{"id":6564,"date":"2024-05-23T11:09:46","date_gmt":"2024-05-23T11:09:46","guid":{"rendered":"https:\/\/www.brightmine.com\/uk\/?post_type=resources&#038;p=6564"},"modified":"2026-10-16T14:04:42","modified_gmt":"2026-10-16T14:04:42","slug":"pay-awards-rise-to-4-point-9-percent","status":"publish","type":"resources","link":"https:\/\/www.brightmine.com\/uk\/resources\/total-rewards\/pay-trends\/pay-awards-rise-to-4-point-9-percent\/","title":{"rendered":"Pay awards rise to 4.9% but remain under median basic rate over previous 12 months"},"content":{"rendered":"\n<div class=\"wp-block-group alignfull has-primary-white-background-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-f85887e8 wp-block-group-is-layout-constrained\" style=\"border-radius:25px;padding-top:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30)\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-929090b5 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:70%\">\n<p class=\"wp-block-paragraph\">by <strong>Brightmine<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><em>The latest Brightmine data reveals the median basic pay award in the three months to the end of April 2024 was 4.9%, up from the revised figure of 4.6% recorded in the previous rolling quarter<\/em><\/li>\n\n\n\n<li class=\"\"><em>Over the 12 months to the end of April 2024, the median basic pay settlement stands at 5%, the lowest figure in over a year<\/em><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The latest data from Brightmine (formerly XpertHR) shows the median basic pay award in the three months to the end of April 2024 was 4.9% &#8211; 0.3 percentage points higher than the previous rolling quarter.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With April being the busiest month of the year for pay reviews, this latest dataset provides an indication of what the pay landscape might look like for the remainder of 2024.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The latest rolling quarter figure falls slightly below the median basic pay settlement for the 12 months to the end of April 2024 (5%) suggesting deals in the last few months have remained consistently lower than 2023 awards. However, with measures of inflation continuing to decline, we have entered a period in which the median pay award over the past year stands 1.8 percentage points higher than March\u2019s consumer prices index (3.2%).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sheila Attwood, Brightmine senior content manager, data and HR insights, comments: \u201cWe have seen a noticeable drop in the level of pay awards since last year \u2013 from 6% in 2023 to just under 5% in the first quarter of 2024. However, we are now noticing some stability, as the first April settlements are also centred on this level.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe are continuing to see a minority of organisations offering different awards to different groups of employees, typically based on salary, indicating that measures to help the lowest paid with the cost of living have not completely disappeared.\u201d<\/p>\n\n\n\n<h2 id=\"h-latest-rolling-quarter-findings\" class=\"wp-block-heading\">Latest rolling quarter findings<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Based on 102 pay settlements that came into effect in the three months between 1 February and 30 April 2024, covering 355,064 employees, Brightmine found:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\"><strong>Interquartile range narrows.<\/strong> The middle 50% of basic pay deals stand close together, falling between 4% and 5.1%. This is the narrowest range seen since 2021, indicating there has been little variation in basic awards given across the whole economy.<\/li>\n\n\n\n<li class=\"\"><strong>One in 20 deals are pay freezes.<\/strong> Pay freezes made up around one in 20 (4.9%) of pay awards reported so far for the three months to the end of April 2024. Due to the low number of pay freezes in general, it is important to interpret this statistic with caution.<\/li>\n\n\n\n<li class=\"\"><strong>Half of deals lower than 2023.<\/strong> Based on a matched sample analysis, 52% of deals were worth less than the award given to the same employee group in 2023.