Pay and benefits
With the main bonus season of the year now behind us, we take a look at the popularity of this reward type and the typical payments made.
As well as helping employers to meet their statutory obligations, the provision of a workplace pension can be a valuable part of the reward strategy. Here we look at the different types of pension schemes offered by organisations, and the level of contribution for both employers and employees.
In the current tight labour market, a compelling benefits package can give an organisation the edge over competitors, helping to recruit and retain talent. XpertHR research looks at the most popular benefits and how they are delivered, benefits strategies and whether employees are involved in the choice of benefits offered.
A key staple of many benefits schemes, travel perks offered by employers can extend from company cars to cycle-to-work schemes, and from season ticket loans to overnight stay allowances.
Benefits that support the health and wellbeing of employees continue to be some of the most popular offerings among our survey respondents.
Most employees will be offered a package of different benefits and allowances to augment their salary. We look at some of the less common offerings away from pensions, health and travel perks.
This table summarises the latest pay settlements monitored by XpertHR.
Pay awards remain strong compared with historical levels but still firmly below inflation, XpertHR's latest analysis reveals.
The table below summarises the latest pay settlements monitored by XpertHR.
The XpertHR headline pay settlement for the three months to the end of April 2022 has hit the highest level seen for almost three decades.
Survey analysis: HR and legal information and guidance relating to pay and benefits.
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