Pay Intelligence March 2008: Pay awards continue to lag behind inflation
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. It brings together links to the latest pay settlement analysis and economic indicators from across the IRS and HR & Compliance Centre portfolio, providing everything you need to keep track of pay trends.
Summary of key pay data: IRS headline measure of pay settlements: 3.5% in the three months to 29 February 2008. Release date: 20 March 2008. Next release date: 25 April 2008. Summary: The median pay award has held firm at 3.5% over the three months to 29 February 2008, but pay settlements remain firmly parked below headline inflation, according to the latest IRS analysis. |
Once a month, the latest trends analysis from IRS appears here, alongside links to the latest inflation and earnings data. Twice a month, we update the economic forecasts, colleed by IRS, and the pay review update table containing summaries of the latest pay settlements.
- Commentary: Pay awards continue to lag behind inflation (20 March 2008) View the latest monthly analysis of pay trends from IRS, including a summary of the state of play in key negotiations.
- Datafile: 11 April 2008. 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 March 2008 The full statistical breakdown of findings from the IRS pay databank, covering basic pay settlements collected by IRS in the year to 29 February 2008. IRS collects the details of around 1,200 pay settlements every year.
- Pay review update: 11 April 2008 Summaries of some of the most recent settlements to be added to the IRS pay databank, allowing you to keep track of 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 March 2008. A one-page 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 HR & Compliance Centre, 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 HR & Compliance Centre, presenting summaries of pay settlement statistics from IRS and other pay commentators, plus inflation and earnings forecasts collected by IRS.
Economic indicators HR & Compliance Centre 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 HR & Compliance Centre present their in-depth analysis of the 2007 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.
