Workplace Report (September 2018)

Pay and prices

Pay deals are back to 3.0%


It’s back to as you were for pay deals after a dip in July.


The three-monthly median (midpoint) for collective agreed deals from LRD’s Payline database was 3.0% in August – up from 2.8% for July.


Private sector deals were unchanged at 2.8% for the latest two months, while public sector deals are up to 3.5% from 3.3%.


For official weekly earnings figures, there was 3.1% growth in regular pay, excluding bonuses, in July. Growth in the private sector was up to 3.2% from 2.9%, while in the public sector, excluding financial services, it was up to 3.1% from 2.6%.

www.lrd.org.uk/index.php?pagid=18

https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/earningsandworkinghours


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