Pay Intelligence February 2007: Pay deals rise to 3.5%
Latest pay statistics
| Commentary | IRS pay databank | State of play in key negotiations
Pay review update | Inflation and earnings | Bargaining statistics
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Intelligence
On this page: Access the latest data from the February 2007 edition of Pay Intelligence, the influential monthly report for pay setters and reward practitioners.
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Summary of key pay data: IRS headline measure of pay settlements: 3.5% in the three months to 31 January 2007 Release date: 16 February 2007 Next release date: 16 March 2007 Summary: The median pay award has risen to 3.5%, its highest level since November 1998, confirming expectations that January pay settlements would follow inflation upwards. |
Each month, Pay Intelligence provides fast, accurate and detailed pay and economic data to allow pay setters to plan with confidence and make effective decisions.
- Latest pay statistics View the latest headline data from the IRS pay databank, alongside summaries of other pay commentators' opinions and key negotiating statistics for pay setters.
- Commentary: pay awards up to 3.5% IRS pay researcher Michael Carty reviews the latest pay settlement trends for the three months to 31 January 2007.
- IRS pay databank: latest findings The full statistical breakdown of findings from the IRS pay databank, covering pay settlements collected by IRS in the year to 31 January 2007. The IRS pay databank is based on information from more than 1,000 pay settlements every year.
- State of play in key negotiations Our state-of-play analysis sets out the current negotiating situation in a range of key pay groups and it highlights the important settlements to look out for in the coming weeks.
- Pay review update Summaries of all the most influential settlements, allowing you to keep track of competitors and organisations setting a "going rate" in your sector. (See also Latest IRS pay reports for detailed reports on key settlements.)
- Inflation and earnings Latest official inflation and earnings data, alongside forecasts from analysts and the Treasury to help you plan ahead.
- Bargaining statistics A summary of the latest bargaining statistics, including up-to-date official figures on inflation, earnings and the labour market, as well as settlement statistics from the main pay analysts.
- About Pay Intelligence Read more about Pay Intelligence.
Also
Pay Intelligence archive Access previous editions of IRS Pay Intelligence.
Economic indicators HR & Compliance Centre allows you to browse the latest economic and labour market statistics, including up-to-date figures for inflation and average earnings.
Economic outlook IRS presents a detailed examination of prospects for the UK economy. The study focuses on key indicators of most interest to pay setters - inflation, interest rates and earnings growth.
Official figures Pay specialists at IRS and HR & Compliance Centre present their in-depth analysis of the 2006 Annual Survey of Hours and Earnings from the Office for National Statistics, which provides the most comprehensive and precise available snapshot of UK earnings data.
