Source: IRS Employment Review Date: 23-03-2012 Publisher: IRS

Private sector pay forecasts for 2012: the XpertHR survey

TOPICS:
recruitment labour market and economy
pay and benefits pay levels and awards

SECTORS:
manufacturing (other)
services (other)

AUTHOR: Jo Doonar


Our pay forecast survey finds that many private sector employers are anticipating pay awards of just 2% during 2012. Factors including redundancies and pay freezes are not uncommon, although some organisations appear to be unaffected by the volatile economy.

On this page:
Audio: Private sector pay forecasts
The 2012 pay climate
Cutting paybill costs
Chart 1: Steps taken to limit or reduce paybill
Pay plans for 2012/13
Chart 2: Employers' pay plans for year ending February 2013
Another year of pay rises at 2%
Box 1: Summary of pay predictions
Smaller organisations continue to freeze pay
Spotlight on April 2012 pay deals
Influences on pay deals in 2012/13
Key upward influences
Key downward pressures
Balance of pay pressures
Chart 3: Key negotiation pressures for 2012/13
Changes to terms and conditions
Employers' views on the pay outlook
Chart 4: Employers' views on current and future pay decisions
Our research
Table 1: Employers' pay award predictions for the coming year, by sector
Table 2: Predicted influences on the 2012/13 pay round
Table 3: Predicted key upward and downward pressures on the 2012/13 pay round
Additional resources on XpertHR.

To read the rest of this article you must login

Existing users login here Existing Users

Other access problems
Email help desk or call: 0845 671 1110

Request a Demo Learn More about XpertHR

To view the full article request a demo today

XpertHR is the leading online resource for employment law, HR good practice and benchmarking.

Let us show you how your organisation could save time and money with XpertHR.









This Item: