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
New laws requiring certain companies to publish the pay ratio between bosses and workers will be laid out in parliament today.
Employers are hiking up salaries in order to attract candidates amid severe staff shortages, according to the latest data from the Recruitment and Employment Confederation.
Take part in this XpertHR Benchmarking survey of graduate recruitment and starting salaries to receive the latest data on how your organisation compares.
Disabled workers earned on average £1.50 less an hour last year that those without a disability, which has pushed the disability pay gap to its highest level since 2013.
The table below summarises the latest pay settlements monitored by XpertHR.
Our first analysis of pay settlements including the key month of April 2018 confirms that the higher level of pay awards seen over the year so far has continued, with the headline award stable at 2.5%.
Updated to include the XpertHR pay settlement data for the three months to the end of April 2018. XpertHR will publish the next pay figures on 21 June 2018.
Prime Minister Theresa May has been urged to take action over an "array of deplorable decisions" that MPs say will see some Sainsbury's staff lose up to £3,000 a year.
HR and legal information and guidance relating to pay levels and awards.