Inflation in the year to October 2022 rose at a faster rate for low income households, with pay awards struggling to keep pace.
Inflation
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Reports suggest government will accept official recommendation for increase in the national living wage from April 2023.
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Investment managers have urged FTSE 350 businesses to rein in executive pay packets during the cost-of-living crisis, in order to...
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CIPD chief executive Peter Cheese has said that HR needs to play a role in developing responsible businesses during uncertain times.
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As the cost of living surges, a campaign group has launched a petition to get ethnicity pay gap reporting back on the government agenda.
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Almost a third of public sector key workers have considered leaving their profession or have already tried to leave, according to a poll.
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The latest annual survey of hours and earnings figures show a decline in real average weekly earnings despite nominal growth.
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Median pay rises are set to reach 5% in the 12 months to the end of August 2023, a level not seen since 1992, a report from XpertHR has forecast.
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Inflation in the year to September 2022 rose by 10.1%, up from August’s figure of 9.9%, continuing the pay challenge for employers.
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Rhiannon Byers, head of workplace programmes at The Money Charity, provides practical insights on the impact of financial wellbeing.
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The Conservative Party Conference in Birmingham this week has produced plenty of headlines about political infighting, but what about the policies?
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According to Mercer, executive pay in the FTSE 350 has returned back to near pre-pandemic levels, but investor activism and inflation suggest a tough year ahead.
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Employers may have welcomed some growth elements of the mini-Budget, but employees have been alarmed by talk of pensions failing, mortgages rising, pay stagnating and the inequality gap widening.
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'Millions' of UK workers have taken on multiple jobs or longer hours as living costs soar.
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CIPD resourcing report warns that offering better salaries is unsustainable and that flexibility and career development are increasingly important.