Pay awards confirmed as losing pace with inflation

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Employers have given a median 2% pay award to their employees over the three months to the end of May 2017, according to the latest data from pay analysts at XpertHR.

Posted inNews archiveon29 Jun 2017

This is the sixth consecutive rolling quarter that pay awards have stood at 2%. Although this is an improvement on the rate of increase seen over the autumn 2016 months, it continues to demonstrate the lack of movement back to pay award levels from before the recession. In the run-up to 2009, pay awards rose from several years at 3%, up to 3.5% and beyond.

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