Pay and prices
Settlements stick at 2.4%
The median percentage increase for settlements from LRD’s Payline database of collective agreements was 2.4% for the third consecutive month. At the start of the pay round the median was just 1.4%.
The impetus for the overall rise has come fom the private sector and manual workers where the median was 2.4% and 2.5% respectively.
In the three months to June, the “standard” median increase that is, what most grades or workers got in was slightly lower at 2.2% but has held at that rise since April.
The annual increase, based on workers covered, was 2.4% in June.