Uk Average Salary Increase 2024. Measures of employee earnings, using data from the annual survey for hours and earnings (ashe). A survey of uk employers by reward management consultancy paydata found that employers are expected to scale back their pay awards slightly in 2024 as inflation falls.
According to our annual pay planning. The median expected basic pay increase in the private sector has fallen from 5% to 4% since the last quarter while pay expectations in the public sector have fallen further from 5% to 3%.