While it remains possible that the UK will exit the current prolonged recession in the near future, economic recovery is by no means guaranteed. This makes pay-setting decisions for the 2009/2010 pay bargaining round all the more problematic. Employers are therefore well advised to ensure that they understand what impact their reward decisions are going to have on their abilities to recruit, retain and motivate employees. The XpertHR Group offers a wealth of resources to help pay-setters make the right decisions in these circumstances.
These include the following:
- One way to build a true understanding of how pay and benefits stack up against competitors and others in the wider labour market is to take part in a salary survey. XpertHR's award-winning job pricing service provides user-friendly access to authoritative salary survey data.
- The latest edition of Pay Intelligence (subscription required) presents the findings of its annual review of pay trends and prospects, based on key pieces of original IRS research and providing pay-setters with an essential resource pack for making reward decisions.
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