Topics

Pay and benefits

Sheila Attwood Editor's message: The pay and benefits offered by an employer will be one of the key factors employees consider when looking for work. In turn, an organisation's payroll is likely to be its biggest expense. It is therefore vitally important that employers plan their pay and benefits offer carefully.

For organisations needing to review and benchmark pay rates, Compensation Planning from Brightmine offers reward data on over one million UK employees across 25 different function groups, all located in a single platform, providing access to the most comprehensive reward data. HR & Compliance Centre also provides easy access to inflation and other economic indicators to help inform pay decisions.

Brightmine HR & Compliance Centre also collects and analyses pay settlement data, and our latest analysis looks at how organisations have fared over the first half of 2024. We also conduct regular surveys to get a clearer picture of what has happened to pay awards in UK organisations over the past year, the measures that influence pay settlement levels, and the outlook for pay awards over the year ahead. You can take part in our Pay forecasts and reward priorities for 2025 survey now (closing date: 13 September).

Sheila Attwood, senior content manager, data and HR insights

New and updated

  • Type:
    Economic data

    Average earnings

    Updated to include official earnings data from the ONS for July 2024. The next ONS release date is 15 October 2024. 

  • Type:
    Policies and procedures

    Allocation of tips policy

    A model policy to set out how your organisation deals with tips. From 1 October 2024, the Employment (Allocation of Tips) Act 2023 requires employers to have a written tips policy available to staff if qualifying tips are paid at, or are otherwise attributable to, a place of business, unless they receive tips only occasionally and exceptionally.

  • Type:
    Employment law guide

    The national minimum wage

    Updated to include information on the Low Pay Commission's policy paper on national minimum wage rates for 2025.

  • Type:
    Editor's choice

    Coming soon

    Updated to promote our upcoming survey on redundancy, and how you can participate. 

  • Type:
    International

    Global minimum wage rates comparative table

    Updated to reflect that "guaranteed" minimum wage rates no longer apply to employees in the private sector in the Czech Republic.

  • Type:
    Editor's choice

    Survey analysis and Benchmarking data: The complete list

    Updated to include new benchmarking survey data on recruitment.

  • Date:
    28 August 2024
    Type:
    Podcasts and webinars

    Podcast: Evolving your EVP to meet the needs of a multigenerational workforce

    Andrew Walker, new business development director with Personal Group, joins us to discuss the significant changes and trends shaping the future of work, and to explore strategies to evolve your employee value proposition (EVP) to meet the diverse needs of a multigenerational workforce.

  • Type:
    Employment law guide

    Basic pay and benefits

    Updated to include revised advisory fuel rates, effective from 1 September 2024. 

  • Date:
    22 August 2024
    Type:
    Podcasts and webinars

    Webinar: Optimising reward structures for fair pay decisions

    In this webinar our experts, Jennie Jakubowski and Swetha Viswanathan, touch on the theory before showing you in practice how the Brightmine solutions can help drive better compensation outcomes for your organisation.

  • Type:
    Economic data

    Pay awards

    Updated to include the Brightmine pay settlement data for the three months to the end of July 2024. Brightmine will publish the next pay figures on 26 September 2024. 

About this topic

HR and legal information and guidance relating to pay and benefits.