Turning Point HR Solutions

📣 We're thrilled to announce the launch of 𝗢𝗿𝗯𝗶𝘁𝗣𝗿𝗼™ 𝗘𝗻𝘁𝗲𝗿𝗽𝗿𝗶𝘀𝗲, our latest software that empowers HR teams to take their Job Evaluation process to the next level. 🚀 𝗢𝗿𝗯𝗶𝘁𝗣𝗿𝗼™ 𝗘𝗻𝘁𝗲𝗿𝗽𝗿𝗶𝘀𝗲 offers cutting-edge tools, specifically designed to help you work smarter and more efficiently. Our new solution takes the core principles that made 𝗢𝗿𝗯𝗶𝘁𝗣𝗿𝗼™ successful and layers on enhanced functionality to ensure you remain competitive and agile in your Job Evaluation and Salary Benchmarking requirements. Say hello to: ✅ 𝗔 𝗯𝗿𝗮𝗻𝗱-𝗻𝗲𝘄 𝗤𝘂𝗲𝘀𝘁𝗶𝗼𝗻 𝗧𝗿𝗮𝗶𝗹 𝗳𝗲𝗮𝘁𝘂𝗿𝗲 𝗳𝗼𝗿 𝘀𝗶𝗺𝗽𝗹𝗶𝗳𝗶𝗲𝗱 𝗝𝗼𝗯 𝗘𝘃𝗮𝗹𝘂𝗮𝘁𝗶𝗼𝗻 ✅ 𝗥𝗲𝗳𝗶𝗻𝗲𝗱 𝘃𝗶𝘀𝘂𝗮𝗹 𝗱𝗲𝘀𝗶𝗴𝗻 𝗮𝗻𝗱 𝗲𝗻𝗵𝗮𝗻𝗰𝗲𝗱 𝗨𝗜 ✅ 𝗠𝗼𝗿𝗲 𝘀𝗮𝗹𝗮𝗿𝘆 𝘁𝗿𝗲𝗻𝗱𝘀 𝗱𝗮𝘁𝗮, 𝗯𝗲𝘁𝘁𝗲𝗿 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 ✅ 𝗨𝘀𝗲𝗿-𝗳𝗿𝗶𝗲𝗻𝗱𝗹𝘆 𝗲𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲 ✅ 𝗜𝗺𝗽𝗿𝗼𝘃𝗲𝗱 𝗶𝗻-𝗮𝗽𝗽 𝗵𝗲𝗹𝗽 𝗮𝗻𝗱 𝗴𝘂𝗶𝗱𝗮𝗻𝗰𝗲 ✅ 𝗖𝗼𝗺𝗽𝗿𝗲𝗵𝗲𝗻𝘀𝗶𝘃𝗲 𝗿𝗲𝘃𝗶𝗲𝘄 𝗰𝗮𝗽𝗮𝗯𝗶𝗹𝗶𝘁𝗶𝗲𝘀 ✅ 𝗙𝘂𝗹𝗹 𝘀𝗰𝗮𝗹𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝘁𝗼 𝗺𝗲𝗲𝘁 𝘆𝗼𝘂𝗿 𝗲𝘃𝗼𝗹𝘃𝗶𝗻𝗴 𝗻𝗲𝗲𝗱𝘀 Make your Job Evaluation and Salary Benchmarking work better for you with 𝗢𝗿𝗯𝗶𝘁𝗣𝗿𝗼™ 𝗘𝗻𝘁𝗲𝗿𝗽𝗿𝗶𝘀𝗲. Find out more and schedule a demo: https://lnkd.in/eKF86mF9 #HRsoftware #Payandreward #rewardstrategy #salarybenchmarking #jobevaluation #TurningPointHR

The latest labour market data published this week from the Office for National Statistics (ONS) shows mixed results as UK wage growth continues to rise but job vacancies decline again, indicating an ongoing tight jobs market. ➡️ UK unemployment rate increased to 4.4%, the highest in nearly four years. ➡️ Employment rate down to 74.8%, with a slight quarterly decline. ➡️ Annual growth in average weekly earnings for both regular (excluding bonuses) and total earnings (including bonuses) was 5.6%, up from 5.2% in the three months to October. ➡️ Annual growth in real terms, adjusted for inflation, was 2.5% for regular pay and 2.4% for total pay. ➡️ Annual average regular earnings growth for the private sector was 6%. ➡️ Public sector pay growth was 4.1%. ➡️ Job vacancies fell for the 30th consecutive period, falling by 24,000 on the quarter to 812,000 in October to December. As with all the data we are presented with, the key questions for our clients are: What does this mean for our business? How will our employees perceive wage uplifts? And, how much can we afford in a sustainable fashion, while factoring in the rise in Real Living Wage (RLW), National Minimum Wage (NMW), and National Insurance costs? The answers vary dependent on sector. Care and hospitality have more to factor into their considerations than banking and finance. Our specialist team are here to help you manage the economic impact on your pay structure and share our expertise to support you in creating an equitable, sustainable and attractive reward offering. Contact us at info@turningpointhr.com #LabourMarket #UKEconomy #payandreward

At Turning Point, we are proud of the close, long-term partnerships we build with our clients. 🤝 This testimonial reflects what we strive for: A truly personal approach that focusses on adding real value through the provision of trusted data and actionable insight. If you're looking for support with any aspect of your pay and reward strategy, we’re here to help. 📩 info@turningpointhr.com 📞 +44 (0)203 4752270 #Testimonial #payandreward #rewardconsultants #salarybenchmarking #clientfocus #partnership #housingsector