<\/li>\n<\/ul>\n\n\n\n<h3 id=\"h-pay-review-pattern-whole-economy-april-2023-to-april-2024\" class=\"wp-block-heading has-medium-font-size\">Pay review pattern &#8211; whole economy, April 2023 to April 2024<\/h3>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"602\" height=\"349\" src=\"https:\/\/cdn.brightmine.com\/wp-content\/uploads\/sites\/2\/2024\/05\/23103016\/pay_trends_may_2024.webp\" alt=\"graph showing rolling analysis of basic pay for april 2023 to may 2024\" class=\"wp-image-6565\" srcset=\"https:\/\/cdn.brightmine.com\/wp-content\/uploads\/sites\/2\/2024\/05\/23103016\/pay_trends_may_2024.webp 602w, https:\/\/cdn.brightmine.com\/wp-content\/uploads\/sites\/2\/2024\/05\/23103016\/pay_trends_may_2024-300x174.webp 300w\" sizes=\"auto, (max-width: 602px) 100vw, 602px\" \/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column lnrs-hide-block-on-mobile is-layout-flow wp-block-column-is-layout-flow\" style=\"border-left-color:var(--wp--preset--color--secondary-gray);border-left-width:2px;padding-left:10px;flex-basis:30%\">\n<div class=\"wp-block-group has-global-padding is-layout-constrained wp-block-group-is-layout-constrained wp-container-1 is-position-sticky\">\n<div class=\"wp-block-group has-bleach-white-background-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-22a7c014 wp-block-group-is-layout-constrained\" style=\"border-radius:14px;padding-top:10px;padding-right:15px;padding-bottom:15px;padding-left:15px\">\n<h3 class=\"wp-block-heading\">Navigate HR complexity with confidence<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">With Brightmine, you can build powerful people strategies, implement best practices and set your organisation up for a brighter future.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Learn how our tools, resources and automation can empower you and your team.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"\/uk\/solutions\/?intcmp=cta|blog|solutions|learn-more\" style=\"border-radius:25px\">Learn more<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\" style=\"margin-top:var(--wp--preset--spacing--40);margin-bottom:var(--wp--preset--spacing--40)\">\n<p class=\"wp-block-paragraph\"><a href=\"#top\">Go back to the top<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group alignfull has-primary-white-background-color has-background 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Based on research spanning 261 &#8230;<\/p>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\n\t\t\t\t\n\t\t\t\t<div class=\"lnrs-resource-hub-widget__resource\" style=\"background-color: #f3f2f0\">\n\t\t\t\t\t<a href=\"https:\/\/www.brightmine.com\/uk\/resources\/total-rewards\/pay-trends\/pay-trends-2026-october-report\/\"><div class=\"lnrs-resource-hub-widget__resource_image\" style=\"background-image: url(https:\/\/cdn.brightmine.com\/wp-content\/uploads\/sites\/2\/2026\/10\/22151810\/hr-professional-reviewing-pay-trends-on-laptop.webp);\"><\/div><\/a>\n\t\t\t\t\t<div class=\"lnrs-resource-hub-widget__inner_content\">\n\t\t\t\t\t\t<div class=\"content-top\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"lnrs-resource-hub-widget__categories\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"lnrs-resource-hub-widget__category_wrapper\">\n\t\t\t\t\t\t\t\t\t\t<img decoding=\"sync\" src=\"https:\/\/www.brightmine.com\/wp-content\/plugins\/lnrs-resources-filter\/assets\/images\/category-flag.svg\" alt=\"\" class=\"lnrs-resource-hub-widget__category_icon\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"lnrs-resource-hub-widget__category\">Press releases<\/span>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<h3 class=\"title\" style=\"color: #00728B\"><a href=\"https:\/\/www.brightmine.com\/uk\/resources\/total-rewards\/pay-trends\/pay-trends-2026-october-report\/\">Pay trends 2026 | October Report<\/a><\/h3>\n\t\t\t\t\t\t<p style=\"color: #202526\">The median basic pay award rose slightly in the three months to September, although most settlements matched or &#8230;<\/p>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\n\t\t\t\t\n\t\t\t\t<div class=\"lnrs-resource-hub-widget__resource\" style=\"background-color: #f3f2f0\">\n\t\t\t\t\t<a href=\"https:\/\/www.brightmine.com\/uk\/resources\/hr-compliance\/pay-transparency\/do-perfect-pay-structures-exist\/\"><div class=\"lnrs-resource-hub-widget__resource_image\" style=\"background-image: url(https:\/\/cdn.brightmine.com\/wp-content\/uploads\/sites\/2\/2026\/05\/20165129\/person-attending-video-call-on-laptop-at-desk.webp);\"><\/div><\/a>\n\t\t\t\t\t<div class=\"lnrs-resource-hub-widget__inner_content\">\n\t\t\t\t\t\t<div class=\"content-top\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"lnrs-resource-hub-widget__categories\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"lnrs-resource-hub-widget__category_wrapper\">\n\t\t\t\t\t\t\t\t\t\t<img decoding=\"sync\" src=\"https:\/\/www.brightmine.com\/wp-content\/plugins\/lnrs-resources-filter\/assets\/images\/category-flag.svg\" alt=\"\" class=\"lnrs-resource-hub-widget__category_icon\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"lnrs-resource-hub-widget__category\">Webinars<\/span>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<h3 class=\"title\" style=\"color: #00728B\"><a href=\"https:\/\/www.brightmine.com\/uk\/resources\/hr-compliance\/pay-transparency\/do-perfect-pay-structures-exist\/\">Is there really such a thing as the perfect pay structure?