Forward to a colleague View as a webpage Add us to your white list Quick Links »   Pay trends   Economic outlook   Survey   News   Statistics and reference   Blogs Pay trends Pay trends May 2012 Low pay awards, or pay freezes, among public-sector organisations have pulled the headline pay award down in the three months to April 2012. We present our latest analysis of pay settlement trends. Inflation and earnings forecasts Our forecasts page is updated every month and provides an up-to-date look at the likely bargaining conditions for pay setters over the coming months. Top Economic outlook Uncertainty as to when growth will return This article examines the areas that are key to economic recovery and asks whether or not we may see a slightly healthier economy before the year is out. We also present forecasts for key measures of interest to pay setters. Top Take part in XpertHR research Complete our overtime survey Overtime is an almost universal working practice. But what is the going rate of pay for this additional work, and what can be done to reduce the amount of overtime worked? Responding to our survey will enable you to compare the practices at your organisation against the other survey respondents - for free! Top News › Employment law manual update: new family-friendly rights chapter › Video: Temporary change to the rules on opting out of Sunday working › Olympics: employer guidance Top Statistics and reference › XpertHR pay trends homepage › Pay review update › Economic indicators Top From our blogs › CIPD Reward Conference - additional XpertHR resources › Concern over addressing "excessive" executive pay › Do we need to communicate more about reward and benefits? › Employee engagement scores show HR could do better › How much is everyone else paying their staff? Top Editor's message ECONOMIC OUTLOOK Pay setters are facing a range of external influences on their pay budgets at the moment, most of which stem from the state of the economy. In our latest economic outlook, we look at the prospects for economic growth over the coming year. We also present detailed forecasts on growth, inflation and average earnings. In our latest review of pay settlement trends, it is the public-sector deals that stand out. In the three months to the end of April 2012, the median whole-economy pay award has fallen to 2%, driven by pay freezes and low pay awards in the public sector. The private-sector median remains at a subdued 2.5%. Finally, you still have a few days left to complete our survey of overtime practices - doing so will enable us to build an up-to-date picture of overtime rates and management for your benefit. Sheila Attwood Pay and benefits editor, XpertHR Pay Intelligence blog Perspectives on the changing world of pay, including news, commentary and analysis on pay issues, law, employee relations, recruitment, retention, reward and work organisation. Get more out of XpertHR › Model policies › Good practice guides › Line manager briefings › Salary surveys Tools for subscribers › My XpertHR › User guide › Advanced search › XpertHR feeds Customer services › Password reminder › Email the helpdesk or call 0845 671 1110 › Read previous newsletters Forward to a colleague xperthr.co.uk This email has been sent to luke.smith@rbi.co.uk Unsubscribe from future pay and benefits emails. Disclaimer This message is intended only for the use of the person(s) ("Intended Recipient") to whom it is addressed. It may contain information, which is privileged and confidential. Accordingly any dissemination, distribution, copying or other use of this message or any of its content by any person other than the Intended Recipient may constitute a breach of civil or criminal law and is strictly prohibited. If you are not the Intended Recipient, please contact the sender as soon as possible. © Reed Business Information Ltd +44 (0)20 8652 3500 | Terms and Conditions | Cookies and privacy Registered Office: Reed Business, Quadrant House, 9th Floor, The Quadrant, Sutton, SM2 5AS. Registered in England & Wales: 151537