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
XpertHR's analysis of the latest pay awards for early 2018 reveals that the increase in levels seen last month is being maintained and that many employers are optimistic about the year ahead.
The table below summarises the latest pay settlements monitored by XpertHR.
Updated to include the XpertHR pay settlement data for the three months to the end of March 2018. XpertHR will publish the next pay figures on 24 May 2018.
Updated to include information on the forthcoming Sickness absence rates and costs survey.
Updated to take account of the General Data Protection Regulation, in force from 25 May 2018.
Updated to reflect the recently agreed new national pay scale, effective from 1 April 2018.
Updated to reflect the national minimum wage rates in force from 1 April 2018.
Updated to reflect the increase to national minimum wage rates, effective for pay reference periods starting on or after 1 April 2018.
HR and legal information and guidance relating to pay levels and awards.