Editor's message: Pay awards continue to outstrip inflation, but have fallen to a median 1.7% in the three months to the end of April 2016. Pay trends May 2016: landscape changes in 2016 has all the latest analysis of pay settlement trends. We also report the details of the latest pay awards monitored by XpertHR.
XpertHR collects the details of around 1,600 pay awards every year, and our round-up of pay awards in the year to the end of August 2015 demonstrates just how stable the pay setting environment is at present. We also regularly survey employers about their pay plans and forecasts to give subscribers an insight into what other employers are planning for the year ahead. In addition, we offer practical guidance and solutions in our How to guides.
Our data and benchmarking services also extend beyond pay to encompass all aspects of HR and employment policy and practice.
Sheila Attwood, managing editor, pay and HR practice
In this week's podcast we discuss how employers can measure, and then reward, employee performance, as well as highlighting some of the issues that employers should be aware of when using performance-related pay rises.
XpertHR editors Laura Merrylees and Sheila Attwood discuss the practical implications of running a performance-related pay scheme, from how to measure employee performance to the key role that line managers play.
We provide a snapshot of key developments for employers in the coming months.
We take a look at performance-related pay schemes, including how performance is measured and pay rises are determined.
A summary of the latest pay settlements recorded by XpertHR, including those for the Armed Forces and senior civil servants, and at Aviva, Carlsberg UK, West End and regional theatres and the National Trust.
There has been a drop in the level of the median pay award but this is not set to last - pressures including inflation and the national living wage mean we may see upwards movement by the end of the year.
Our survey looks at the practicalities of running a performance-related pay scheme and the effect that this method of reward actually has on employee performance.
A summary of the latest pay settlements monitored by XpertHR.
Practical guidance on introducing a performance-related pay rise scheme.
The level of the median pay award has fallen but factors including inflation and the effect of the national living wage mean there is potential for upwards movement by the end of the year.
Pay data tools, analysis and guidance for HR and reward professionals.