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AUTHOR: Michael Carty
Our review of whole-economy pay trends between 2006 and 2008 finds that pay awards have not strayed far from the 3.5% benchmark level, but remain consistently below inflation.
On this page: The new 3.5% benchmark Our research Pay awards and inflation Chart 1: The link between pay and inflation, September 2006 to September 2008 Focus on pay and consumer prices index inflation Pay patterns Chart 2: IRS settlement analysis, September 2006 to September 2008 Sectoral trends Higher pay deals in 2008 Chart 3: The 2006/07 and 2007/08 bargaining rounds compared The IRS pay databank: key findings Just completed a pay review? Table 1: Whole-economy pay awards, September 2006 to August 2007 Table 2: Whole-economy pay awards, September 2007 to September 2008 Additional resources on XpertHR.
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