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Has a blanket of pay freezes suddenly engulfed the UK?
A new survey from the CIPD, published today, claims that only one in four employees in the UK have had a pay rise this year. The BBC picked up the CIPD finding and headlined it as Pay freeze ‘for 75%...
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Analysis of earnings made more complex by bonus falls in finance
Most coverage of the Average Weekly Earnings (AWE) figures released on 20 June was about the weakness of earnings growth and the impact of this on consumer spending. While earnings growth is not as...
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How can settlements and earnings show different figures but both be in line...
The latest analysis of pay settlements from IDS (£) shows that the median pay award is 2.5 per cent in the three months to the end of March. While the median settlement is unchanged on the previous...
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What is a pay settlement?
Each month as part of our pay settlement analysis, IDS produces the median figure for basic pay awards across the economy. This headline figure provides a ‘typical’ increase for employees at the...
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