NI increase has not caused ‘knee-jerk reaction’ in pay awards

UK pay awards hold steady at 3% in first quarter

Stuart Gentle Publisher at Onrec 23 Apr 2025|News archiveUK pay awards hold steady at 3% in first quarter Despite UK GDP rising 0.5% in February, employers show restraint on pay decisions amid broader economic pressure.New data from Brightmine, the HR data and insights provider, reveals a consistent picture for pay awards in the first quarter of 2025, with the median pay award remaining at 3% for the fourth consecutive rolling quarter.   Despite…

NI increase has not caused ‘knee-jerk reaction’ in pay awards – Hoffeldt

Personnel Today Despite the recent increase in National Insurance contributions, data from Brightmine, indicates that a sharp drop in pay awards is unlikely in the near term. The post NI increase has not caused ‘knee-jerk reaction’ in pay awards appeared first on Personnel Today. Go to Source 23/04/2025 – 00:05 /Adam McCulloch SoMe: @hoffeldt.bsky.social

NI increase has not caused ‘knee-jerk reaction’ in pay awards

Despite the recent increase in National Insurance contributions, data from Brightmine, indicates that a sharp drop in pay awards is unlikely in the near term. The post NI increase has not caused ‘knee-jerk reaction’ in pay awards appeared first on Personnel Today.