Impact of National Living Wage passed on to customers, not staff

More employers have responded to the National Living Wage (NLW) by raising prices rather than cutting jobs

One in five wellness schemes will never include financial advice

Almost half (49%) of firms offer financial advice and education, but 18% have no plans to ever offer this

Average UK workers' savings would last just four months

Workers overestimate the amount of money the state would provide if they became unable to work

The Lifetime Savings ISA: What HR directors need to know

The Lifetime ISA could soon be playing a big role in your benefits strategy. Here's what you need to know

Graduates facing lower pay and fewer positions

Graduate pay took a hit in April, with the average advertised entry-level salary falling to £23,309

Cable: Make it a requirement for companies to consult workforce on pay

Vince Cable said the government should require companies to consult their workforces on pay packages

Workers unlikely to see a pay rise for a decade

Many workers are unlikely to see a significant rise in the real value of their pay until the end of this decade

Underperforming managers still given bonuses

The number of managers receiving bonuses has also increased over the past year, from 54% to 57%

SMEs suffering 'brain drain'

Around 450,000 people employed at SMEs switched positions each year in the past five years

A third of companies lack gender pay gap data

Just under two-thirds (63%) have already taken action to prepare for the new reporting legislation

41% of workers expect a pay rise this year

There was a divide in expectations along gender lines, with men more confident of a raise than women

Employees believe they must switch jobs for a pay rise

More than half (57%) of UK employees believe they must switch companies to see changes in their pay and reward