Although location, brand and benefits are all considered important in the decision-making process, salary often ranks highly as the ultimate deal-breaker.
Although considered a relatively controversial topic when applying for a job, having a clear understanding and realistic expectations of the salary you are likely to be offered is important when deciding whether a job is the right fit for you. If the numbers we are talking about here sound appealing to you — be sure to check out our jobs page and get in touch with us today.
Sound good? Find out here how to become an estate agent. The Office for National Statistics said average weekly earnings excluding bonuses in the three months to the end of July increased by 2. Total pay including bonuses picked up from 2.
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Regular pay growth was last higher than 2. Fewer people for companies to hire can help drive up demands for better pay and working conditions.
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However, economists warned the growth in pay remained below the levels seen before the collapse of Lehman Brothers a decade ago. They also suggested there could be trouble ahead for British workers because of Brexit uncertainty. Samuel Tombs, chief UK economist at Pantheon Macroeconomics, said that while the strongest pay growth was among people moving jobs, workers may be increasingly opting to stay put while the risk lingered of no deal with the EU.
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Incomes Data Research IDR was founded with the sole purpose of providing independent data on pay and benefits. Our services enable HR practitioners to make informed, intelligent decisions on pay, reward and HR policy and practice.
IDR collects salary reviews annually enabling us to continually monitor and analyse pay trends. Our database contains 10, salary records, covering job titles from around organisations, enabling robust and accurate market benchmarking.
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Our team collect data on employee benefits provision, covering a wide range of core and non-core benefits. IDR can provide bespoke, totally flexible and confidential pay and benefits benchmarking services, covering base pay, total reward and reward strategy. Our experts have the versatility to provide bespoke research and analysis on a wide range of pay and employment topics.
Pay Benchmarker will help you to ensure you are paying the right level of salary necessary to recruit, retain and motivate staff in your sector and region. It brings together all of the data collected by IDR with user-friendly functionality. Pay Climate provides the latest picture on pay awards across all sectors of the economy to enable pay practitioners to accurately assess the current climate on pay. Gain our insights on the key trends and developments in pay. Our specialist pay and benefits reports provide the data and commentary you need for key sectors and areas of reward.