CPI increase 5.1% over the 12 months – May 2022
CPI increase 5.1% over the 12 months – what does this mean for employee remuneration? The all-groups Consumer Price Index (CPI) measures household inflation and includes statistics about price change for categories of household expenditure. CPI is important when determining any remuneration increases as it reflects the increased cost of living to employees. Employers often […]