Pay Climate & Insights
For keeping up to date with pay trends and monitoring the economy
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This issue features our special annual look at the year ahead, based on your responses to our survey of prospects for pay and conditions. The results show clearly that pay is right at the top of the agenda for reward specialists, who as usual will have to balance upward pressures from recruitment, retention and motivation on the one hand, and inflation on the other, with downward pressures from affordability in many cases.
Pay Benchmarker
Get access to the data behind the commentary by subscribing to Pay Benchmarker– a comprehensive tool that includes around 800 pay awards annually, plus 10,000 salary records across 200 job roles from approximately 1,800 companies, many of which are named. This platform is accessible online at any time and allows users to benchmark roles and view up-to-date pay award information.
Services
Applying the Employment Rights Act
The Employment Rights Act (ERA), which passed into law at the end of 2025, has been described by the Government as ‘the biggest single upgrade of employment rights in a generation’...
Gulf conflict likely to raise cost of living
Against the backdrop of conflict in the Persian Gulf, our panel of economists predict that inflation is likely to increase in the second half of this year, peaking in November at around 3.7% on the CPI..
Median pay award remains at 3.5%
The median pay award across the economy has remained at 3.5% for the three months to April 2026, according to our latest analysis. The proportion of higher-end awards worth 4% or more..