Pay climate is a paid information service providing you with up-to-date analysis of pay awards and other reward measures across the economy. This regular bulletin keeps you and your team at the forefront of pay expertise and trends.
Pay remains high on the agenda for HR decision-makers, even as the economic and labour market backdrop changes in subtle ways. My viewpoint article considers these issues in detail, and our article on inflation forecasts examines the potential outlook for this important input. We also cover pay for apprentices and graduates, and shift patterns and premiums. Other topical areas addressed in this issue are the results of our survey of minimum pay rates across the economy, and the Government’s new guidance on ethnicity pay gaps. Hopefully the contents will be useful as you start thinking about 2024!