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Performance-related pay survey open: take part by 13 June

Linking pay awards to an assessment of the performance of individual employees remains a popular reward strategy. However, unless performance-related pay schemes are carefully designed and implemented, they do not always meet their objectives. XpertHR...

Published 20 May 2013 6:25 PM by XpertHR - Employment Intelligence

Filed under: pay awards, survey, performance-related pay

Why stubbornly high inflation is threatening UK economic recovery

Ongoing elevated inflation poses a clear threat to UK economic recovery. This is according to the Telegraph , which says that "[R]ising inflation threatens to dent the Government's recovery hopes by eroding consumers' disposable incomes."...

Published 7 Feb 2013 7:00 AM by XpertHR - Employment Intelligence

Filed under: pay awards, inflation, economic recovery, economic outlook, economic commentary, cpi, rpi

Is it 'dangerously complacent' to expect further falls in inflation?

Inflation has fallen back for a second successive month, to its lowest level in nearly three years. This news will signal some degree of easing of the pressures on UK workers' pay packets (even if only to a limited extent). But the good news on inflation...

Published 17 Oct 2012 8:30 AM by XpertHR - Employment Intelligence

Filed under: pay awards, inflation

Pay awards worth a median 2.4%

Today XpertHR publishes the latest statistics on pay settlements , showing that the median basic pay deal was 2.4% in the three months to the end of August 2012. We also publish a comprehensive review of pay trends over the past year which is based on...

Published 28 Sep 2012 7:02 AM by XpertHR - Employment Intelligence

Filed under: pay and benefits, pay awards, economics, pay

Why falling inflation could be good news and bad news for UK economic recovery

Inflation is falling back rapidly. The two headline measures of inflation (CPI and RPI) are currently significantly below recent peak levels. But whether this ultimately proves to be good news or bad news for the UK economy depends on how far and how...

Published 5 Jul 2012 8:00 AM by XpertHR - Employment Intelligence

Filed under: pay awards, inflation, economics, cpi, rpi

The dangers of 'sticky' inflation in 2012

After remaining elevated throughout 2011, inflation has at last begun to fall back (XpertHR subscription required) over recent months. This is in turn helping to ease the income squeeze on UK households by gradually narrowing the gap between inflation...

Published 3 Apr 2012 8:00 AM by XpertHR - Employment Intelligence

Filed under: pay awards, inflation, economics, cpi, rpi

UK workers on track for two years of below-inflation pay awards

Below-inflation pay awards mean that recovery is proving more painful than recession for many UK households. Recent analysis from the IFS suggests that if latest OBR projections prove correct, real household disposable incomes are likely to be lower by...

Published 6 Jan 2012 7:00 AM by XpertHR - Employment Intelligence

Filed under: pay and benefits, pay awards, inflation, pay, rpi

Economic prospects for 2012: 'No-growth Britain'?

Could we be about to enter the era of "no-growth Britain" (to use a phrase coined by pseudonymous HR blogger Rick)? XpertHR's January 2012 economic commentary looks ahead to prospects for the coming year, and finds that many commentators...

Published 3 Jan 2012 7:00 AM by XpertHR - Employment Intelligence

Filed under: pay awards, inflation, economics, unemployment, david cameron, economic recovery, austerity measures, economic outlook, double-dip recession, Eurodämmerung

Is there a silver lining to below-inflation pay awards?

Many UK workers have now been living with below-inflation pay awards for a prolonged period. A sliver of welcome news came last month, when a slight easing in inflation resulted in a slight narrowing of the gap between pay awards and inflation. The median...

Published 5 Dec 2011 7:00 AM by XpertHR - Employment Intelligence

Filed under: pay and benefits, pay awards, inflation, unemployment, george osborne, autumn statement

Economic outlook offers little festive cheer

As 2011 draws to a close, the economic outlook would at first glance appear to offer little in the way of festive cheer. There are serious concerns that UK economic growth will stutter in the current quarter, and could flatline or even go negative in...

Published 1 Dec 2011 7:00 AM by XpertHR - Employment Intelligence

Filed under: pay awards, inflation, economics, recession, christmas, gdp, george osborne, Europe, economic outlook, economic commentary, Eurodämmerung, eurozone, austerity christmas

HR data round-up November 2011: Why did you get into HR?

Why did you get into HR? Cast your mind back to the start of your career in the HR profession. How did you find your way into the profession? And are you pleased you did so? Latest benchmarking survey data from XpertHR offers a fascinating insight into...

Published 18 Nov 2011 7:00 AM by XpertHR - Employment Intelligence

Filed under: pay awards, benchmarking, hr policy and strategy, private sector pay, cipd, pay prospects, xperthr surveys, youth unemployment, hr data, hr careers

Where will inflation go in 2012?

As 2011 progresses, inflation continues to roar ahead of pay awards . But could the inflation side of the equation be about to ease off? And could private sector pay awards be about to stage something of a recovery? UK inflation set to fall back in 2012...

Published 4 Nov 2011 7:00 AM by XpertHR - Employment Intelligence

Filed under: pay awards, inflation, benchmarking, economics, rpi

Executive pay controversy 2011: IDS reports 'exaggerated & misleading increase,' says Hay Group

The controversy over the data behind recent headline-grabbing reports on executive pay rumbles on. Yesterday we asked whether the correct story is being told as regards the numbers behind the headlines . Now, Peter Boreham, Head of UK Executive Reward...

Published 1 Nov 2011 9:00 AM by XpertHR - Employment Intelligence

Filed under: executive pay, pay and benefits, pay awards

UK economic growth in Q4 2011 likely to be 'close to zero,' says Bank of England

We noted yesterday that the spending power of UK households continues to be squeezed as inflation continues to roar ahead of pay awards in 2011. This ongoing weakness in household spending power is likely to bear down strongly on the ability of the UK...

Published 19 Oct 2011 10:50 AM by XpertHR - Employment Intelligence

Filed under: pay awards, inflation, bank of england, economics, economic indicators, gdp, economic recovery, economic outlook, mpc

Impact of recession on household incomes: 'The pain was delayed, not avoided.'

The UK may currently be showing a recovery from recession ( a feeble one , admittedly), but the worst effects of the so-called 'great recession' on UK household incomes have yet to be felt. This is according to a new report entitled The Great...

Published 27 Sep 2011 8:00 AM by XpertHR - Employment Intelligence

Filed under: pay and benefits, pay awards, household incomes, living standards

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