Economy

UK pay rises have stalled at 4 percent in the third quarter of 2024, according to Brightmine, with further data suggesting that compensation will to continue to fall next...

Global employers are missing the mark on workforce pay effectiveness, with less than half delivering on core business objectives, research has revealed. A global employer survey, from WTW, examined...

Employers face a large tax bill if the chancellor levies national insurance (NI) on employer pension contributions and scraps "unfair" tax breaks on electric vehicles, in this month’s budget,...

Employer costs could rise dramatically if the government goes ahead with proposals to remove national insurance contribution pension relief, data analysis has found. Employers could face a £500 bill...

The nights are drawing in and mince pies have started appearing on the shelves, but while demand for festive season jobs is at a six year high, employer recruitment...

The vast majority of people have aspirations for a comfortable and leisurely retirement, but research has revealed these dreams will not be supported by current levels of financial planning...

Inflation fell by more than expected in September 2024, across both its key measures, raising hopes that the Bank of England (BoE) will cut interest rates next month (November)....

Mid-market businesses are increasing their investment in employee reward and benefits following the introduction of the Employment Rights Bill to parliament last week (10 October). The shift in investment...

Months of high inflation continues to hit people in the pocket as almost a quarter of the UK population have run out of money before ‘pay day’ at least...

With business resilience moving back up boardroom agendas, it’s time to ditch outdated, one-size-fits-all compensation structures, says David Ellis, head of strategic reward advisory at BDO. Instead, he advocates...