Annual review of pay prospects 2013

This month's pay review resources contain a package of tools and data to help pay and benefits professionals plan for the year ahead. 

Outlook: pay awards in 2012/13

Private-sector employers are predicting a median 2.5% pay rise for the year ahead, as pressure on pay reviews remains subdued. 

 
> Full findings of the pay prospects survey

 
> Pay bargaining agenda 2013: manufacturing and production

 
> Pay bargaining agenda 2013: private-sector services

Outlook: the economy

Our detailed analysis of the economic outlook includes a look at the likely path of RPI inflation over the next year. We also present our updated forecasts from City and academic commentators. 

 
> Economic commentary November 2012: Coming up for air

 
> Updated inflation and earnings forecasts


Pay-setting tools

Other data and tools to help you conduct a pay review:

 
> The pay bargaining year

 
> Benchmarking approaches to pay setting

 
> Benchmarking pay settlements

 
> Economic indicators

Settlements by sector

We have also recently published a review of pay settlements over the past two years, as well as a sector-by-sector analysis of private sector pay awards. 

 
> Benchmark rise for the year is 2.5%

 
> Private-sector pay overview



Data: latest quarterly pay figures from XpertHR

Our analysis of pay awards in the three months to the end of October 2012 reveals a median 2% basic pay increase. 

 
> Pay trends October 2012

 
> Find out how we collect and analyse pay data


Archives

Visit our comprehensive archive of pay data. 
 

 
> Pay trends articles

 
> Pay awards by sector