Business conditions
HR is anticipating another challenging year as they play a key role in protecting the business in uncertain economic times by ensuring the right people are in the right roles, while also supporting employees sustainably through the cost-of-living crisis.
Pay settlements have risen to their highest levels for 30 years, but most still fall short of inflation. We look at how the pressure on living standards caused by the cost-of-living crisis means employers are looking at other levers to support employees.
In the face of a tight labour market and record high inflation, pay settlements have risen to their highest levels for 30 years. But with inflation easing and the economy faltering, we look at likely pay rises over the coming 12 months.
As the economy slowly recovers and the war for talent heats up, pressure on salaries is greater than it has been for several years. We examine the likely impact on pay award outcomes over the coming 12 months.
Our 19th annual survey of the HR function reports on key metrics for the profession, including the ratio of HR practitioners to employees and budgets for HR activities.
XpertHR surveyed organisations on workforce planning during the coronavirus (COVID-19) pandemic and found that, generally, employers remain confident in the overall business outlook for the year ahead.
The response of the HR community to the coronavirus (COVID-19) pandemic has been to put people first, while also supporting business continuity during exceptional circumstances. It is unsurprising then, that wellbeing tops the priority poll for the profession for the coming year, coupled with employee engagement.
The coronavirus (COVID-19) outbreak has seen pay awards fall during 2020. We examine the pay intentions of private-sector employers to see whether or not to expect a recovery in the coming year.
Survey analysis: HR and legal information and guidance relating to business conditions.
XpertHR® is part of the LexisNexis® Risk Solutions portfolio of brands.
The materials and information included in the XpertHR service are provided for reference purposes only. They are not intended either as a substitute for professional advice or judgment or to provide legal or other advice with respect to particular circumstances. Use of the service is subject to our terms and conditions.
View our privacy policy, cookie policy, supported browsers and access your cookie settings | your privacy choices
Copyright © 2023 LexisNexis Risk Solutions
© 2023 LexisNexis Risk Solutions.