Source: IRS Employment Review Issue: 665 Date: 15/06/2007 Publisher: IRS

HR Prospects 2007: reward strategies, equal pay and pensions

TOPICS:
recruitment retaining staff
pay and benefits pay and grading systems
pay levels and awards
pensions
equal opportunities sex

SECTORS:
manufacturing (other)
public services

AUTHOR: Sarah Welfare


We look at the reward issues at the top of the agenda for HR professionals, finding that the public sector is leading the way on equal pay.

On this page:
Changing priorities
A look ahead
Reward strategies
Pensions
Pensions: changes in the pipeline
Public sector leads on equal pay
Equal pay review activity
Chart 1: Has an equal pay review or audit been carried out at your organisation?
Table 1: Changes made to reward over the past year
Table 2: What type of pension scheme(s) does your organisation currently offer to employees?
Table 3: Equal pay review activity by sector and organisation size

Key points

  • Bonus schemes, how the annual pay review is decided, pay progression and pensions are the areas where employers are most likely to have changed their approach over the past year, but reward strategies move to the top of the priority list for the coming 12 months.
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