A consultation has been published seeking views on how to introduce mandatory ethnicity and disability pay reporting for large employers (those with 250 or more employees).
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The limit on a ‘week’s pay’ and the various maximum employment tribunal awards will increase from 6 April 2025.
Various research bodies have published pay data for the three months to the end of January 2025, as well as forecasts for the year ahead.
The UK’s inflation rate in January 2025, as measured by the Consumer Price Index (CPI), was 3.0%.
Various research bodies have published pay data for the three months to the end of December 2024, as well as an early look at 2025 trends.
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