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UK pay awards stay hot, some signs of 2024 cool-down : XpertHR - 2023-12-19

Pay awards from British employers remained at their highest sustained level in more than 30 years in the three months to the end of November but there were some signs they could cool slightly in 2024,. -December 19, 2023 at 07:01 pm EST - MarketScreener

United kingdomCity ofBen broadbentAndy bruceSheila attwoodDavid millikenMonday boe deputy governor ben broadbent

Wage growth expected to continue in 2024

According to data from XpertHR, the median pay award in the three months to November was six per cent, unchanged from the previous period.

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Pay deals 2023: median settlement closes at 6%

Pay deals 2023: The median basic pay award in the three months to November 2023 was 6%, for the eighth month in a row, according to XpertHR.

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National living wage increase: implications for employers

National living wage increase: some businesses have called the rise unsustainable. But should they be paying more anyway?

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Average August-October 2023 pay settlement returns to 6%

The average pay settlement returned to 6% in the three months to the end of October 2023, finds XpertHR.

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