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Budget response on minimum wage

These changes, if confirmed, will likely come into effect from April 2022 and represent an increase of more than 5%; the third-highest annual rise since the financial crash in 2008.

Contributor: Kate Palmer - Peninsula UK | Published: 1 November 2021

National Insurance increase – what should HR do to prepare?

Some employees will be understandably upset about this but there is no obligation on employers to provide additional benefits or pay increases to cover the difference in net pay. Employers can make their staff aware that this was not a business decision, but a necessary step mandated by the Government.

Contributor: Kate Palmer - Peninsula UK | Published: 10 September 2021

Still no equity for female talent

Study from specialist Microsoft recruitment firm, Nigel Frank International, shows only one in four female tech professionals felt comfortable enough to ask their employer for a salary increase—showing there’s still a long way to go on the road to gender equality on the workplace.

Contributor: Zoë Morris, President - Nigel Frank International | Published: 17 June 2021

Wages to rise three percent on average in 2020

Chris adds: “When spotlighting the UK’s leading fintech unicorns, the income growth they have achieved over the past twelve months is phenomenal - increasing from a combined £77.1m to £177.6m revenue. That’s a revenue growth of 130% in just one year.” Such is the growth of the industry, that in 2019 job creation within the fintech space increased by 61% - making it the fastest growing sector in the London economy. And the benefits were not just felt in the capital, last year the fintech boom created an 18% uplift in job creation in regions outside of London.

Contributor: Chris Hickey, UK CEO - Robert Walters | Published: 19 January 2020

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Lower paid workers fear discussing mental health issues

Workers on lower salaries feel less comfortable talking to their employer about mental health. The research, which surveyed 3,000 UK employees, found that for those in the earnings bracket of £20,000 - £30,000 a year (into which the average UK salary falls), just two in five (40 percent) said they would be happy talking about mental health at work.

Contributor: Laura Matthews | Published: 23 November 2018

negotiating a pay rise negotiating a pay rise

Salaries rising at the fastest rate in three years

The IHS Markit/REC Report on Jobs – published today – provides the most comprehensive guide to the UK labour market, drawing on original survey data provided by recruitment consultancies. Staff appointments continue to rise strongly. Permanent staff appointments continued to rise at a robust pace, despite growth softening to a five-month low.

Contributor: Tom Hadley | Published: 10 June 2018

negotiating a pay rise negotiating a pay rise

Concerns surround “off payroll” working following consultation

Following the publication of an HMRC/HMT consultation on off-payroll working in the private sector, the Association of Professional Staffing Companies (APSCo) has reaffirmed its concerns around extending the public sector off-payroll rules. The trade body has also raised questions around how the Government’s independent research on the impact of off-payroll reform in the public sector.

Contributor: Unknown | Published: 27 May 2018

statistics statistics

Return to real wage growth, a quandary for BofE

How long it lasts given wage rises are, of course, in themselves inflationary is another matter. While tomorrow’s Consumer Price Inflation (CPI) figure is expected to have fallen again, the fall is forecast to be more muted than last month and there’s a chance that wage rises could mean CPI ticks up again later in the year.

Contributor: Jacob Deppe | Published: 24 April 2018

negotiating a pay rise negotiating a pay rise

UK employers believe they deserve a 36.8 percent pay increase

It’s safe to say that most of us would agree we’d like more pay and a few extra holiday days. So if it were up to us, and not our employers, how much more of each would we give ourselves? A survey found of 2,500 British workers on average, believe they deserve a not-insignificant 36.8 percent pay increase (£8,500.43 on top of their current average salary).

Contributor: Andrew Arkley | Published: 13 April 2018

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Just one-in-four set for a pay rise

Research by Robert Half UK reveals that on average, UK business leaders expect to give a pay rise to just one in four (26 percent) employees. One in 10 (11 percent) won’t be considered for an increase, while the remaining two-thirds (63 percent) face an uncertain future when it comes to their salary prospects.

Contributor: Robert Half | Published: 10 April 2018