Pay awards stand at 1%: outlook remains uncertain
The median pay award in the three months to the end of February 2010 stands at 1%, but pay freezes remain a significant part of the pay scene. Continuing economic and political uncertainty at a busy time for pay setting means that the outlook for settlements remains unclear.
On this page:
Public sector starts to
feel the squeeze
Key findings from the IRS pay
databank
Pattern of pay freezes
Another
year of pay restraint?
Has unemployment peaked?
Table 1: Private sector pay awards, February 2009 to February
2010
Chart 1: Pay review pattern, February 2009 to February
2010
Table 2: Whole-economy pay awards, February 2009 to
February 2010
State of play in key negotiations
Additional resources on XpertHR.
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