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Date: 20/08/08 
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Inflation

Retail Prices Index

June 4.6%
May 4.3%
April 4.2%

Source:
Office of National Statistics

Pay Deals

Average pay settlements to May 2008 (exc. bonuses)

Private Sector 3.8%
Public Sector 4.0%


Source:
Office of National Statistics

employee rewards & benefits news

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02-Jun-08 11:15 [Pay and Reward]
Travel company carries out staff survey on training schemes
Travel company Thomas Cook has enlisted the help of the CQL group to conduct a survey of its staff to look at management practices and training programmes.

In a bid to improve effectiveness, around 2,700 employees from the company were asked for their views on guidance given by management and how effective training and development programmes were towards assisting their work.

Following its merger with My Travel last year, Thomas Cook is looking to make sure that it can still meet the criteria for the Investment in People standard, according to a report on Employee Benefits.

John Telfer, managing director of CQL Group, said: "If you do not offer learning and development opportunities, employees will not see a career path and [will] look elsewhere to achieve their ambitions.''

The survey was conducted electronically and the results will be used to direct management practices in the future and to asses the effectiveness of employee inductions and appraisals.

Recently the Natural History Museum in London received the Investors in People standard making it one of only a few UK museums to be accredited.

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The job evaluation scheme of the NHS, Agenda for Change, was confirmed as unreliable in providing evidence of a job's previous value, it has emerged. Find out more>
High-street retailer Marks & Spencer (M&S) is planning to cut redundancy benefits for 60,000 staff, with the possibility of up to 25 per cent being wiped from the maximum claim, it has emerged. Find out more>
Pension credit rises will be wiped out by inflation, resulting in two million pensioners losing up to £100 this year, it has been claimed. Find out more>

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