49% of UK organisations’ 2024 salary budgets were lower than the previous year
Employee Benefits
JULY 15, 2024
Three-quarters (75%) said their total payroll expenses, which include salaries, bonuses, variable pay and benefit costs, were higher than last year. Two-fifths (39%) of respondents reported having trouble attracting and retaining talent in 2024, dropping from 48% over the past two years.
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