HR REWARD AND BENEFITS


Positive and negative pressures on 2012 reward


43% 60%


21% of employers have frozen pay this year, compared to 31% in 2011


of employers are under pressure to decrease pay further


of all employers with a short-term incentive plan expect bonus payouts to be on or above target in 2012, in response to performance during 2011


2011


= 8.2% 2007


= 5.3%


Public sector workers earned 8.2% more per hour than their private sector counterparts in 2011 – up from 5.3% in 2007


Sources: Hay Group, Globoforce, Legal & General, ONS


of staff believe money spent on large executive bonuses could be better spent elsewhere in the business...


call for an employee recognition programme


... and when asked how they would spend this money,


87% 35%


hrmagazine.co.uk


HR Supplement September 2012 33


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36