Pay Intelligence February 2009: Pay awards drop to 3% as 2009 gets under way

Commentary | Datafile | IRS pay databank
Latest pay reports | Pay review update | Bargaining statistics  
About IRS pay analysis

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% in the three months to 31 January 2009

Release date: 20 February 2009

Next release date: 20 March 2009

Summary: The median pay award has fallen sharply to 3% in the three months to 31 January 2009, while the number of pay freezes has shot up, according to the latest pay trend analysis from IRS. 

Once a month, the latest pay trends analysis from IRS is published, 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. 

• Commentary: Pay awards drop to 3% as 2009 gets under way (20 February 2009) View the latest monthly analysis of pay trends from IRS, including a summary of the state of play in key negotiations. 
• Datafile: 6 March 2009 The twice-monthly datafile contains:
        -     The latest inflation and earnings statistics
        -     Pay settlement statistics from IRS and other pay commentators
        -     Inflation and earnings forecasts from IRS and the Treasury  
• IRS pay databank: 20 February 2009 The full statistical breakdown of findings from the IRS pay databank, covering basic pay settlements collected by IRS in the year to 31 January 2009. IRS collects the details of around 1,400 pay settlements every year. 
• Pay review update: 6 March 2009 Summaries of some of the most recent settlements to be added to the IRS pay databank, allowing you to keep track of the most recent pay awards in your sector. (See also Latest on pay awards, wages and salary levels for detailed reports on key pay settlements.)
• Bargaining statistics: 20 January 2009 A summary of bargaining statistics, including the official figures on inflation, earnings and the labour market, as well as settlement statistics from the main pay analysts. 
• About IRS pay analysis Read about how IRS collects, records and analyses pay data. 

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 the 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 2008 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.