“One type of expense incurred in modern wars was not always present in the ancient world: paying the troops. As we have seen, in the classical city state citizenship was bound up with military service. For a long time city states thus had no need to pay their citizen-soldiers. In the Greek world the only… Read More
“In short, investors should not treat technology as the equivalent of a “diet pill” that will help them lose weight effortlessly and instantly. Instead, they should view it as a tool to encourage the behaviour (the investment equivalent of exercising more and eating less) that will lead to long-term success. Think of fintech as one… Read More
Research Paper Title A Qualitative Study to Evaluate the Purpose and Comprehensiveness of the British Army’s Annual Individual Performance Appraisal System. Abstract The British Army has undergone a major restructuring programme in recent times, whilst trying to withdraw from a major theatre of conflict. Their employees, the soldiers, are expected to deliver in diverse roles… Read More
Whilst more than half of workers received a pay rise last year, and 63% are expecting one in 2015, the typical pay rise has been just 2% for two years running. The CIPDs latest ‘Employee Attitudes to Pay and Pensions‘ survey finds that almost half of respondents (48%) are dissatisfied with their employer’s pay decisions… Read More
The main features of the new scheme are (new features in bold): One scheme for all – including Reservists. A Career Average scheme (rather than final salary). No personal contributions. A pension accrual rate of 1/47th for all. Benefits earned under the new scheme while serving will be increased (‘revalued’) annually by an average earnings index.… Read More
This article examines three studies of how pay justice can affect employee behaviour. As the authors point out, previous research investigating justice has established four types of reward-related justice, namely: The fairness of the actual rewards given to an individual, known as ‘distributive justice’; Procedures used to determine reward decisions, known as ‘procedural justice’; The… Read More
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