HRreview Header

Wages continue to fall, report finds

-

Wages continue to slipFor both permanent and temporary staff, wages have continued to slide, it has been found.

In the latest report on jobs by the Recruitment and Employment Confederation (REC), HR staff signalled that May starting salaries for people placed in permanent jobs fell at a "sharp pace".

At the same time average hourly pay for temps also fell last month.

Meanwhile, lower permanent and temporary staff appointments were also recorded during May. However, it was found the rates of decline eased to the weakest in ten and eight months respectively.

Kevin Green, chief executive of the REC, said the report shows "there are some signs of recovery".

"For example, 60 per cent of recruiters reported either a stable or increased demand for temporary staff in May," he added.

Meanwhile, the Institute of Employment Rights (IER) has urged employers to think about the long-term effects of cutting the minimum wage before they campaign for it.

Carolyn Jones, director of the IER, said such a move could have far-reaching economic implications, particular for private sector jobs.

Latest news

Turning Workforce Data into Real Insight: A practical session for HR leaders

HR teams are being asked to deliver greater impact with fewer resources. This practical session is designed to help you move beyond instinct and start using workforce data to make faster, smarter decisions that drive real business results.

Bethany Cann of Specsavers

A working day balancing early talent strategy, university partnerships and family life at the international opticians retailer.

Workplace silence leaving staff afraid to raise mistakes

Almost half of UK workers feel unable to raise concerns or mistakes at work, with new research warning that workplace silence is damaging productivity.

Managers’ biggest fears? ‘Confrontation and redundancies’

Survey of UK managers reveals fear of confrontation and redundancies, with many lacking training to handle difficult workplace situations.
- Advertisement -

Mike Bond: Redefining talent – and prioritising the creative mindset

Not too long ago, the most prized CVs boasted MBAs, consulting pedigrees and an impressive record of traditional experience. Now, things are different.

UK loses ground in global remote work rankings

Connectivity gaps across the UK risk weakening the country’s appeal to remote workers and internationally mobile talent.

Must read

Dr. Lynda Shaw: You shouldn’t need to pull a sickie to have a mental health day

Businesses need to stop penalizing employees when they legitimately take days off for the good of their mental health, and should even introduce ‘mental health home days’ to encourage loyalty, support and good communication in the workplace, according to cognitive psychologist and business neuroscientist, Dr Lynda Shaw.

Ian Davidson: Time and relative dimensions in reward

Introduction There is an old saying that a bird in...
- Advertisement -

You might also likeRELATED
Recommended to you