The median basic pay award in the three months to November 2023 was 6%, the eighth month in a row.
Pay settlements
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Perceptions of equal pay vary between women at work depending on their position – with certain groups being more likely to take legal action.
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After it was announced the national living wage would go up by almost 10%, some businesses have called the rise unsustainable. But should they be paying more anyway?
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Pay growth slowed as vacancies continued to fall, December 2023 labour market figures from the ONS show.
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The first strike in Oxfam's history has been suspended while union members consider a revised pay offer.
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Supermarket Aldi has announced new pay rates that could make it the first retailer of its kind to pay all store and warehouse colleagues at least £12 an hour nationally.
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Years of wage stagnation have cost the average UK worker £10,700 a year in lost pay growth, a report has claimed.
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Ikea is set to award its salaried employees a 5% pay rise in 2024, as well as adopting the new Living Wage rates for its hourly-paid staff.
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Members of the RMT vote overwhelmingly in favour of a new pay offer for 2022-23, but strikes by Aslef train drivers are going ahead.
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Consultants pay offer could end strikes if union members vote for changes to pay structure for senior doctors in England.
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The average pay settlement returned to 6% in the three months to the end of October 2023, finds XpertHR.
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The Social Mobility Foundation says the class pay gap is more than £6,000 for those in professional occupations.
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Public sector pay to match private sector according to the CIPD’s Labour Market Outlook, which also analysed employer attitudes to AI.
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Inflation (CPI) falls from 6.7% to 4.6% in the year to October 2023 while RPI decreases from 8.9% to 6.1%, new data from the ONS show.
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The November 2023 labour market figures show growth in average earnings continues to outstrip inflation, but at a slower rate.