While the median pay rise has remained steady in our latest analysis, for the three months to February, the lower quartile across the private sector has edged up a little. This is mostly as a result of outcomes in manufacturing, where fewer below-median settlements have taken place and the number of higher-end awards has remained high.
Despite difficulties across the retail industry, there was a positive shift in the number of higher-end pay awards in the sector in 2018. Nearly a quarter of all pay awards were worth 4% or more according to the latest report on pay and conditions in retail by IDR, with the proportion of pay awards at this level up by 5% on the previous year. Higher-end awards were found across the sector, in both larger and smaller organisations, with supermarkets leading the way in improving pay for their shop-floor staff.
The median pay award across the whole economy was 2.5% in the three months to January 2019, according to the latest monitoring figures from IDR. The interquartile range has widened from between 2% and 2.5% to between 2% to 3%. This reflects a rise in the number of higher-end awards compared to the last analysis period, with over a quarter of pay awards worth 3% or more, set against around a tenth of awards at this level in final three months of 2017.
The median pay award for the last three months of 2018 remained at 2.5% across the whole economy, according to the latest figures from IDR. This is consistent with the overall median of 2.5% for the economy during 2018. We also take a first look at January deals.
The median pay increase across the whole economy remains at 2.5% in the three months to the end of November 2018, according to the latest figures from IDR. The private sector median is also steady at 2.5%
Our latest analysis shows the median pay award across the economy back at 2.5% for the three months to the end of October 2018, having dipped to 2.4% in September. The interquartile range has widened marginally from between 2% and 2.8% to between 2% and 2.9% and the average has also ticked up, under the influence of more higher-end awards in the private sector, with a quarter of pay awards worth 3% or more in the latest period.
While the median pay increase across the economy remains steady at 2.5%, the proportion of awards at or above 3% has increased in the three months to the end of September 2018, according to the latest monitored figures from IDR. The private sector median also remains at 2.5%. The proportion of higher awards, ie those at or above 3.0%, account for a third of all the awards in the sample, up from a quarter in the previous period.
The median pay award across the whole economy remains at 2.5% in the three months to the end of August 2018, according to the latest figures from IDR. The median remained steady in both the private and public sectors, at 2.5% and 2.0% respectively. Awards at firms in the manufacturing area produced an increased median of 2.8%, up by 0.4% since the three months to July with a similar sample size.
A majority of UK firms (70%) improve on statutory maternity pay of £145.18pw, according to IDR’s survey of maternity and paternity provisions. The most generous occupational maternity pay policies are on offer within the manufacturing and primary sector. Among the 53% of employers in this sector that offer enhanced maternity pay, mothers are typically eligible for around 19 weeks’ full pay. The lowest-value enhanced maternity pay policies are found within private services, where they are worth around 12 weeks’ full pay.
For the sixth consecutive month, the median pay award across the whole economy stands at 2.5%, with the private sector median also holding steady at 2.5% in the three months to the end of June 2018. The median continues to be influenced by a number of higher awards at or above 4% which together account for a tenth of all rises in the sample.
Continue reading Pay reviews – Median remains at 2.5%