No movement in pay settlements end 2011

Pay settlement figures from the Labour Research Department’s Payline database show that, in the three months to December, the average was unchanged at 2.5%. While the private sector median was 2.5%, in the public sector it was only 2.0%.

There was an increase to 2.5% in the service industries and a similar rise for non-manual workers.

Early results from the Payline database show that negotiated pay settlements are centring around the 3% mark at the beginning of 2012, slightly higher than at the end of last year when they were hovering around 2.5%. Median pay rises of this sort, if sustained, would indicate a return to a settlement level last seen in the first half of 2011.

Details of recent settlements can be viewed by following the link below.

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