Hi everyone, it’s time to see what’s happening in today’s HR and employment law news.
The chief executive of Virgin Money has called for the creation of a “ministerial board” that would champion the economic benefits of gender diversity.
Speaking to the Treasury Select Committee on Tuesday, Jayne-Anne Gadhia said that a move by City regulators to sign up to the Women in Finance charter had forced many firms to address and start tackling issues around gender equality.
But she added that more still has to be done. She said that there are still companies that have not signed up, and that it is paramount for those firms to commit to the Government-backed charter, which requires them to link executive bonuses to targets such as achieving a 50-50 split of females and males in top jobs.
One in seven (15.5%) employees resigned from the job in 2016, according to the latest data from XpertHR. Labour turnover statistics from 288 organisations show that the resignation rate has increased steadily since 2012, when it stood at 10.6%.
HR has the fourth highest voluntary resignation levels out of the groups measured, with rates up for the second consecutive year, standing at 8.2% – up from 7.4% in 2016 and 6.3% in 2015.
The other occupational groups with high resignation rates were distribution at 12.4%, publishing and events at 12.3% and the voluntary sector at 8.8%.
A pair of office workers have been awarded almost £30,000 by an employment tribunal after a mix up with their HR department over annual leave entitlement.
The Central London employment tribunal heard that both Imran Yousaf and Ying-Nan Wang were employed by Merrill Corporation, which provides back office services to financial sector companies. They both worked 12-hour shifts on Friday, Saturday and Sunday nights.
Their contracts also stated that, if a bank holiday fell on a day they were supposed to be working, they would be required to work it or find cover. However, the evidence suggested that, in practice, weekend workers were rarely required to work bank holidays unless they wanted to.
Ryanair employee saga rumbles on – HR Grapevine
Further details have emerged from the ongoing Ryanair saga, which saw the cancellation of more than 20,000 flights affecting over 700,000 customers as well a stand-off between pilots and company executives.
The budget airlines’ largest pilot base at London Stansted have rejected a ‘peace offering’ from the company. In addition, Skift reports that Ryaniar required its pilots to pay for their own hotels when they could not return to their home base due to flight schedules – issues which make a peaceful negotiation less likely.
Furthermore, the threat of industrial action is looming. Two days after pilots at Stansted rejected the company’s offering, the European Employee Representative Council, which is seeking to organise collective bargaining across the company, outlined a proposal demanding salaries be doubled and extended across the airline’s European bases – to £150,000 for captains from the current £64,000.
A 20-minute increase in commute time is as bad as a 19 per cent pay cut for job satisfaction, a study has found.
Research by the University of the West of England found that every extra minute spent travelling to and from work reduces job and leisure time satisfaction, increases strain and worsens mental health.
Dr Kiron Chatterjee, an associate professor in travel behaviour at UWE Bristol, who led the research, said: “The findings indicate that longer journeys to work have adverse subjective wellbeing effects, particularly through loss of free time.”