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Xpert HR Median Pay remains at 6% for third consecutive month

UK DATA
  • XpertHR median basic pay award in the 3 months to the end of December 2023 remained at +6% for the third consecutive month.
  • XpertHR believe “pay awards have peaked from last year, with more than half of 2024 deals expected to be lower than those awarded in 2023.”
  • Already some January 2024 pay deals are coming through, and the Xpert HR senior content manager said “almost half of January 2024 pay deals are lower than the same employees received a year ago.”

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