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
Pay awards have risen at the start of 2019, but do employers expect to maintain these higher settlements as the year progresses?
We present our findings on the level of pay awards in the first couple of months of 2019, as well as look ahead to what we can expect from pay setters over the remainder of the year.
The table summarises the latest pay settlements monitored by XpertHR.
Updated to include the XpertHR pay settlement data for the three months to the end of February 2019. XpertHR will publish the next pay figures on 25 April 2019.
Updated to include information on the forthcoming Sickness absence rates and costs survey.
The Low Pay Commission consults on the national minimum wage to assist it in compiling its report for the Government on future upratings of the national minimum wage.
Updated to reflect that the Low Pay Commission has published a consultation seeking evidence to inform its 2019 report.
Every April, HR professionals are faced with a raft of amended employment laws and deadlines for their organisation to meet. Important issues in April 2019 include changes to the law on payslips and the usual increases to the national minimum wage, maternity pay and redundancy payments. Large employers should also be working on their second gender pay gap report and their latest modern slavery statement. Meanwhile, the impact of Brexit on EEA nationals continues to be a major issue.
HR and legal information and guidance relating to pay levels and awards.