Alastair Hatchett's slide pack from the March 28 2012 PM Webinar where will pay go in 2012 sponsored by Thomson Reuters

1. Alas tair H atch e tt ID S H e ad of Pay and H R S e rvice s

2. Cu r n p e s r so p y
ret rsue n a
• M s p y is sh v l g e b h din l t no e
o t a r e a e a g d e in f a io v r
r c n ya s
e e t er
• T e eh sb e as b t n ia f l inh u e o d
h r a en u sa t l al o sh l
in o e s c 2 0
c m s in e 0 8
• L r ec m a ie h v b c m c s r hb t e k
a g o p n s a e e o e a h ic u w a
e o o ico t o km a ss r t a hc n r l
c n m u l o e n t ic c s o t o s
• I P y o kf d am d np y is o 2 in2 1 ,
DS a .c .u in s e ia a r e f % 0 0
2 % in2 1 r in t 3 in2 1 ( t ef s
.5 0 1 is g o % 0 2 in h ir t
mnh)
o ts
• R c s io a da s e it h sb e u e e : s m
e e s n n u tr y a e n n v n o e
s c o sh df e z sw il o h r d n t
e t r a r e e h e t e s id o
2

3. Dis r u io o p y e t e e t :
t ib t n f a s t l m n s
I Py o k
DS a .c .u
3

4. E p c e t e d in2 1
xe td r n s 0 2
• M n f c u in m r o t is ica o t 0 2 a t r
a u a t r g o e p im t b u 2 1 , f e
s o d w ina t m 2 1
lwo n uu n 0 1
• R I f a io t f l , w il m d s r eing o t
P in l t n o a l h e o e t is r wh
• P iv t s c o p y t .5t 3 %, w h2 % o
r ae e t r a a 2 o .5 it 2 f
d a sa 4
e l t %+
• M im m a et r eb 1 % inOc o e 2 1
in u w g o is y .8 tbr 0 2
• P b ics c o l r e y r z nin2 1
u l e tr agl foe 0 2
• P y e ie b d st r s a c r g n l a
a r v w o ie o e e r h e io a p y
vr t n
a ia io s
• P iv t s c o a a d m y a c o e c e
r ae e t r w r s a mt h r x e d
in l t nin2 1
f a io 0 3
4

5. P b ic&p iv t s c o r t so p y
ul r ae e t r ae f a
go t 2 0 -1
r w h 0 51
( A verage Weekly E arnings : total pay, not s eas onally adjus ted)
Source: ONS
5

6. R c n p y e l int ep iv t
e e t a d as h r ae
sc o :I P y
e t r DS a
Co p n
ma y P y c es
a in r a e
Ie a dF o s
c ln o d 5% Oc o e 2 1
tbr 0 1
Jg a L n R vr
aur ad o e 6 % No e b r2 1
.1 vme 0 1
F r
od 6% No e b r2 1
vme 0 1
Ne w r R il
t ok a 5 % Jn a y 0 2
.7 aur 2 1
BT 3% Jn a y 0 2
aur 2 1
6

7. B n sp y e t in2 0 - 0 1 s u c
o u a mn s 0 02 1 : o r e
ONS
7

8. A e a eW e l E r in sb s c o :
vr g eky a n g y e t r
s u c ONS
ore
8

9. V r de p r n e o p y n
a ie x e ie c s f a a d
b n ss
o ue
• F a c s c o h sh ds l r r e e c y a ,
in n e e t r a a a a y is s a h e r
b t o e b n ss
u l wr o ue
• Hig e dr t il n s p r a k t h dn p y
h n ea a d u e mr es a o a
f e z sa dg o b n s s
r ee n o d o u e
• Ca in u t y a f e z sa ds o t im in2 0
r d sr h d r ee n h r - e t 0 9
b t e o de p r sin2 1 a dr c n p y is s
u r c r xo t 0 1 n eet a r e
o 5a d6
f n %
• Co s r c io h dw e p e df e z so e t o
n t u t n a id s r a r e e v r w
y a sa ds m l wr e r c n l
er n o e o is s e e t y
• L w rp y gs c o sh v f l o e m im m
o e a in e t r a e o l w d in u
wg r e o 2 t 2 %
a e is s f .2 o .5
• P b ics c o p y r z nf r2y a sa dt e
u l e tr a foe o er n h n
c pe a 1
apd t %
9