Workplace Report January 2020

Pay and prices

December rise of 2.6%


Last year finished on a down as far as pay settlements are concerned.


In December, the median pay increase in collectively agreed settlements from LRD’S Payline database was 2.6% — the lowest monthly percentage increase in 2019. 


The private sector fared as little better with a 2.9% increase at the end of the year, but even that was below the 3.0% increase for the previous five months. The public sector matched the overall increase.


Official figures for November for the regular pay (excluding bonuses) in the whole economy show a 3.3% increase against 3.2% in October.

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

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