Salary & Benefits Survey 2023/24

With many local businesses experiencing challenges trying to recruit locally, in order to maintain business growth. Addressing the local and regional skills gap remains one of the Chamber’s priorities as we continue to support businesses in the months ahead.

According to the Office for National Statistics, the number of payroll employees in September 2022 shows a monthly increase, up 69,000 on the revised August 2022 figures, to a record 29.7 million. Since February 2020, the number of payroll employees has increased by 730,000 and the overall number of payroll employees is well above pre-pandemic levels.

According to our latest Quarterly Economic survey for (Q3 2023), 57% of businesses struggled recruiting for roles such as skilled manual and technical roles which suggest the local labour market is in short supply.

Working in partnership with Hewett Recruitment, the Chamber of Commerce will once again produce the annual Salary & Benefits 2023/24 report. This report will benchmark the salaries and the benefits that company’s offer across the two counties in order to support businesses attract and retain staff. The report will include the minimum, maximum and average salaries of a variety of roles across the two counties. At a time when provisions for flexible working and annual leave allowance are as important to candidates as salaries, it has never been more crucial to compare the salary and benefits your business offers.

The Salary and Benefits 2023/24 report, in partnership with Hewett Recruitment, will launch at our HR Forum in February 2024. Click here to complete the survey.

If you have any questions regarding the survey, please contact the Policy Department via policy@hwchamber.co.uk