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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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02-Dec-08 12:15 [Pay and Reward]
Teaching is 'safe job' in current climate for City workers
Conversion courses are currently attracting a host of new teaching candidates across the country as teachers seek a career change, it has been stated.

According to John Connolly, the head of the Training and Development Agency for Schools (TDA), many people are leaving their jobs in the City of London.

He continued: "Teaching is increasingly being seen as a safe port in the storm and people who have made their money in the City [of London] in the last few years now want a career change and want to give something back."

Mr Connolly added that with many of them being science graduates, it was the perfect time for them to make the switch due to the relative dearth of teachers in that department of schools across the country.

The TDA is currently on a recruitment drive through video networking website YouTube, showing five "real and creative" school science lessons that aim to prove that the topic is fun and great to teach.

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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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