Friends Provident: 3.5% merit pay budget
|
Key details Pay award: merit rises from 3.5% pot Employees covered (nos.): all staff (3,400) Effective date: 1 January 2006 |
All 3,400 employees at financial services group Friends Provident have been awarded all-merit increases from a 3.5% pay pot, effective from 1 January 2006. The company had allocated an additional 0.25% of the paybill spend for regional pay adjustments along with further funds to address pay "hotspots".
To continue reading, register for free access now.
Register now
Already a Brightmine HR and Compliance Centre user?
Log in
