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British employers offer biggest increases in annual pay settlements since 2008

The Euronews reported, citing Reuters, industry data showed on Wednesday that British employers have offered the biggest increases in annual pay settlements since 2008 as inflation mounts but the raises are still lagging behind overall price growth.
Human resources data company XpertHR said that the median pay award in the three months to the end of January rose to 3%, a strong increase from 2% in the last three months of 2021 and the greatest since December 2008.
By comparison, data due later on Wednesday is expected to show that inflation held at a 30-year high of 5.4% in January
Sheila Attwood, pay and benefits editor at XpertHR, said: “Against the advice of Andrew Bailey, the Governor of the Bank of England, employers have sought to protect employees from bearing the brunt of a cost-of-living crisis that is expected to last until 2023.”

Bailey said on Feb. 3, shortly after the BoE raised interest rates for the second time in two months, that workers should rein in pay demands or risk a wage-inflation spiral, drawing criticism from unions and a rebuff from Downing Street.
XpertHR said only 7% of employees saw their pay frozen compared with around one third a year earlier.
UK employment hit and inflation eats into wages
The data, covering 101 wage reviews affecting over 171,000 employees, did not include the public sector where reviews are concentrated in the middle of the year. Public sector pay has been rising more slowly than that for the private sector.
Annual pay awards measured by XpertHR do not include pay rises due to promotions and shifts in the structure of the workforce.
A survey published on Monday showed employers expected to raise staff pay this year by the most in at least nine years with the median increase also standing at 3%.
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Official data published on Tuesday showed average weekly earnings across the economy rose by 4.3% in the last three months of 2021 compared with the same period of 2020, while basic pay excluding bonuses rose 3.7%.
Source: euronews
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BENEFIT Sponsors BuildHer...
- April 23, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has sponsored the BuildHer CityHack 2025 Hackathon, a two-day event spearheaded by the College of Engineering and Technology at the Royal University for Women (RUW).
Aimed at secondary school students, the event brought together a distinguished group of academic professionals and technology experts to mentor and inspire young participants.
More than 100 high school students from across the Kingdom of Bahrain took part in the hackathon, which featured an intensive programme of training workshops and hands-on sessions. These activities were tailored to enhance participants’ critical thinking, collaborative problem-solving, and team-building capabilities, while also encouraging the development of practical and sustainable solutions to contemporary challenges using modern technological tools.
BENEFIT’s Chief Executive Mr. Abdulwahed AlJanahi, commented: “Our support for this educational hackathon reflects our long-term strategic vision to nurture the talents of emerging national youth and empower the next generation of accomplished female leaders in technology. By fostering creativity and innovation, we aim to contribute meaningfully to Bahrain’s comprehensive development goals and align with the aspirations outlined in the Kingdom’s Vision 2030—an ambition in which BENEFIT plays a central role.”
Professor Riyadh Yousif Hamzah, President of the Royal University for Women, commented: “This initiative reflects our commitment to advancing women in STEM fields. We're cultivating a generation of creative, solution-driven female leaders who will drive national development. Our partnership with BENEFIT exemplifies the powerful synergy between academia and private sector in supporting educational innovation.”
Hanan Abdulla Hasan, Senior Manager, PR & Communication at BENEFIT, said: “We are honoured to collaborate with RUW in supporting this remarkable technology-focused event. It highlights our commitment to social responsibility, and our ongoing efforts to enhance the digital and innovation capabilities of young Bahraini women and foster their ability to harness technological tools in the service of a smarter, more sustainable future.”
For his part, Dr. Humam ElAgha, Acting Dean of the College of Engineering and Technology at the University, said: “BuildHer CityHack 2025 embodies our hands-on approach to education. By tackling real-world problems through creative thinking and sustainable solutions, we're preparing women to thrive in the knowledge economy – a cornerstone of the University's vision.”
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