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XpertHR's pay and benefits editor Sarah Welfare and group editor David
Shepherd discuss forecasts for pay trends in 2010 and examine the main
influences on remuneration, including the prospects for economic recovery,
rising inflation, unemployment and the squeeze on public sector pay.
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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 2009/10, through how to make the most of total
reward statements, to employer surveys on benefits and pensions.
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Pay prospects for 2010
- Pay prospects survey: employers
forecast pay rises of 2% in 2010 Despite the backdrop of
recession and restraint in pay awards, there are signs that settlements may
pick up slightly if the anticipated economic upturn gathers steam during the
bargaining year ahead. However, almost one-third of employee groups may
not receive a pay rise in 2010.
- Economic outlook 2009/10: growth
may resume As the end of the recession is tentatively predicted,
we review the key economic indicators of interest to pay
decision-makers.
- Recession and recovery - a look
back at 2009 As we near the end of another challenging year for
HR, here are some of Personnel Today's top stories from the past 12 months,
plus a selection of HR directors' highs and lows of 2009.
- Economic
indicators XpertHR enables you to browse all the latest economic
and labour market statistics, such as inflation, earnings, unemployment and
working hours.
- Pay Intelligence December 2009: Pay
awards hold at 1.2% Pay Intelligence brings 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.
- The impact of the recession on
recruitment: the April 2009 IRS survey By April 2009, the
recession had already led many employers to reduce or freeze their vacancies
and cut their recruitment budgets. This IRS survey maps recent
developments and looks at what the future holds for the demand for recruits
and the ways in which they are recruited.
- Pre-Budget Report 2009: more
spending cuts to come Pre-Budget Reports are often tricky affairs
as a Government seeks to balance competing interests and priorities. A
burgeoning budget deficit and precipitous fall in economic output, coupled
with an imminent general election, made the Chancellor's task even harder than
usual.
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Reward strategy
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Benchmark pay rates
- Job pricing
Find out more about XpertHR's job pricing service, which provides access to
top-quality market pay data.
- Video: HR professionals' salaries
surveyed XpertHR editors David Shepherd and Mark Crail
discuss a survey from CELRE, XpertHR's salary survey unit, that
reveals details of how HR salaries and benefits have fared during the
recession.
- ASHE 2009: weekly earnings rise by
2% while gender pay gap narrows Earnings growth was modest over
the year to April 2009, but outpaced headline inflation. Meanwhile, this
year's Annual Survey of Hours and Earnings revealed a slight narrowing of the
gender pay gap.
- XpertHR pay figures: the
guide We explain the pay data housed on XpertHR, including how
IRS, part of the XpertHR group, collects, collates and analyses the largest
sample of UK pay deals, and salary survey data.
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Employee benefits
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