For the first time in the history of the IRS Employment Review’s analysis of pay settlements the median pay award for 2008-2009 has resulted in zero being the norm.
In other words, a pay freeze except for financial services ran through the majority of settlements in 2008-09. Of the employers surveyed, 25 per cent indicate that they have not decided on possible pay offers for 2010, but that they are again likely to make no offer on pay.
There is some indication of a 2 per cent median for others. Pay freezes are indicated across the public sector by all politicians for 2011.