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Source: IRS Employment Review Date: 20-08-2010 Publisher: IRS

Retail pay 2010: awards plummet but industry remains upbeat

TOPICS:
pay and benefits pay levels and awards

 SECTORS:
retail and wholesale

AUTHOR: Janet Egan


Against a backdrop of economic uncertainty and patchy consumer confidence, retail pay deals have been depressed despite an upsurge in headline inflation. Nevertheless, our latest review of bargaining trends sees some positive signs emerging in an industry badly hit by the recession.

On this page:
Sales and employment up
Where now for pay settlements?
Key findings from the IRS pay databank
Chart 1: Distribution of basic pay retail awards, 1 June 2009 to 31 May 2010
Bonus payments
Minimum wage
British Retail Consortium view
Skillsmart Retail's viewpoint
Usdaw's position
Table 1: Key retail pay awards, 2009-2010
Table 2: Full-time retail employees' hours and earnings, April 2009
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