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April pay awards are heading for a fall

The IRS headline measure of pay awards is 3.5% in the three months to March 2008, but a preview of April pay deals reveals that they could be heading for a fall.

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Pay awards stable…for now
Industry pay awards
Key findings from the IRS pay databank
April pay deals
Public sector pay awards
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Table 1: Private sector pay awards, March 2007 to March 2008
Chart 1: Pay review pattern, March 2007 to March 2008
Table 2: Whole-economy pay awards, March 2007 to March 2008
Box 1: State of play in key negotiations
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