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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

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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

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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

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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

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Rise in NLW could drive job fulfilment, engagement and productivity

Rises to the National Living Wage (NLW) such as the increase on April 1st, are having a wider-than expected ripple effect on the lives of British workers, by increasing people’s job satisfaction and opportunities. A study asked workers over 27 years of age, who are paid the National Living Wage, how their jobs had changed since its introduction in April 2016.

Contributor: Reuben Singh | Published: 8 April 2018

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UK workers – £31 billion worth of unpaid overtime a year

UK workers gave their employers £31.2 billion of free labour last year by doing unpaid overtime, according to new analysis of official statistics published today (Friday) by the TUC. Today is the TUC’s 14th annual Work Your Proper Hours Day. Prior to this day, the average person doing unpaid overtime has effectively worked the year so far for free.

Contributor: Frances O'Grady | Published: 26 February 2018

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Real wages still falling

Wages are heading in the right direction, though the rate of growth is hardly jaw-dropping, and significantly still lags behind the rate of inflation. That means the consumer squeeze is still alive and well, and the pick-up in wage growth anticipated by the Bank of England is yet to materialise.

Contributor: Laith Khalaf | Published: 24 February 2018

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Advertised UK salaries improve annually for the first time since 2015

Average UK advertised salaries have posted a year-on-year increase since 2015. The 1.2% improvement in the year to November means the average advertised wage is now £32,598. However, while this represents light for job seekers after a period of stagnant salaries, this wage growth has yet to filter through.

Contributor: Doug Monro | Published: 11 January 2018

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Minimum wage 20th birthday sees growing gap

Minimum wage would now be a whopping £12.74 if it had kept pace with chief executive pay, GMB analysis shows. On the eve of the twentieth anniversary of legislation to introduce the national minimum wage - an investigation by GMB, Britain’s General Union, reveals how just far the statutory pay floor has fallen below company bosses’ pay packets.

Contributor: Tim Roache | Published: 10 January 2018