How will your organisation’s 2012 pay award compare with those at other organisations in the private sector? And how will it stack up against projected movements in inflation?
A new service from XpertHR makes it easy for you to find… continue
Archive | March, 2012
Home Secretary launches urgent consultation on police pay reforms
Rachel Sharp 27 March 2012 Home Secretary Theresa May has issued a written ministerial statement on the second and final part of the review of police pay and conditions in England and Wales led by Tom Winsor. The review, which was published on 15 March… continue
Subdued pay rise of 2% expected in the year ahead
Sheila Attwood 26 March 2012 Private sector employers are predicting pay awards of just 2% in the year to 28 February 2013 [£] according to data from pay specialists XpertHR.
The slow economic recovery is continuing to influence organisations, with pay freezes and redundancies forecast by… continue
Budget 2012 – key announcements for HR
Sheila Attwood 21 March 2012 The Chancellor’s Budget on 21 March 2012 needs to deliver growth to the UK economy. He starts by saying that it “rewards work” and backs business.
The key announcements of interest to HR are:
Growth
Office for Budget Responsibility (OBR) forecast for… continue
National minimum wage 2012/2013: Adult rate increases by 1.8% to £6.19 per hour; younger workers’ rates frozen
Michael Carty 19 March 2012 The Coalition Government has today (Monday 19 March 2012) announced the national minimum wage rates for 2012/2013, which come into effect from Monday 1 October 2012.
It has accepted the Low Pay Commision’s (LPC) recommendations as set out in its… continue
Public sector pay 2012: Budget set to end national pay rates
Rachel Sharp 17 March 2012 Chancellor George Osborne is expected to include plans to introduce local pay in parts of the civil service from this year (on Guardian website) in the Budget on 21 March 2012.
Government departments that started the two-year public sector pay freeze… continue
Board representation and gender pay gap remain challenges for female employees
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Women now make up 15.6% of board members at the UK’s100 large-listed companies, according to new research by Cranfield School ofManagement.… continue
Changes made to ONS’ Basket of Goods and Services
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The basket of goods, which is used to calculate the UK’srate of inflation, has had its annual overhaul – with tablet… continue
Public sector pay review bodies 2012: £250 increase confirmed
Rachel Sharp 13 March 2012 Public sector pay review bodies covering the armed forces, prison officers and NHS Agenda for Change employees have published their recommendations on the pay increase for 2012/13.
As these groups are covered by the two-year public sector pay freeze, the… continue
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History lessons: sometimes slumps last a long time
So just how bad are things? As bad as the 1980s? The 1930s perhaps? History Today magazine reckons that the best parallel for our current economic woes is the long depression that began in 1873 with a finance house failure… continue