Pay awards overtake inflation as 2009 approaches
The median pay award remains at 3.8% in the three months to 30 November 2008, according to the latest monthly analysis of pay trends from IRS.
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Headline pay award holds firm at 3.8%
Key findings from the IRS pay databank
Pay and inflation reverses
Looking ahead to 2009
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Table 1: Private sector pay awards,
November 2007 to November 2008
Chart 1: Pay review pattern,
November 2007 to November 2008
Table 2: Whole-economy pay awards,
November 2007 to November 2008
State of play in key
negotiations
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