Pay Intelligence May 2009: Pay awards plunge to historic low of 1.5%

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

On this page: Pay Intelligence 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: 1.5% in the three months to 30 April 2009

Release date: 29 May 2009

Next release date: 26 June 2009

• Commentary from IRS on the latest pay trends: 29 May 2009 View the latest monthly analysis of pay trends from IRS. 
• Inflation, earnings and pay data from the IRS datafile, including:
        -     The latest inflation and earnings statistics
        -     Pay settlement statistics from IRS and other pay commentators
        -     Inflation and earnings forecasts from IRS and the Treasury 
• Full statistical breakdown of findings from the IRS pay databank, covering basic pay settlements collected by IRS in the year to 30 April 2009. IRS collects the details of around 1,400 pay settlements every year. 
• Pay award summary: 29 May 2009 Summaries of around 40 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: 29 May 2009 A one-page summary of bargaining statistics for pay negotiators, 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. 
• Add your organisation's pay award to the IRS database Submit details of your organisation's latest pay review in return for a copy of our most up-to-date analysis of pay trends. 

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 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.