Settlements on upward curve


Pay settlements put on a spurt in November, LRD Payline data shows.


November’s median rise of 3.0% on the lowest grade in collectively agreed settlements was up from the revised rise of 2.4% in the three-month period ending October.


If the standard increase is taken — the rise received by most grades or workers — the three-monthly median rise was up to 2.5% in November from the 2.0% rise in the three-month period ending October.


Official data for average weekly earnings, excluding bonuses, 
revealed a 2.4% increase in October against the revised rise for September of 2.3%.

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

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