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Finance sector pay 2009: pay awards dip as recession bites

Our annual round-up of finance sector pay trends finds that one in four pay awards over the past year was a pay freeze, with far fewer pay deals based on performance.

On this page:
Government steps in on finance sector reward
Key finance sector pay findings
Chart 1: Finance sector merit budgets for all-merit settlements, 1 June 2008 to 31 May 2009
Pay freezes in the finance sector
Variable pay and bonuses in the spotlight
The union's view on pay and bonuses
Table 1: Finance sector pay settlement examples
Additional resources on XpertHR.