – Re:work – and reveals why a robust, contingent workforce strategy is increasingly crucial to business success. KellyOCG’s recent Global Workforce Report surveyed 1,000 senior executives across 12 countries, creating a comprehensive picture of the issues keeping global leaders up at night. […]
Tesla CEO Elon Musk has accused Twitter of committing a “material breach” of his $44 billion deal to buy the social media giant and has threatened to walk away from the deal altogether. As part of a dispute over the number of fake accounts on Twitter, Musk’s lawyers have written to the social media company, […]
In the UK, 70 companies are giving their 3,300 employees a three-day weekend from Monday. Though the employees won’t see any reduction in pay, they are expected to maintain their typical levels of productivity. The trial has been organised by academics at Oxford and Cambridge universities and Boston College in the United States, with a […]
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