Pay Intelligence November 2007: pay settlements running at 3.4%

Commentary | Datafile | IRS pay databank
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About IRS pay analysis

On this page: Pay Intelligence is a constantly updated online resource, bringing 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: 3.4% in the three months to 31 October 2007

Release date: 16 November 2007

Next release date: 21 December 2007

Summary: The median basic pay award was 3.4% in the three months to the end of October 2007, suggesting that a relatively high pattern of pay awards is continuing into the final quarter of the pay bargaining year.

Once a month, the latest pay trends analysis from IRS appears here, 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.

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 2006 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.