Outlook video: pay prospects 2009
XpertHR's pay and benefits editor Sheila Attwood and group editor David Shepherd discuss forecasts for pay trends in 2009 and examine the main influences on remuneration, including continuing recession, competitive pressures, rising unemployment, falling inflation and the changing priorities of employers, employees and trade unions.
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More from XpertHR on pay trends and
prospects
XpertHR boasts an unrivalled selection of legal and practical guidance on all aspects of reward and benefits. To tie in with our latest pay outlook video, we highlight just some of the wide array of material on these topics available on XpertHR - ranging from a comprehensive review of pay prospects for 2008/09, through guidance on total reward and how to make reward reflect CSR considerations, to an overview of state-of-the-art practice on employee benefits.
Pay prospects for 2009
- Pay prospects 2008/09: Annual review of pay trends and prospects IRS presents its annual review of pay trends. We examine pay settlement patterns over the past year and present the findings of our major survey of private sector employers on pay prospects for 2008/09. These resources will provide everything you need to prepare for your organisation's 2009 pay review.
- Economic outlook: Falling inflation and slow growth IRS examines the current widespread economic uncertainty and the ongoing deterioration of credit conditions, and look at forecasts for the key economic indicators of interest to pay setters.
- Economic indicators XpertHR allows you to browse the latest economic and labour market statistics, including up-to-date figures for inflation and average earnings.
- Pay awards overtake inflation The median pay award remains at 3.8% in the three months to 30 November 2008, according to the latest monthly analysis of pay trends from IRS.
- Public sector pay 2008 Read the IRS Pay and Benefits Bulletin round-up of some of the important pay deals in the public sector in 2008.
- IRS Pay Intelligence Pay Intelligence is a regularly updated online resource, bringing together links to the latest pay settlement analysis and economic indicators from across the IRS and XpertHR portfolio, providing everything you need to keep track of pay trends.
- Rewarding employees in a recession As HR professionals face pressure to cut costs, they need to find innovative, cost-effective rewards that genuinely motivate employees, says Personnel Today.
- Pre-Budget Report 2008: gambling on economic recovery? We look at chancellor Alistair Darling's second Pre-Budget Report, focusing on the package of economic measures designed to counter the impact of the downturn.
Strategic reward
- Strategic reward Run this search across the XpertHR website to find out more about how employers across all industry sectors have approached strategic reward.
- Managing reward: Reward strategy Read the complete Personnel Today Management Resources one stop guide to managing reward, with detailed sections providing full guidance on the following topics: reward strategy; job evaluation and grading; base pay and salary structures; variable pay; benefits; pensions; share schemes; international assignments.
Total reward
- Total reward Run this search across the XpertHR website to find out more about total reward and how it can benefit your organisation. Includes the following:
- Case study: Total reward at Kent County Council Kent County Council has developed a total reward strategy, and is planning to introduce online total reward statements to ensure its employees understand the value of their employment package.
- Case study: Relaunching reward at Aspire Housing IRS looks in detail at the wholesale relaunch of reward at Aspire Housing. Central to the new reward strategy was the introduction of a "total reward optimisation approach" to communicate the value of non-pay elements of reward to potential new recruits and existing staff.
Salary surveys
- CELRE salary surveys Run this search to find out more about the comprehensive selection of salary surveys published by CELRE, part of the XpertHR group.
- CELRE Visit the website of salary survey specialists CELRE, part of the XpertHR group.
Employee benefits
- Benefits and allowances 2008: Part one: Overview, Part two: Health-related benefits, Part three: Travel and subsistence benefits, and Part four: Childcare, long service and other benefits Access the complete findings of the 2008 IRS survey of benefits and allowances, based on responses from 277 organisations, employing a total of 1.35 million employees.
- Benefits worth up to one-third of basic salary Benefits packages can add up to one-third on top of basic salary, according to the latest annual benefits survey from CELRE, part of the XpertHR group.
- How to manage basic pay and benefits and How to establish a flexible benefits scheme Detailed guidance from XpertHR's How to service.
- Employee benefits: Frequently asked questions From XpertHR's FAQ service.
- Green benefits in focus: cutting-edge practice at three organisations Green benefits are an increasingly important component of the reward offering for many UK employers, with demand growing as environmental awareness becomes more widespread. Here, IRS profiles cutting-edge practice at three employers: carbon offsetting schemes at Getronics UK and Thomsons Online Benefits; and Nottingham City Council's award-winning green travel scheme.