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