Pay awards remain remarkably weak, the latest analysis from IRS reveals [subscription required]. The median, basic pay settlement for the whole economy was unchanged at 1% in the three months to the end of August 2009. The median basic award for the previous rolling quarter has been revised down to a pay freeze. This is the first time that the headline measure has been a pay freeze in IRS's history of collecting pay settlements.
Read the complete post at http://www.xperthr.co.uk/blogs/employment-intelligence/2009/09/no-recovery-in-pay-settlements.html
25 Sep 2009 8:49 AM
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