Pay settlements

A third of UK workers would prefer to be paid weekly to allow them to budget better for the rising cost of living, according to new research.

The average pay settlement reached 6% in the three months to January 2023 – a 32-year high.

The government has recommended a 3.5% pay increase for public sector workers in England for 2023-24. It will now be considered by independent bodies.

The Royal College of Nursing has suspended strike action next week after the health secretary said he would meet for “intensive talks”.

A record number of junior doctors have voted in favour of industrial action, which will see some 40,000 staff walk out for 72 hours.

Tesco store pay will increase by 7% - the third pay increase for this group of employees in the past 10 months.

HR professionals’ salaries have been ‘swamped’ by inflation, according to recruitment company Reed.
Like many sectors, wages for HR professionals...

Universities and trade unions have agreed to pay a proportion of the pay settlement for 2023-24 six months before the...

Nurses strikes escalate as the RCN warns that no health services will be exempt from the action scheduled for 1-3 March.

TUC general secretary Paul Nowak says the government is doing little to resolve the strikes, and HR is not equipped to deal with unions.

Inflation for Jan 2023 continues to grow at a rate of more than 10% despite slowing for the third month in a row.

The ONS says pay is failing to keep up with inflation, despite record settlements in the private sector.

Employers’ expectations of pay awards have risen to a new high of 5%, according to the latest Labour Market Outlook...

RMT rejects pay offers made by Network Rail and the train operating companies after consulting with its members.

Fire strikes announcement postponed after new pay offer tabled by employers.