<\/a><\/h3>\n\t\t\t\t\t\t<p style=\"color: #202526\">Pay structures are under more pressure than ever. Organisations are responding to requests to deliver greater transparency while &#8230;<\/p>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\n<\/div>\n<\/section>\n<\/div>\n\n\n\n<div class=\"wp-block-group alignfull has-primary-white-background-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-f1e3dc65 wp-block-group-is-layout-constrained\" style=\"border-radius:25px;padding-top:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30)\">\n<div class=\"wp-block-group has-global-padding is-layout-constrained wp-block-group-is-layout-constrained\">\n<h3 class=\"wp-block-heading\" id=\"h-topics-on-this-page\" style=\"font-style:normal;font-weight:500\">Topics on this page<\/h3>\n\n\n\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-7387b849 wp-block-group-is-layout-flex\">\n\n<div class=\"taxonomy-topic has-link-color wp-elements-5ec59eb01c09ec2f1d84a6b36973ff83 wp-block-post-terms\"><a href=\"https:\/\/www.brightmine.com\/uk\/resources\/total-rewards\/benchmarking\/\" rel=\"tag\">Benchmarking<\/a><span class=\"wp-block-post-terms__separator\">, <\/span><a href=\"https:\/\/www.brightmine.com\/uk\/resources\/total-rewards\/pay-trends\/\" rel=\"tag\">Pay trends<\/a><\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-cararra-gray-color has-alpha-channel-opacity has-cararra-gray-background-color has-background is-style-wide\"\/>\n<\/div>\n\n\n\n<h3 id=\"h-about-the-author\" class=\"wp-block-heading\" style=\"font-style:normal;font-weight:500\">About the author<\/h3>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-a903a136 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100px\">\n<figure class=\"wp-block-image size-full is-resized has-custom-border is-style-rounded\"><img loading=\"lazy\" decoding=\"async\" width=\"128\" height=\"128\" src=\"https:\/\/cdn.brightmine.com\/wp-content\/uploads\/sites\/2\/2024\/03\/12085308\/Brightmine_Favicon_128px.png\" alt=\"\" class=\"wp-image-313\" style=\"border-radius:25px;object-fit:cover;width:100px;height:100px\"\/><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>Brightmine<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With more than 10,000 customers, Brightmine is a leading global provider of people data, analytics and insight \u2013 empowering HR leaders to deliver brighter business outcomes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For more than two decades, Brightmine, formerly XpertHR, has continued to help HR leaders confidently navigate the evolving world of work through our unique combination of critical workforce data, AI-enabled technology and trusted HR expertise.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Brightmine is a division of LexisNexis Data Services within RELX\u00ae, a global provider of information-based analytics and decision tools. RELX serves customers in 180+ countries with 35,000+ employees. Ticker: London: REL; Amsterdam: REN; New York: RELX.<\/p>\n\n\n\n<p class=\"has-primary-black-color has-text-color has-link-color wp-elements-ad14550bb07010b79fc22eb0ca4e129e wp-block-paragraph\">Follow Brightmine on <a href=\"https:\/\/www.linkedin.com\/company\/brightmine\/\" target=\"_blank\" rel=\"noreferrer noopener\">LinkedIn<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>After a noticeable drop in the level of pay awards since last year, we are now noticing some stability&#8230;<\/p>\n","protected":false},"author":24,"featured_media":6566,"comment_status":"closed","ping_status":"closed","template":"wp-custom-template-new-resources","categories":[17],"tags":[],"topic":[26,43],"class_list":["post-6564","resources","type-resources","status-publish","has-post-thumbnail","hentry","category-press-releases","topic-benchmarking","topic-pay-trends"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.3 (Yoast SEO v28.4) - 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