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Bank of England gives employees 4% pay rise

Employee Benefits

The Bank of England has given its more than 5,000 employees a 4% pay rise along with a 1% salary top-up deal for 2024/25 as part of its aim to retain staff in a competitive jobs market. The deal, which was intended to match inflation , was accepted by the trade union that represents the bank’s employees.

Banking 102
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Bank Failures Impact Payroll Professionals

PayrollOrg

The American Payroll Association offers best practices following the March 10 collapse of Silicon Valley Bank and the March 12 failure of Signature Bank.

Banking 104
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Bank Failures Impact Payroll Professionals

PayrollOrg

The American Payroll Association offers best practices following the March 10 collapse of Silicon Valley Bank and the March 12 failure of Signature Bank.

Banking 104
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PayrollOrg Contacts DOL About Bank Failures

PayrollOrg

Department of Labor (DOL) on wage and hour/pay period requirements and the impact of bank failures. PayrollOrg recently sent a letter to the U.S.

Banking 104
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Bank Failures Impact Payroll Professionals

PayrollOrg

The American Payroll Association offers best practices following the March 10 collapse of Silicon Valley Bank and the March 12 failure of Signature Bank.

Banking 104
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PayrollOrg Contacts House Committee About Bank Failures

PayrollOrg

With increased concern about recent bank failures, PayrollOrg’s Government Relations Task Force engaged with the federal government and other partners regarding paying workers on time.

Banking 104
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PayrollOrg Contacts FDIC About Bank Failures, Payroll

PayrollOrg

PayrollOrg’s GRTF Federal Issues Subcommittee sent a letter to the Federal Deposit Insurance Corporation (FDIC) to talk about the risks that bank failures have on payroll.

Banking 104