Editor's message: The pay and benefits offered by an employer will be one of the key factors employees consider when looking for work. In turn, an organisation's payroll is likely to be its biggest expense. It is therefore vitally important that employers plan their pay and benefits offer carefully.
For organisations needing to review and benchmark pay rates, XpertHR publishes a wide range of industry and occupational salary surveys, and provides easy access to inflation and other economic indicators.
XpertHR also collects and analyses pay settlement data, and in our latest analysis we look at the first pay awards of 2020. In addition, we regularly survey employers about their pay plans and forecasts to give subscribers an insight into what other employers are planning for the year ahead. Our latest findings show that employers expect pay settlements to remain subdued in the months ahead.
Sheila Attwood, managing editor, pay and HR practice
The Government has revealed further detail about its Coronavirus Job Retention Scheme, also known as the Furlough Scheme, and it is expected to be up and running by 30 April 2020.
Updated to reflect that the Government has published guidance on the Coronavirus Job Retention Scheme.
Chancellor Rishi Sunak has unveiled measures to support self-employed workers who have been hit financially by the coronavirus.
Updated to include information about the Coronavirus Job Retention Scheme and relevance for pay.
Updated to include information about the Coronavirus Job Retention Scheme and relevance for deductions from wages.
In April 2020 the national living wage will see its biggest ever increase. Here employers tell us what this means for their pay awards in the year ahead.
The table summarises the latest pay settlements monitored by XpertHR.
At the start of 2020 pay awards have fallen to their lowest level in more than a year, and employers tell us that they expect settlements to remain subdued through the months ahead.
Pay awards are showing signs of recovery after a dip at the turn of the year, but the median award is still below the level seen for most of 2019.
Each April, HR professionals must ensure that their organisation complies with the latest round of amended employment laws and deadlines. As well as dealing with the ongoing impact of coronavirus (Covid-19), important issues for HR in April 2020 include changes to written statements of terms and conditions, the introduction of parental bereavement leave and pay, and changes to the law on calculating holiday pay for workers with irregular hours.
HR and legal information and guidance relating to pay and benefits.