Personnel Today
  • Home
    • All PT content
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • Brightmine
    • Learn more
    • Products
    • Free trial
    • Request a quote
  • Webinars
  • Advertise
  • OHW+

Personnel Today

Register
Log in
Personnel Today
  • Home
    • All PT content
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • Brightmine
    • Learn more
    • Products
    • Free trial
    • Request a quote
  • Webinars
  • Advertise
  • OHW+

Latest NewsPay & benefits

Pay rises may be on the cards as pay freezes fall, says Bank of England

by Personnel Today 20 May 2010
by Personnel Today 20 May 2010

Millions of workers whose pay was frozen during the recession could finally get a rise, the Bank of England has suggested.


The bank said it had seen “tentative” signs that pay rises could come back, according to its regular assessment of UK employers, reports the Daily Mail.


Every month, agents for the bank travel the country to speak to employers about their businesses and the challenges they face, and to ask them about their plans for staff pay.


Its latest report said the number of pay freezes had fallen, and the number of pay rises had gone up. It added: “More contacts had made small positive awards in order to reward profitability, to recognise employees’ loyalty or to boost morale.”


Sign up to our weekly round-up of HR news and guidance

Receive the Personnel Today Direct e-newsletter every Wednesday

OptOut
This field is for validation purposes and should be left unchanged.

XpertHR will next week publish the first analysis of April 2010 pay deals from IRS – which is expected to show that private sector pay awards remain low despite the cost of living rising at its fastest in nearly two decades, with the retail prices index measure of inflation jumping from 4.4% in March to 5.3% in April.


Despite the rise in inflation, the CBI yesterday called for a two-year pay freeze in the public sector to help the coalition government get public finances under control.

Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

previous post
Technology blurs boundaries between work and home for ‘Generation Standby’
next post
Pension ‘expectation gap’ hits £1.2 trillion

You may also like

Personnel Today Awards 2025: Final deadline on Monday

20 Jun 2025

Seven ways to prepare now for the Employment...

20 Jun 2025

Sniff a lemon on World Productivity Day and...

20 Jun 2025

Employees want more upskilling and apprenticeships to narrow...

20 Jun 2025

NHS pay disputes: Who could strike again?

20 Jun 2025

BBC Breakfast bullying and misconduct allegations under investigation

20 Jun 2025

AI company did not racially discriminate against Chinese...

20 Jun 2025

Financial analyst guilty of insider dealing while WFH

20 Jun 2025

Only a third of recruiters receive high-quality job...

20 Jun 2025

UK job market shows signs of resilience

20 Jun 2025

  • AI is here. Your workforce should be ready. SPONSORED | From content creation...Read more
  • Preparing for a new era of workforce planning (webinar) WEBINAR | Employers now face...Read more
  • 2025 Employee Communications Report PROMOTED | HR and leadership...Read more
  • Prioritising performance management: Strategies for success (webinar) WEBINAR | In today’s fast-paced...Read more
  • Retaining Female Talent: Four Ways to Reduce Workplace Drop Out PROMOTED | International Women’s Day...Read more

Personnel Today Jobs
 

Search Jobs

PERSONNEL TODAY

About us
Contact us
Browse all HR topics
Email newsletters
Content feeds
Cookies policy
Privacy policy
Terms and conditions

JOBS

Personnel Today Jobs
Post a job
Why advertise with us?

EVENTS & PRODUCTS

The Personnel Today Awards
The RAD Awards
Employee Benefits
Forum for Expatriate Management
OHW+
Whatmedia

ADVERTISING & PR

Advertising opportunities
Features list 2025

  • Facebook
  • Twitter
  • Instagram
  • Linkedin


© 2011 - 2025 DVV Media International Ltd

Personnel Today
  • Home
    • All PT content
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • Brightmine
    • Learn more
    • Products
    • Free trial
    • Request a quote
  • Webinars
  • Advertise
  • OHW+