Category Archives: Pay settlements

Settlements in brief: private sector median at 2.6%

Our latest analysis of pay settlements shows that the median held steady at 2% in the three months to October 2016. The median has remained constant at 2% for 10 consecutive rolling periods, since the three months to January 2016. However, this figure is not necessarily representative of awards across all the different sectors of the economy. Continue reading Settlements in brief: private sector median at 2.6%

Settlements in brief July 2016: Median holds steady at 2%

Our latest analysis of pay settlements, for the three months to the end of June 2016, shows the median holding steady at 2%. The interquartile range – where half of all awards sit – has narrowed slightly to between 1% and 2.6% in the latest period, driven by a greater clustering of outcomes in the not-for-profit sector.  Continue reading Settlements in brief July 2016: Median holds steady at 2%

Whole economy median pay settlement of 2% masks sectoral variation

The median pay settlement across the whole economy has remained steady at 2% in the three months to April 2016, according to the latest monitoring figures from IDR’s Pay Climate. The median award has been constant for four consecutive rolling periods, since the three months to January. However, this figure is not necessarily representative of awards across the different parts of the economy where pay outcomes have varied. In this key period for pay setting, higher awards have been reached in the private services sector where the median is 2.5%. Meanwhile, lower awards have been paid in the not-for-profit sector as well as in the public sector, most of which is still formally subject to the Government’s 1% pay cap policy, though variations have begun to appear. Continue reading Whole economy median pay settlement of 2% masks sectoral variation

Settlements in brief: April pay awards show rise in proportion of higher-end increases

Our next detailed analysis of pay settlements will appear in our regular Pay Climate e-bulletin at the end of the month. However, ahead of this we took a look at the figures to see what they might indicate. The figures for the three months to March, based on some 70 awards, show a median of 2%, and a fairly narrow interquartile range between 1% and 2.5%. The average is the same as the median, at 2%. Continue reading Settlements in brief: April pay awards show rise in proportion of higher-end increases