Statistics

Despite holding at the highest recorded level since September 1992, pay awards continue to fall short of soaring inflation, now lagging 5.1 percentage points behind the latest Consumer Price Index, which stands at 9.1% (May 2022).

Inaction could lose the UK almost the equivalent of the entire defence budget – or two Elizabeth Lines – annually

The pandemic caused vast numbers of cancellations to flights as well as huge numbers of workers leaving the industry.

This period of slowed growth isn’t entirely unexpected.

Job boards have hiked their fees significantly, with recruiters up in arms.

The CIPD is urging employers to continue to develop and embed new ways of working and ensure all workers, regardless of where they work, are treated and rewarded fairly and consistently

The UK is the third most attractive place to work in Europe and experienced a stronger “brain-gain” than other major economies

Latest CIPD Good Work Index shows the importance of considering job quality in the round, noting that pay is not a ‘silver bullet’ for keeping staff

Last week the number of active job adverts across the UK hit a record high for 2022, according to the Recruitment & Employment Confederation (REC)’s latest Labour Market Tracker. There were around 1.69 million active job adverts in the week of 6-12 June. This was 6% more than the previous week and 5% up from a month earlier.

But it's more popular in the South than the North.