Pay deals rise down to 2.1% 


The percentage rise in collectively agreed pay deals dipped in May.


Settlements from Labour Research Department’s Payline database for the three months to May show a midpoint (median) increase on lowest pay rate of 2.1%. That’s a fall back on the 2.2% rise for the three months to April.


However, if the standard increase — what most workers or grades received — is taken, the midpoint increase was steady at 2.0%.


The increase for the 2015-16 pay round so far also stands at 2.0%


Pay analysts XpertHR saw their median rise for the whole economy rebound back to a 2.0% increase from 1.8% in the three months to April.


In the three months to April, the official Average Weekly Earnings figure for the rise in total pay, including bonuses, for the whole economy was unchanged at 2.0% on the three months to March.


In manufacturing, growth was down to 1.6% from 1.7% as was growth in services.


For the private sector, the increase was 2.1% against 2.2% the previous month. In the public sector, including financial services, earnings growth was up to 1.7% from 1.6%; if financial services are excluded, growth was up to 1.8% from 1.7%.


The three-monthly increases in regular pay, excluding bonuses, for April were: whole economy 2.3% (2.2% in March); private sector 2.4% (2.4%); public sector, including financial services 1.7% (1.6%); public sector, excluding financial services 1.8% (1.7%); services 2.0% (1.9%); and manufacturing 1.8% (1.9%).

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

www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/june2016