Pay awards drop to 3% as 2009 gets under way
The median pay award has fallen sharply to 3% in the three months to 31 January 2009, while the number of pay freezes has shot up, according to the latest pay trend analysis from IRS.
On this page:
Headline pay award falls to 3%
Key findings from the IRS pay databank
A return to the 3% benchmark?
Focus on January 2009 pay awards
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Table 1: Private sector pay awards, January 2008 to January 2009
Chart 1: Pay review pattern, January 2008
to January 2009
Table 2:
Whole-economy pay awards, January 2008 to January 2009
State of play in key negotiations
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