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Pay awards in the retail sector have tumbled to a median of just 1.2%, research published today has revealed. The figure is down significantly from the 3% rise recorded in May 2009, the XpertHR research of 109 pay awards covering 1.3 million empl  Arrow IconMore...


Pay deals in the finance sector have plummeted to record lows this year despite signs of recovery, XpertHR research reveals. Wage freezes accounted for almost one-third (32%) of all finance sector pay awards throughout the year to May 2010, ac  Arrow IconMore...


Pay awards in both the private and public sectors remain low despite high headline inflation, according to the latest research from IRS, published exclusively on XpertHR . Analysis shows that pay awards were worth a median 1% in the three months   Arrow IconMore...


BT and the Communication Workers Union (CWU) have reached a 39-month deal on staff pay, averting the threat of strike action.   The agreement will see team members of the telecoms company receive pay rises worth 3% each financial year from April   Arrow IconMore...


Unions have warned the BBC that a strike ballot over pay and pensions has become more likely after talks with management broke down. Earlier this week, the public broadcaster announced plans to overhaul its pension scheme, which has a £2bn deficit.   Arrow IconMore...


The government needs to be wary about a prolonged freeze on public sector pay and the impact it could have on retention and recruitment, employment experts have warned. In the emergency Budget, outlined earlier today, chancellor George Osborne ann  Arrow IconMore...


The public sector pay freeze will be extended for an extra year and employers' National Insurance contribution threshold has been raised, the chancellor has revealed. Unveiling the emergency Budget in the House of Commons earlier today, George Osb  Arrow IconMore...


Employers were reluctant to lift pay freezes in the three months to April 2010, despite the economy returning to growth, new findings show. The Income Data Services (IDS) Pay Report found that a fifth of all employers were still pushing through p  Arrow IconMore...


Managers at the Foxconn factory in China are struggling to maintain calm after another employee attempted suicide. The electronics worker tried to cut his wrists just hours after the death of another of the company's employees. In total, 11 workers   Arrow IconMore...


Rising inflation has yet to affect pay rates, with the median award remaining at 1% for the three months to 30 April, according to IRS research published exclusively on XpertHR . While the headline rate of inflation, as denoted by the retail pr  Arrow IconMore...


BT could face strikes following a dispute over its proposed pay awards for staff. The Communication Workers Union (CWU) has now threatened to ballot 50,000 employees unless the telecommunication giant withdraws it plans. In a letter to members An  Arrow IconMore...


UK companies are wasting almost £4,000 per employee – or 8% of their payroll costs – by failing to deliver their pay policies efficiently, research has revealed. Analysis of corporate pay rates, by HR consultancy Mercer , shows that over-  Arrow IconMore...


Royal Mail has reached an agreement with the postal union, ending the threat of further strikes. The postal service and the Communication Workers Union (CWU) reached the deal in the long-running row about pay and working practices which resulted in   Arrow IconMore...


The surge in the cost of living "has come at the worst possible time" and could lead to unsustainable pay settlements, the CIPD has warned. Figures released by the Office of National Statistics yesterday showed the Retail Prices Index (RPI) shot u  Arrow IconMore...


The government was today urged to scrap national pay deals in the public sector in favour of individual contracts for employees. A report by think-tank CentreForum warns that national pay systems ignore local differences; handicap struggling regional  Arrow IconMore...


Pay awards staged a slight recovery in the closing months of 2009, with the headline award standing at 1.2%, according to latest data from IRS for XpertHR. However, the pay outlook is uncertain: pay awards could either stage a further weak reco  Arrow IconMore...


The pay gap across the public and private sectors has more than doubled to 7% since the start of the recession, figures have revealed. Data published by the Office for National Statistics (ONS) has shown that average annual earnings of public sector   Arrow IconMore...


Surrey County Council union leaders have moved to reassure members they will “fight vehemently” against any attempts to cut workers' wages or terms of conditions ahead of significant budget cuts. Personnel Today reported earlier this we  Arrow IconMore...


Thousands of Barclays investment bankers have been handed pay rises in the past few days, ahead of the government's 50% tax on bonuses. The Guardian has reported the move is likely to increase tensions with lower-paid staff in Barclays' high   Arrow IconMore...


Polestar Sheffield staff have voted in favour of a three-year pay deal, avoiding the threat of industrial action. The offer was tabled by the printing company in a last-minute bid to avoid a ballot for industrial action, according to Print Week .  Arrow IconMore...



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