IDR's analysis of pay freezes in 2020
The contraction of the economy, largely in response to the coronavirus pandemic, with far fewer hours being worked and the widespread furloughing of staff, has produced a reversal of earnings growth in almost every sector, according to the latest figures.
The current global health crisis has led a number of organisations to review and revise their sick pay policies, resulting in improved provisions in many cases, particularly those covering lower-paid workers, according to our recent sick pay study.
IDR recently conducted a special project for the Office of Manpower Economics (OME)
IDR's monthly analysis on pay
This report helps HR professionals identify what their pay pressures are and where they are coming from. It also reviews what is guiding reward strategies into 2021.
Why we urgently need a pay and reward strategy for care workers
Average earnings growth declined further in June 2020 following falls in April and May, according to the latest figures from the Office for National Statistics (ONS).
Our recent survey of in-house legal staff pay shows that the typical salary for a newly-qualified solicitors has risen by 31.7% since our last survey in 2017
IDR's monthly analysis of the labour market statistics.
Coronavirus: Wage freezes increase, but lower-paid workers recieve pay rises| Press mention
Yahoo Finance published an article based on IDR's latest monitoring of pay settlements.
the Metro published IDR's latest monitoring of pay settlements.
The median pay award across the whole economy remains at 2.5% for the three months to June 2020, according to the latest monitoring figures from Incomes Data Research (IDR).
IDR's monthly analysis of pay awards
This issue contains IDR's analysis of key pay trends as well as an annual feature looking ahead at reward strategy in 2021.