🚨 Is your organisation ready for 2024/25 Gender Pay Gap Reporting? 🚨 With the reporting deadlines fast approaching, it’s crucial to understand your legal requirements and ensure compliance. Our latest blog breaks down everything employers need to know: ➡️ What is the gender pay gap and how is it different from equal pay? ➡️ Legal requirements for employers with 250+ employees ➡️ Reporting deadlines & snapshot dates for 2024/25 ➡️ Key data you must report ➡️ The benefits of voluntary reporting ➡️ How Turning Point can help simplify your reporting process Read the full article here: https://lnkd.in/eD7EgVjz #GenderPayGap #EqualityInTheWorkplace #GenderEquality #DiversityAndInclusion #genderpaygapreporting #payandreward #rewardconsultants #TurningPointHR

As organisations navigate an increasingly complex business landscape, reward strategies are facing heightened scrutiny and pressure. This year in particular, many organisations need to do more with less, save money in the pay and benefits space, and provide benefits which are lower in cost but higher in perceived value. Proactive and strategic planning can help organisations manage these challenges effectively. Our latest blog explores the importance of a well-thought-out reward strategy and offers simple steps to create one that: 💰 Is affordable; 🧡 Aligns with your culture and what your employees value; 🚀 Inspires a motivated and high-performing workforce. Read in full here: https://lnkd.in/eiewxFKk #RewardStrategy #PayAndReward #CompensationAndBenefits #EVP #rewardconsultants #TurningPointHR

Start 2025 with smarter pay and reward decisions. 💡 📊 Access our live, trusted global remuneration data. 💡 Leverage our specialist market knowledge. 🤝 Benefit from our decades of pay and reward experience. At Turning Point, we’ll help drive your growth by empowering you with the right data to build the best reward strategy for your business and people. Our approach to reward consultancy is unlike any other. Our skilled team, bespoke support, and best-in-class software are built on decades-deep expertise and thought-leading insight. We’ll help you be at the forefront of competitive, transparent pay and reward in 2025. Find out more about who we are in our video below and on our website: www.turningpointhr.com #PayandReward #RewardStrategy #RewardConsultants #TurningPointHR #HappyNewYear

Merry Christmas from everyone at Turning Point! 🎄🎁 As the festive period begins, we wanted to wish you all a wonderful Christmas and New Year. It's been a fantastic year supporting our clients to achieve their pay and reward goals, and our teams will be enjoying a well-deserved break. Our offices will be closed from midday on Monday 23rd December and reopen on Friday 3rd January. We hope you enjoy the festive season and wish you all a bright and happy New Year. 🧡

The latest labour market data from the Office for National Statistics (ONS) shows that UK wage growth has risen for the first time in more than a year, but signs point to an ongoing cooling off in the jobs market amid mounting uncertainty following recent Budget measures. ➡️ UK unemployment rate remained unchanged at 4.3%. ➡️ Employment rate slightly up in the latest quarter to 74.9%. ➡️ Annual growth in average earnings for both regular (excluding bonuses) and total earnings (including bonuses) was 5.2%. ➡️ Annual growth in real terms, adjusted for inflation, was 2.2% for both regular and total pay. ➡️ Annual average regular earnings growth for the private sector was 5.4%. ➡️ Public sector pay growth was 4.3%. ➡️ Job vacancies fell for the 29th consecutive period by 31,000 to 818,000. It’s an interesting dataset from the ONS who advise caution in interpretation - and we think rightly so, as this seems to be lagging with the reality of our client base in terms of actual and intended pay reviews for the next quarter (January 2025). We are seeing concern around headcount, spiralling employment costs and faltering investment impacting award decisions, resulting in a 2% to 3% range - significantly lower than this data set reflects. The employment market has slowed: we are in a second consecutive month of negative growth, and we await the April 2025 tax increases with trepidation. Our specialist team are here to help you manage the economic impact on your pay structure and ensure you have a flexible and sustainable strategy and framework in place that is right for your business and your people. Contact us at info@turningpointhr.com

Our Economic Outlook Reports for Q4 2024 are now available! Dive into the latest economic insights and analysis as we close out the year and look ahead to 2025. 📈 Click on the report below to view or download our Q4 UK economic overview. We also offer a quarterly economic report for the Housing sector. To receive this, or our full market overview, delivered straight to your inbox every quarter, sign up here: ➡️ https://lnkd.in/escxGmNC #EconomicOutlook #UKEconomy #UKmarketdata #UKhousingsector #payandreward #rewardconsultants #TurningPointHR

🚨 Confused about the difference between the Real Living Wage, National Living Wage, and National Minimum Wage? 🚨 ✅ Real Living Wage: Voluntary, based on the cost of living, and offering higher pay to benefit your employees and business. ✅ National Living Wage: Statutory for workers aged 21+, with an increase coming in April 2025. ✅ National Minimum Wage: Legal pay requirements for younger workers and apprentices, increasing in April 2025. We break it all down in our latest blog. Find out everything you need to know and why it’s crucial to stay compliant. 💡 Read in full here: 👉 https://lnkd.in/e24VYGYQ #LivingWage #MinimumWage #HR #PayStructure #UKWages #Compliance #PayandReward