Workplace Report (June 2020)

Pay and prices

Public sector sees sole rise in crisis

Our data shows pay settlements stayed steady in May, but this is unlikely to reflect a true picture. The coronavirus crisis means some bargaining has been suspended, so there is a disproportionate influence in the data of subsequent stages of previous pay.

In May, the median pay increase in collectively agreed settlements from LRD’s Payline database fell to 2.6% from the 2.7% for April.

Official figures for average weekly earnings in April for regular pay (excl. bonuses) in the whole economy showed a -0.9% drop, reflecting the impact of the crisis on the private sector, particularly manufacturing, construction, wholesale, retail, hotels and restaurants. However, the public sector saw a 2.8% increase.

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

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


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