Incomes Data Services: Difference between revisions
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{{Infobox company |
{{Infobox company |
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| company_name = '''IDS - Incomes Data Services''' |
| company_name = '''IDS - Incomes Data Services''' |
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| company_logo = [[File:Incomes Data Services logo. |
| company_logo = [[File:Incomes Data Services logo.svg|170px|IDS logo]] |
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| company_type = [[Subsidiary]] |
| company_type = [[Subsidiary]] |
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| foundation = 1966 |
| foundation = 1966 |
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Revision as of 19:47, 14 January 2012
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| Company type | Subsidiary |
|---|---|
| Industry | Employment information |
| Founded | 1966 |
| Headquarters | London, United Kingdom |
Key people | Lynne Lees, Head of IDS; David Layton, founder |
| Owner | Thomson Reuters / Sweet & Maxwell |
| Website | www.incomesdata.co.uk |
Incomes Data Services Ltd (IDS) is a research organisation dedicated to employment-related areas. It provides original research, analysis and training on pay benchmarking, pay settlements, HR policy and practice, pensions law and practice, and employment law. IDS publishes numerous journals and books, has several subscription websites, and undertakes contract research.
IDS has a blog www.idseye.com with contributors from its publications on labour market, pay, HR and employment law issues.
IDS publications and information services are used by companies, voluntary associations, public sector organisations, consultancies, trade unions[1], lawyers, specialist advisers and academics. Major IDS customers include the Employment Tribunals Service and Acas.
History
IDS was founded by David Layton[2] in 1966 with the aim of providing accurate and timely information which could be put to practical use by all those involved in determining pay, benefits and related employment policies in Britain. The company was the first to provide this information. As the employment law field became more complex IDS launched more information services covering new areas.
IDS was acquired by Thomson owned Sweet & Maxwell in September 2005.[3]
Thomson acquired Reuters in 2008, becoming Thomson Reuters, the world's leading source of intelligent information for businesses and professionals.
Products and services
IDSPay.co.uk
An online repository of all remuneration information collected by IDS including data on pay levels, pay settlements and executive compensation.
Fortnightly journal and online resource centre monitoring developments in pay and conditions for more than a thousand employee groups a year, reporting on changes in named organisations, and providing insight into the pattern of pay awards. IDS pay research is regularly cited by the Low Pay Commission in its reports and recommendations to the UK Government on the level of the National Minimum Wage.[4]
Monthly journal providing information on all aspects of pay and remuneration practice for managers and professionals, giving guidance on market trends, new ideas in reward strategy and the latest benchmarking data.
IDS Pay Benchmark Service
The Pay Benchmarking Service allows companies to check pay levels for scores of office and shopfloor jobs in leading organisations.
IDS Pay Report Resource Centre
The online element of the IDS Pay Report subscription service, bringing together all the current pay structures and agreements published in the journal together with other agreements collected by the IDS research team.
Fortnightly journal and online service which analyses HR policies, procedures and best practice from hundreds of named organisations.
The twice-monthly journal IDS Employment Law Brief provides comment on employment law for legal and HR professionals. It covers key cases in the courts and tribunals, and assesses the practical implications for organisations. The journal is accompanied by an online service and handbooks and guides on all areas of employment law.
IDS Pensions Service
A journal, now closed, which alongside handbooks, gave guidance on the world of occupational pensions.
IDS Pensions Law Reports
A monthly case-reporting service and online archive, providing analysis of all significant pensions law cases.
IDS International Employment Guides
Information on HR and employment issues across a range of countries.
Other Services
IDS also undertakes contract research for individual companies and organisations, and annually runs a series of conferences and seminars on employment issues.
IDS in the press
The Guardian: Boardroom pay soars despite fragile economy and prospect of strikes - 16 June 2010
Daily Telegraph: Pay freezes remain at fifth of organisations despite economic growth - 3 June 2010
The Guardian: Fair pay: will CEOs play ball with Hutton? - 18 May 2010
Daily Telegraph: Workers suffer from fall in income - 6 May 2010
IDS websites
www.idspensionslawreport.co.uk
References
