Pay trends July 2024: Recent changes to national living wage keep pay awards close to 5%
Author: Hannah Mason
As we reach the halfway point of 2024, the median pay award has consistently remained below 5% in the year so far. The latest Brightmine analysis explores the impact of the recent national living wage rises on pay awards, as well as discussing how the proposals made by the new Labour Government may affect pay awards in 2025.
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