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Date: 09/01/09 
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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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28-Mar-08 11:15 [Pay and Reward]
Teachers threaten strike action
Members of the NASUWT union are to be balloted on a work-to-rule and they will also vote on strike action for next January.

Sue Rogers, the honorary treasurer of NASUWT, said: "The national agreement is a success but we want that success to be felt in every school even if we have to drag every head, every governing body, every local authority representative kicking and screaming into obeying the law."

Ms Rogers added that the union is now giving notice that it will be balloting its members ahead of the possible January action unless "the government themselves urgently respond to the flagrant abuse of our statutory rights".

The possible action comes as claims are made that head teachers are not abiding to the new legislation which states teachers should be given half a day every week off for marking and lesson planning.

NASUWT is the largest union which represents teachers and head teachers in the UK.




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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