Pay deals at year-high


Pay settlements finished on year-high, LRD Payline data shows.


In December, the median rise of 3.0% on the lowest grade in collectively agreed settlements was up from the revised figure of 2.5% for November.


The standard increase for December — the rise received by most grades — was lower at 2.5%.


Official data for average weekly earnings, excluding bonuses, for the whole economy posted a 2.4% increase in November — unchanged on October. The headline three-monthly rate was also 2.5% in November.

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

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