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.
Just as we hope that the summer weather continues into autumn, we hope that prospects for pay-setting will improve. With inflation coming down, there are some signs that this is indeed the case, but also indications that difficulties in some areas – notably retention – could persist. This is a major theme of the findings of our annual pay planning survey, which dominates this issue. And it’s a topic that pops up in the public sector as well. Hopefully these two articles, along with our regulars on the state of play with respect to pay awards, and forecasts for inflation – plus the Datacheck series on average earnings, inflation and the labour market – will help you as you move to finalise decisions on pay for 2024. And don’t forget our online conference on 14 September either!
