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Hachette UK announce ‘holistic review’ of salary and holiday entitlement alongside additional cost of living payment

Hachette UK has today announced a ‘holistic review’ of its starting salary and holiday benefits, as well as an exceptional pay review for certain levels within the business, a performance-related bonus, and an additional cost of living payment.

From 1 January 2023, Hachette UK’s starting salary for entry-level roles in publishing functions will
increase to £26,500 p/a in London and £23,850 p/a outside London. As a result of this increase, the
business has carried out an exceptional pay review, an investment of £2 million, to ensure the
percentage increase reaches beyond entry-level roles.

Hachette UK’s investment coincides with a performance-related bonus, which will be paid to all
eligible staff in December as well as a new and increased holiday entitlement of 28 days, rising to 29
days after 2 years of service and again to 30 days after 5 years.

In addition, and in response to the ongoing uncertain economic situation and the high inflation
environment, Hachette UK will make a non-consolidated cost of living payment of £1,000 in January
to all Hachette UK employees in the UK and Ireland, except its most senior team, applying to staff in
publishing and distribution equally. This is in addition to a total of £1,000 in cost of living payments
made over the past five months.

Lisa Waterman, Group HR Director at Hachette UK said: “We want to continue to attract the very
best talent to our business and our new starting salary ensures that we continue to make strides
with creating an inclusive workforce. As part of this holistic review, together with increasing our
starting salaries, it is also critical our current staff feel the impact of this exercise. We are committed
to supporting, retaining and investing in our talented staff – we know that our people are the most
valuable resource – so the exceptional pay review will impact certain levels within the business in
order to maintain salary differentials and recognise differences in role, levels of experience and
contribution. Our increased holiday entitlement is designed to ensure our staff have the space to
prioritise wellbeing and feel energised in life and at work.”