GOVERNMENT POLICY
Joint plans for government published
The Tory-Lib Dem government has published today its key policy plans. The new programme, set out in the 34-page document, is the result of discussions between the two parties that form the government – the Conservative Party and the Liberal Democrats.
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Among the more eye-catching proposals of interest to reward professionals are the following:
Banker’s bonuses
“We will bring forward detailed proposals for robust action to tackle unacceptable bonuses in the financial services sector; in developing these proposals, we will ensure they are effective in reducing risk.”
Flexible working
“We will extend the right to request flexible working to all employees, consulting with business on how best to do so.”
Pay transparency – in public sector
“We will require public bodies to publish online the job titles of every member of staff and the salaries and expenses of senior officials paid more than the lowest salary permissible in pay band 1 of the Senior Civil Service pay scale, and organograms that include all positions in those bodies.”
“We will require anyone paid more than the prime minister in the centrally funded public sector to have their salary signed off by the Treasury.”
Fair pay review - in public sector
“We will undertake a fair pay review in the public sector to implement our proposed ‘20 times’ pay multiple.”
Want to know more?
Title: The Coalition: Our programme for government, HM Government, May 2010.
Availability: You can download the document in PDF format at www.direct.gov.uk.