Pay levels and awards

New and updated

• Type:

  Economic data

  Average earnings

  Updated to include official earnings data from the ONS for November 2024. The next ONS release date is 18 February 2025. 

• Type:

  International

  Global minimum wage rates comparative table

  Enhanced to include information on the EU Directive on adequate minimum wages and updated to reflect changes to the minimum wage rates in Argentina, Brazil, Bulgaria, the Czech Republic, Germany, Ireland, Hungary, Luxembourg, Mexico, the Netherlands and Romania, effective from 1 January 2025. 

• Type:

  Editor's choice

  Coming soon

  Updated to include details of our upcoming webinar, which will discuss how organisations are navigating HR and reward priorities in 2025. 

• Date:

  6 January 2025

  Type:

  Commentary and insights

  Employment law 2025: Six key tasks for HR

  In 2025, HR professionals face the unique challenge of dealing with business-as-usual employment law changes, such as increases in statutory maternity, paternity and sick pay, while also beginning their preparations in earnest for the looming Employment Rights Bill. We look at what HR needs to do to meet its employment law obligations and prepare for the coming year

• Date:

  3 January 2025

  Type:

  News

  Cost of employing low-wage staff to hit record high

  The cost of employing low-wage workers will hit a record high in 2025, according to an analysis by the Centre for Policy Studies.

• Type:

  Editor's choice

  Survey analysis and Benchmarking data: The complete list

  Updated to include new benchmarking survey data on pay awards December 2024. 

• Date:

  19 December 2024

  Type:

  Survey analysis

  Pay trends December 2024: a look back at the year

  With 2024 coming to an end, we explore pay awards implemented this year and assess how settlements have varied across different sectors of the economy.

• Type:

  Economic data

  Pay awards

  Updated to include the Brightmine pay settlement data for the three months to the end of November 2024. Brightmine will publish the next pay figures on 22 January 2025. 

• Date:

  12 December 2024

  Type:

  Commentary and insights

  The impact of the NICs increase on 2025 pay reviews: Stories from HR

  The announcement of National Insurance Contributions (NICs) increases in the October Budget has had an impact on many organisations' 2025 pay rise plans. We look at the expected effect on pay award budgets.

• Date:

  9 December 2024

  Type:

  Podcasts and webinars

  Webinar: December 2024 pay and labour market update

  Our regular update of the economy, labour market and pay-setting environment will help organisations prepare for their 2025 pay and benefits reviews.