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Pay awards hold steady before the fall

The median basic pay rise stands at 3.8% in the three months to the end of December 2008, but it will fall considerably from this level as the new year bargaining round gets under way.

On this page:
Key findings from the IRS pay databank
Key influences on 2009 pay deals
      Companies' ability to pay
      Inflation
Preview of January 2009 pay awards
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Table 1: Private sector pay awards, December 2007 to December 2008
Chart 1: Pay review pattern, December 2007 to December 2008
Table 2: Whole-economy pay awards, December 2007 to December 2008
State of play in key negotiations
Additional resources on XpertHR.