Pay Intelligence May 2008: Pay awards fall back to 3.2%

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On this page: Pay Intelligence is a regularly updated online resource, bringing 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.

 


Summary of key pay data:

IRS headline measure of pay settlements: 3.2% in the three months to 30 April 2008

Release date: 30 May 2008

Next release date: 27 June 2008

Summary: Pay awards in the three months to April 2008 have fallen to 3.2% from the steady 3.5% seen in each of the rolling quarters since January, amid signs of economic slowdown.


 

Once a month, the latest pay trends analysis from IRS appears here, alongside links to the latest inflation and earnings data. Twice a month, we update both the economic forecasts collected by IRS and the pay review update table containing summaries of the latest pay settlements.

Also

Pay Intelligence archive Access previous editions of IRS Pay Intelligence.

Pay review update archive Run this saved search to access the complete archive of IRS pay review update articles on XpertHR, presenting summaries of some of pay settlements from the IRS pay databank.

Datafile archive Run this saved search to access the complete archive of IRS datafile articles on XpertHR, presenting summaries of pay settlement statistics from IRS and other pay commentators, plus inflation and earnings forecasts collected by IRS.

Economic indicators XpertHR allows you to browse all the latest economic and labour market statistics, such as inflation, earnings, unemployment and working hours.

Official figures Pay specialists at IRS and XpertHR present their in-depth analysis of the 2006 Annual Survey of Hours and Earnings (ASHE) from the Office for National Statistics, which provides the most comprehensive and precise available snapshot of UK earnings data.