Inflation

With UK workers facing a cost of living crisis, and employers able to only offer so much in the way of pay increases, how might organisations help wages go further?

A poll by recruiter Randstad UK suggested that more people than expected would accept exercising more restraint when it came to wages.

In the last week of February there were around 1.82 million active job adverts in the UK – up by 8.6% from the previous week and by 41.5% from a month earlier.

Rail commuters face misery today (1 March), as the highest train fare rises for nine years take effect while London’s Underground network is crippled by a strike.

The Home Office's recommendation for 2022-23 is a rise of a minimum of 2% – a figure the PFEW says is unacceptable.

Pay rises are set to hit new records in 2022 in the face of tough recruitment conditions.

The cost of living has increased by 5.4% in the 12 months to December 2021, according to the consumer prices...

Inflation will have a greater impact on the labour market than Covid this year, according to recruitment site Totaljobs.

Its...

Inflation shot up to 5.1% in the year to November, leading to calls from unions and other bodies for greater...

Public sector pay settlements should not be determined by the current high inflation rate and should remain broadly similar with...

The consumer prices index measure of inflation soared to 3.2% in August, up from 2.0% in July, which could put upward pressure on wages.

Average pay awards still lie below inflation at 2%, according to data from HR and reward consultancy Paydata.

April, the busiest month for pay rises, sees most pay increases improve, but a jump in inflation could be cause for concern.

Nearly 900,000 public sector workers including teachers, doctors, police and prison officers will see their pay increase by up to...

Employers awarded a median 2.5% annual pay rise to staff in the three months to the end of May, according...