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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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07-Aug-08 11:15 [Pay and Reward]
Underground staff in 24-hour strike
Workers on the Metropolitan Line of the London Underground have begun a 24-hour strike today in a dispute over staff transfers, it has been reported.

The BBC stated that at 0530 BST, 70 members of the Rail and Maritime Transport (RMT) union walked out from their posts after five workers had been informed of a station change, even though several had moved to different accommodation to be closer to work.

It added that a spokesman for Transport for London said that the strike was unnecessary as some parts of the network needed staff, with the five being moved from stations with enough workers.

The news provider also noted that no stations were closed due to the strike.

Last month, the sacking of a colleague saw 100 RMT workers walking out of positions in Elephant and Castle, Charing Cross and Lambeth North after staff member Jerome Bowes allegedly struck a member of the public on New Year's Eve in self-defence, the London Daily News reported.

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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>
19-Aug-08 [Pay and Reward]
Non-exec pay rises 'slow again'
A study published yesterday showed that pay rises for non-executive directors have "slowed again", it has emerged. Find out more>
19-Aug-08 [Pay and Reward]
Eurostar cleaners to strike over pay
Over 120 train cleaners employed by Eurostar are planning to strike over Bank Holiday Monday in order to secure London Living Wage (LLW), it has emerged. Find out more>

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