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UK salary budgets expected to decline in 2024

Employee Benefits

Salary budgets for UK employees are expected to decline in 2024 after peaking this year, according to research by Willis Towers Watson. The global advisory, broking and solutions firm’s latest Salary budget planning survey found that UK employers are budgeting an average increase of 4.4%

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The top 10 most-read articles between 30 June – 6 July 2023

Employee Benefits

The top 10 most-read articles on www.employeebenefits.co.uk

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What will the top reward trends be in 2023?

Employee Benefits

Due to the struggle for talent and the rising costs of living , pay awards are expected to be higher next year than in recent years. Gallagher’s 2022 UK benefits strategy and benchmarking survey , published in November 2022, found that 49% of organisations were planning changes to their current benefits offering compared to 46% last year.

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