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Date: 08/01/09 
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Inflation

Retail Prices Index

November 3.0%
October 4.2%
September 5.0%

Source:
Office of National Statistics

Pay Deals

Average pay settlements to October 2008 (exc. bonuses)

Private Sector 3.6%
Public Sector 3.7%


Source:
Office of National Statistics

employee rewards & benefits news

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21-Aug-08 12:15 [Pay and Reward]
British salaries could soon hit the internet
Thousands of job reviews and salaries are about to appear online after website Glassdoor.com announced its intentions to add British wages to its database.

Established two months ago, the website currently has the details of over 50,000 employers in more than 80 countries, with reviews posted by current or former employees anonymously.

The Times noted that ten per cent of postings were not allowed, with defamatory or potentially libellous statements removed to promote constructive criticism of each company.

Speaking to the newspaper, Robert Hohman, the co-founder and chief executive of Glassdoor, said that there would be an "initial level of discomfort for chief executives", but that many saw the situation as inevitable.

He added: "People don't talk enough about how they can be more valuable. This should help them. Knowledge is power."

Mr Hohman co-owns the website with long-time friend Rich Barton, who opened travel company Expedia in 1994.

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08-Jan-09 [Europe, Middle East and Africa]
Irish pension funds 'lose £25bn in three months'
The last 12 months have proven to be a very painful time for pension funds in Ireland, according to an investment consultant service's research this week. Find out more>
In response to a worsening situation on the high street, major retailer Marks & Spencer (M&S) has announced 1,200 job cuts and big changes to the current final salary pension scheme they offer. Find out more>
08-Jan-09 [Pay and Reward]
Over 5m 'working unpaid overtime'
The value of the hours of unpaid overtime in the UK is £26.9 billion, according to the Trades Union Congress (TUC). Find out more>

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The views and recommendations in this publication are those of Thomsons Online Benefits and have been obtained from a variety of sources. While we believe that our sources are reliable we cannot guarantee that the information in this publication is accurate and it may be condensed or incomplete. thomsons online benefits ltd is authorised and regulated by the Financial Services Authority.

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