Technology retailer Currys has announced a 5.2% base pay increase for hourly paid staff, in response to rising living costs.
Pay settlements
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Total Jobs has found that essential workers are twice as likely as other employees to have handed in their notice in recent months.
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John Lewis Partnership has reinstated its staff bonus as its losses narrowed and its department store chain achieved the highest sales in its history.
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Four-fifths of jobseekers are less likely to apply for a job if they can’t see a salary, research found.
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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?
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A poll by recruiter Randstad UK suggested that more people than expected would accept exercising more restraint when it came to wages.
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Staff at the Financial Conduct Authority are set to see their base pay increase by an average of more than 12% over the next two years.
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The Home Office's recommendation for 2022-23 is a rise of a minimum of 2% – a figure the PFEW says is unacceptable.
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Asda bosses have been strongly criticised for ‘forcing a real terms pay cut’ on its near 150,000 retail workers.
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The governor of the Bank of England has appeared to backtrack on his comments that employees should not ask for pay rises in order to curb inflation.
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Around 6,000 warehouse staff, clerical workers and HGV drivers based at Asda distribution centres have voted to take industrial action over pay.
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Thousands of Marks & Spencer shop floor staff will see their base pay increase to at least £10 an hour in April
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Pay awards have seen their biggest increase in more than a decade, according to the latest analysis.
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Thousands of Airbus workers at its factories in North Wales and Gloucestershire have voted to strike in a dispute over pay.
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Official statistics show that average pay continued to creep up in December, as employers fought for talent amid yet another record number of vacancies.