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Innecto Winter Insights - January 2023

This quarterly report draws together the latest insights on pay and reward across various sources. It outlines the current analysis and future forecasts based on available data to support employers. 

Insights

Our Autumn 2023 Quarterly Insights are here!

12 October 2023

After a year of balancing budgetary pressures with the rising cost of living, the dust may finally begin to settle in 2024. However, whilst inflation rates are falling, it is still much slower than anticipated. Some organisations are also finding themselves wrestling with the knock-on impact of wage compression triggered by increases to the national living wage. Whilst others are continuing to fight for talent in key technical or specialist areas where skills are scarce.

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