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This issue features our special annual look at the year ahead, based on your responses to our survey of prospects for pay and conditions. The results show clearly that pay is right at the top of the agenda for reward specialists, who as usual will have to balance upward pressures from recruitment, retention and motivation on the one hand, and inflation on the other, with downward pressures from affordability in many cases.
Almost two-thirds of respondents expect to offer lower pay awards next year than those offered in 2024. These plans are due to recruitment and retention pressures easing somewhat and lower inflation. This year’s survey focused on the changes employers are planning to make to their pay and benefit packages in 2025, and the factors behind those decisions...
In March this year we conducted a survey of family-friendly benefits, including maternity, paternity and shared parental leave and pay and support for working parents. With the caveat that employers that offer good support in this area are possibly more inclined to share details of their provision, we found that 82% of employers improve on...
On 1 April this year saw a surprising 9.8% increase applied to the National Living Wage (NLW) for workers aged 21 and over, surpassing expectations, including even those of the Low Pay Commission. This feature, which includes results from our recent poll of employers, examines how the £11.44 minimum wage has affected pay...