Measuring performance and managing performance Explain how employee performance is measured and managed (SM) M3 Explain how the results from measuring and managing performance inform employee development

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Unit 16 – Assignment 3

Unit 16 – Assignment 3

Contractual entitlements: Pay Hours of work Leave Notice Period Pension

Pay The average salaries of UK jobs are revealed annually by those helpful number-crunching pixies at the Office of National Statistics.   The survey of a whopping 21,563,000 people's earnings will either delight or depress you depending on what end of the scale you see yourself in the next five years.  But it's fascinating to read how much each job actually earns http://www.thisismoney.co.uk/money/news/article-2868911/Best-paid-UK-jobs-2014-Compare-pay-national-average.html

Pay

Hours of work You can’t work more than 48 hours a week on average - normally averaged over 17 weeks. This law is sometimes called the ‘working time directive’ or ‘working time regulations’. You can choose to work more by opting out of the 48-hour week. If you’re under 18, you can’t work more than 8 hours a day or 40 hours a week.

Hours of work Exceptions You may have to work more than 48 hours a week on average if you work in a job: where 24-hour staffing is required in the armed forces, emergency services or police in security and surveillance as a domestic servant in a private household as a seafarer, sea-fisherman or worker on vessels on inland waterways where working time is not measured and you’re in control, eg you’re a managing executive with control over your decisions

Working hours in Canada & the US According to official statistics on working hours in Canada, employed Canadians worked an average of 36.6 hours per week in 2012, with significant variation depending on age, gender and location. For example, in Quebec the average working hours were 35.4 hours, compared to 39 hours in Alberta – a clear reminder that even within the same country, working hours can vary a lot. Data released last year showed average working hours in the US to be around 1,700 hours per year. This comes out higher than most European countries (especially Western Europe) but lower than many Asian nations, and OECD data likewise suggests average working hours in the US are relatively high, at least in comparison to other OECD nations. http://www.topuniversities.com/blog/differences-average-working-hours-around-world

Working hours in Europe Overall, official statistics suggest average working hours in Europe tend to be lower than those in the US, but of course this varies depending on the country. According to the latest OECD data, from 2012, average annual working hours are relatively high in Eastern European countries such as Greece, Russia, Poland, Estonia, Hungary and the Czech Republic – all of which come out higher than the US. On the other hand, the majority of Western European countries, including the UK, Germany, France, Spain and Italy, all have lower average annual working hours than the US.

Working hours in Australia In the OECD data set, Australia comes out with average annual working hours a little below the combined OECD average. National employment standards set maximum working hours at 38 hours per week, but with allowances for overtime and ‘reasonable’ additional hours. Paul, from the UK and now working in Australia, says the "9 to 5" expectation remains, but with flexitime increasingly common. “Increasingly it’s okay to do 7 to 3 or 10 to 6. 

Leave Almost all workers are legally entitled to 5.6 weeks’ paid holiday per year (known as statutory leave entitlement or annual leave). An employer can include bank holidays as part of statutory annual leave. Working 5 days a week Most workers who work a 5-day week must receive 28 days’ paid annual leave per year. This is calculated by multiplying a normal week (5 days) by the annual entitlement of 5.6 weeks. Working part-time Part-time workers are also entitled to a minimum of 5.6 weeks of paid holiday each year, although this may amount to fewer actual days of paid holiday than a full-time worker would get. https://www.gov.uk/holiday-entitlement-rights/entitlement

Notice period You must give your employer 1 week’s notice if you want to leave your job and you’ve worked for them for 1 month or more. You’re usually entitled to normal pay for things like sick leave during your notice period. Check your employment contract to see if you must give more than 1 week’s notice. You can give notice verbally or in writing, although it’s advisable to hand in a resignation letter. You may be in breach of your contract if you don’t give enough notice, or give notice verbally when your employment contract says it should be given in writing. Your notice period usually runs from the start of the day after you gave your notice in. https://www.gov.uk/handing-in-your-notice-resigning-leaving-job

Pension The average British wage is about £26,000 – to replicate that in retirement you'd need a pension pot of more than £300,000. However, it's unlikely that you'll need as much money in retirement as you did while you were working.

Pension http://www.thisismoney.co.uk/money/pensions/article-3165215/Middle-aged-typically-53k-plus-pension-pot-finds-Aviva.html

Unit 16 – Assignment 3 What is Tescos disciplinary procedure?