Agreements show a 2.4% rise


Settlements showed some improvement in October.


Data from the LRD Payline database of collective agreements show that in the three months to October the midpoint (median) increase for all agreements was up to 2.4% from the 2.2% rise for September.


The private sector outperformed the overall median rise with a 2.5% median rise — up from 2.3%, but there was no change in 1.4% rise in the public sector. 


Manual workers saw an increase of 2.5% against 2.3% the previous month. For non-manual workers, the increases were 2.3% in October against 2.1% the month before.


The median rise for the whole economy recorded by pay analyst XpertHR remained at 2.0% for October — and has been at that level for most of 2015. 


The latest official statistics on Average Weekly Earnings show that in the year to September total pay, including bonuses, rose by 2.0%, well down on the revised figure of a 3.2% rise for August.


The manufacturing sector posted a 1.2% increase, down from 1.7% the previous month. In services, the increase was down to 2.0% from 3.2%.


For the private sector as a whole the increase was 2.2% against 3.6% the previous month.


The 1.3% rise in the public sector, including financial services, was up on the 1.2% rise for August 


The monthly rises for regular pay, excluding bonuses, in September were: whole economy 1.9%; private sector 2.1%; public sector 1.3%; services 1.7%; and manufacturing 1.6%.

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