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Source: IRS Employment Review Issue: 893 Date: 12/03/2008 Publisher: IRS

Pay awards continue to lag behind inflation at 3.5%

TOPICS:
recruitment labour market and economy
pay and benefits pay levels and awards
pay-related incentives/awards

AUTHOR: Michael Carty


The median pay award has held firm at 3.5% in the three months to 29 February 2008, according to our latest round-up of pay deals. But pay settlements remain below headline RPI inflation.

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