Salaries in Q1: A look at the latest market trends in pay and reward

Salaries in Q1: A look at the latest market trends in pay and reward

TwentySix from A to Z is our new series of free webinars. In our opening session in May, we discussed the latest market trends in pay to give our clients actionable insight on salaries, and how to address the recruitment and retention difficulties of the past 12 months. Now we’d like to publish some of those benchmarking insights here too.

What’s the Economic and Labour Market Context for Q4?

What’s the Economic and Labour Market Context for Q4?

It is clear that a whole range of factors (some global, some UK-specific) have contributed to a somewhat volatile and vulnerable economic context, which in turn has impacted the labour market. Figures released in mid-November by the Office for National Statistics (ONS) show CPI at 11.1% with CPIH (the Government’s preferred measure, which includes housing costs) at 9.6%. RPI (no longer widely used by the Government) sits at 14.2%.