Pay settlements
The pay settlement or award will typically be determined based on a number of different factors - from inflation to affordability and comparable practice in other organisations. XpertHR research has shown that affordability will continue to be a key factor over the coming year, and is likely to keep pay settlement levels low. XpertHR collates pay settlement data throughout the year and publishes an analysis of the latest trends at the end of each month - you can read our analysis of the first 2014 pay awards in Survey analysis > Pay trends January 2014. Public sector pay reviews are currently covered by a government pay policy that caps pay awards at an average 1% increase.
Pay settlement analysis
Pay settlements by industry
Pay forecasts
How to
Policies and documents
- Policy on basic pay and pay reviews
- Contract clause on salary reviews and increases
- Letter informing an employee of the outcome of a salary review