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The 2024 Herefordshire & Worcestershire Salary & Benefits Report

How does your business' Salary and Benefits offering compare to others across Herefordshire & Worcestershire?

Ever wondered what local firms offer their employees in terms of salary and benefits packages? At a time when many are struggling to recruit, it has never been more crucial to compare the salary and benefits your business offers to ensure you are able to attract and retain the talent your business needs.​

The 2024 Salary & Benefits Report will allow your business to benchmark your offering against your competitors and see how others are reacting to a change in attitude from employees. The report includes information on the salary packages of different roles over a variety of sectors, it also provides a comparative look on the changes of hybrid and flexible working businesses have adapted to. This year, the data is particularly strong as we had well over 350 local businesses contribute their data, making it extremely robust and highlighting the value the report brings to the local business community.

Sharon Smith, Chief Executive of Herefordshire & Worcestershire Chamber of Commerce, said:

“Businesses are currently operating in a difficult labour market. The competitive labour market is impacting business's ability to invest and grow. Addressing the local and regional skills gap remains a priority. This report will benchmark the salaries and benefits that businesses in Herefordshire and Worcestershire offer and will hopefully be useful to you and your business."

Laura Hewett, Owner & Director of Hewett Recruitment, said:

Over the past 12 months, the labour market has seen a marked slow-down in hiring, both in Temporary and Permanent positions. The recruitment industry has long been seen as a reliable barometer for what is happening in the economy as hiring intentions are such a strong indicator of business confidence. In the period since Covid restrictions were eased there has been a significant and sustained increase in demand, driven by businesses’ recovery from the pandemic and various other factors such as the impact of Brexit and growth in the number of economically inactive people. However, it finally feels like the labour market is settling back into some kind of balance as employers continue to hire, but at a more cautious pace, and candidate availability finally begins to
improve.