XpertHR

Compensation & Benefits

Forecast indicates almost half of 2024 pay awards will be below last year’s, finds XpertHR

The latest pay forecast data from XpertHR predicts the median basic pay award in 2024 will be 4%, down two percentage points on the median in 2023, which was the highest recorded level for 32 years.

Compensation & Benefits

First pay settlements of 2024 see median award fall to 5.1% as UK falls into recession, finds XpertHR

The latest pay settlement data from XpertHR shows that the median basic pay award for the three months to the end of January 2024 is 5.1%, down from 6% in the previous rolling quarter.