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Reward News

Pay awards ‘at lowest level since 2021’ as National Insurance increases approach

Pay awards ‘at lowest level since 2021’ as National Insurance increases approach

UK pay awards have remained at 3 percent for the third consecutive rolling quarter in February, according to new research - marking the lowest level since December 2021. The research was carried out by HR data and insights provider Brightmine. Employers are reducing...

UK pay awards hold at lowest level since 2021

UK pay awards hold at lowest level since 2021

The median basic pay rise for the three months to the end of January 2025 stays at 3 percent - the second consecutive rolling quarter at this level. The new data from HR data and insights provider Brightmine shows a continued slowdown in pay growth, with 3 percent...

Fighting the employee crisis with recognition and rewards

Fighting the employee crisis with recognition and rewards

Dissatisfied employees across the UK are actively looking for new job opportunities; with the upcoming increases in National Insurance contributions making it more difficult for employers to offer raises, recognition and rewards may just be the secret to employee...

Pay awards decline expected to continue in 2025

Pay awards decline expected to continue in 2025

New data from HR insights provider Brightmine shows a further decline in pay awards for the final quarter of 2024, with increases averaging 3.3 percent. This represents a continued downward trend from earlier in the year. The analysis, based on details from 12 pay...

Employers take action on key employee benefits

Employers take action on key employee benefits

As the Employment Rights Bill progresses through Parliament, employers are already taking steps to improve employee benefits, particularly in areas such as sick pay, paternity leave, and family-friendly provisions. The Maternity, Paternity and Parental Leave and Pay...

SMEs overhauling employee benefits amid economic pressures

SMEs overhauling employee benefits amid economic pressures

UK small and medium-sized enterprises (SMEs) are taking steps to revamp employee benefits packages in response to economic challenges, workforce health concerns, and talent retention pressures. According to the Employee Benefit Trends in UK SMEs report from Howden...

Reward Analysis

Noura Dadzie: Why is salary transparency so important for HR?

Noura Dadzie: Why is salary transparency so important for HR?

For HR professionals, securing top talent that fulfils the needs of the business is of prime importance. So surely one would do all they can to attract the best candidates? They would craft inspiring job descriptions: lay out great benefits, offer flexible working,...

Jon Rudoe: Council tax is going up: Why should HR care?

Jon Rudoe: Council tax is going up: Why should HR care?

It has been a tough couple of years for our household finances. And budgets are about to get tighter, as council tax increases are confirmed across England. Rates for band D properties (which are used as the baseline for other band rates) are rising by an average of...

Chris Ronald: Building benefits that last longer than bank holidays

Chris Ronald: Building benefits that last longer than bank holidays

Bank holidays are an entitlement for most employees and something to be grateful for and with the extra day off for the King’s Coronation, plus another bank holiday approaching - a four-day working week has become the reality for many this May, says Chris Ronald. But...

Dave Chaplin: Navigating Off-payroll one year on

Dave Chaplin: Navigating Off-payroll one year on

Dave Chaplin reflects on Off-Payroll one year on and speculates on the legislation and its impact on the future for hirers and contractors. April 6th marked the first anniversary of the Off-Payroll legislation, the reforms that were rolled out in the private sector...

Chris Lorigan: How technology could make staff happier

Chris Lorigan: How technology could make staff happier

Last year saw UK businesses hit by rising numbers of staff leaving their jobs voluntarily, writes Chris Lorigan, and many employers now face the prospect of more resignations and a hiring crunch. Almost 9 in 10 managers say their business has vacancies and more than...

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