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- Date:
- 24 August 2023
- Type:
- Survey analysis
For the first time in 2023, preliminary settlement analysis from XpertHR indicates the median pay award has dropped below 6%.
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- Type:
- Survey analysis
At the halfway point in the year, pay awards remain high but continue to lag behind inflation, implying many employees are still facing a real-terms cut.
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- Type:
- Survey analysis
Latest pay settlement analysis from XpertHR indicates that the median basic pay award stands at 6% for the fifth consecutive rolling quarter.
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- Type:
- Survey analysis
XpertHR's latest analysis of pay settlement trends takes in April pay reviews, the most common month in the year for this activity. The data reveals no let-up in pay pressures, with the median standing firm on the level recorded in the first quarter of the year.
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- Date:
- 22 May 2023
- Type:
- Podcasts and webinars
XpertHR's Sheila Attwood looks at the first pay reviews for 2023 set against the economic and labour market background before looking at how organisations are helping employees with the cost of living.
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- Type:
- Survey analysis
XpertHR's headline measure of basic pay awards remains unchanged in the three months to the end of March 2023, with April settlements likely to follow suit.
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- Type:
- Survey analysis
In early 2023 pay awards reached a 32-year high on the back of a tight labour market and cost-of-living crisis. Our latest survey looks are how organisations are planning to compensate their workforce this year.
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- Type:
- Survey analysis
XpertHR's headline measure of basic wage awards remains at 6% over the three months to the end of February 2023.
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- Type:
- Survey analysis
XpertHR's headline measure of basic pay awards has risen to 6% over the three months to the end of January 2023, one percentage point higher than in the previous rolling quarter, reaching a 32-year high.
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- Type:
- Survey analysis
As 2023 dawns it appears likely that pay awards will continue to lag behind inflation over the next 12 months, with the resulting cut in real wages set to hit employees hard.