Settlements dip to 2.8%


Pay settlements have experienced a dip over the last two months.


The median (midpoint) increase on lowest rates for collective agreed deals from LRD’s Payline database was 2.8% for the three months to September — down from the revised increase for August of 2.9%. 


The private sector median increases were also 2.8% against 2.9% in August, while the public sector increase was unchanged at 3.0%.


The standard increase for September — the increase received by most grades — was 2.5%.


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