About the research The survey of 2,000 low and variable-income workers, among a sample of 500 UK employers, was compiled by financial wellbeing experts at workplace finance provider Wagestream in Q1, 2023.
| Published: 14 August 2023
Paying staff correctly is fundamental in ensuring a positive company culture, and protecting motivation, productivity and retention levels across the workforce.
| Published: 26 June 2023
Tim Kellett, Director at Paydata, explains the key findings: “We have been monitoring HR practices for over a decade through our survey. Pay levels have consistently tracked inflation at around two to three per cent. However, our spring survey reveals that those opting for higher pay levels are at an all-time high in the history of our UK Reward Management Survey. 37% will offer between four and five per cent in 2023, closely followed by 33% who will offer over five per cent, reflective of the sustained pressure of inflation.”
| Published: 23 June 2023
Just 51.5% of UK job ads disclose salary in April 2023, down from 61.4% in April 2022, to a 7 year low.
| Published: 21 May 2023
A comprehensive study by IT Recruitment Agency CV Screen has found that permanent IT salaries in the UK have risen by 13% over the last 12 months, with the average salary for an IT professional now £48,991.
| Published: 8 April 2023
A third of UK workers would prefer to be paid weekly, new research conducted by Indeed Flex, the online staffing platform for temporary work, has found. Workers preferring a weekly wage say it would help with budgeting, especially amid the cost of living crisis, as nearly one in three people regularly run out of money or dip into their bank overdraft between the 22nd and the 31st of each month, leaving them waiting uncomfortably for the next payday.
| Published: 3 March 2023
A fifth of UK businesses will not be raising wages this year as managers rein in recruitment and staffing budgets, according to new research from Indeed Flex, the online staffing platform for temporary work. Half of businesses have seen labour costs increase amid soaring wage demands in the face of high inflation, a quarter of firms plan to freeze hiring this year, and 58% of businesses said they will be turning to temporary workers to support their permanent teams throughout 2023.
| Published: 11 February 2023
Of the respondents; 59% of companies reported using salary ranges. Of these companies, only 24% publish them. Collected between 5 August and 9 September 2022, respondents were asked to submit data per country in relation to their pay review budget for 2022 and their forecasted pay review budget for 2023 as a percentage of base salary. Salary ranges The report breaks the data down by industry, identifying key differences between sectors. The education and public sector/non-profit sectors show the highest use of salary ranges at 86% and 88% respectively. Meanwhile, real estate/construction (36%) and logistics/distribution/ transportation (40%) are less likely to use them.
| Published: 20 January 2023
The ‘Agnew’ case being heard in the Supreme Court this week could have significant implications for how businesses approach holiday pay and historic claims of underpaid holidays
| Published: 17 December 2022
Employees in hospitality are paying unnecessary National Insurance (NI) contributions on their tips, according to new research conducted by IRIS Software Group (IRIS), in partnership with Censuswide. The research also found many employers could be liable for significant penalties around the way they handle tips and service charges.
| Published: 17 November 2022
