Editor's message: Pay is the main building block of employee reward packages, and organisations will need to take the time to set salaries at the right level for their business. Guidance on appropriate salaries for job roles is likely to come from salary surveys, which provide information on market pay rates for similar roles and organisations.
The majority of organisations conduct a pay review each year, whether or not it results in a pay increase for employees. Organisations can ensure that they are keeping up with the market by reviewing the value of annual pay awards in other organisations, using pay settlement analyses.
When reviewing pay levels, you should bear in mind the level of the national minimum wage, which increases in April each year. Employers may also wish to conduct an equal pay review to ensure that their pay structures and rates comply with equal pay legislation.
Sheila Attwood, managing editor, pay and HR practice
Four out of five working people in the UK (80%) worry that inflation will outstrip their future pay, the RSA has warned.
More than a third of recruiters expect more employees to quit over the next 12 months - and almost half will do so because of their salary - according to a survey by job site Glassdoor.
The rising national living wage could leave some routine jobs at risk of automation, according to a report by the Institute for Fiscal Studies (IFS).
The table summarises the latest pay settlements monitored by XpertHR.
XpertHR's final look at pay trends in 2017 finds that pay awards have remained at a similar level all year.
Updated to include the XpertHR pay settlement data for the three months to the end of October 2017. XpertHR will publish the next pay figures on 25 January 2018.
The Financial Reporting Council consults on a revised UK code of corporate governance.
Budget fashion retailers Primark and Sports Direct have topped the latest list of employers to be named and shamed by the Government for failing to pay workers the national minimum wage.
A shorter, sharper code of corporate governance proposed by the Financial Reporting Council appears to confirm that that the Government has abandoned Theresa May's pledge to put workers in the boardroom.
HR and legal information and guidance relating to pay levels and awards.