Low pay and financial wellbeing
Explore the CIPD’s point of view on low pay and financial wellbeing, including actions for Government and recommendations for employers
Employee pay is the compensation employers pay to employees for the work they do. Payments may be called wages or an annual salary. Bonuses and incentives are made on top of any base pay. Here you’ll find resources on the fundamentals of employee reward and pay, its structure and progression, the UK’s minimum wage, bonuses and incentives, and employee attitudes to pay.
Explore the CIPD’s point of view on low pay and financial wellbeing, including actions for Government and recommendations for employers
This evidence review summarises the best available scientific research on what works in financial incentives and non-financial recognition
Findings from our annual survey of employee attitudes to pay and pensions
An examination of the expected responses from small and large employers, across different sectors of the economy, to the introduction of the National Living Wage
Understand the experiences of employees on the lowest rates of pay, and the contributing factors which lead to them being ‘stuck’ on low pay
Introduces the basics of reward, which includes pay and benefits, and outlines the UK legal position
Outlines the purpose of pay structures and progression, including the common ways of structuring pay and of determining, reviewing and controlling pay progression
Introduces performance-related pay and issues linking employee pay and performance
Understand the basics of bonuses and incentives, the trends in their application, and how to design and operate schemes effectively and ethically