49% of UK organisations’ 2024 salary budgets were lower than the previous year
Employee Benefits
JULY 15, 2024
Approximately 32,000 responses were received from employers across 168 countries worldwide, with 1,179 UK organisations responding. The findings revealed that overall salary budget increases are expected to rise by 4% in 2025, despite consistently declining since 2023, while the overall median pay rise for 2024 fell to 4.6%, compared 5.3%
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