Category Archives: Pay settlements

Pay reviews – Manufacturing pay awards edge up

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.

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Retail pay: an increase in higher-end pay awards

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.

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Rise in higher-end awards prompts return to trend for pay rises

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.

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Pay reviews – Median back up to 2.5% on foot of higher private sector awards

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.

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Pay reviews – One third of pay awards at or above 3.0%

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.

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Pay reviews – August median remains at 2.5%

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.

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