Printer Friendly

Pay awards set to stay at 2 per cent; In Brief.

MOST pay awards have been around 2% this year and are expected to remain the same in 2016, according to a new report.

A study of more than 80 settlements in recent months found the median increase was 2 per cent.

Pay analysts XpertHR said increases in the public sector were worth a median 1.5 per cent in the year to October.

Sheila Attwood, of XpertHR, said: "As pay bargaining for 2015 draws to a close, we don't expect any shocks in the level of awards being made.

"Our data shows that 2 per cent is firmly locked in place as the headline pay award for 2015.

"It also suggests that we are looking at more of the same in 2016."

TUC general secretary Frances O'Grady said: "While private sector pay settlements continue to show real gains, future improvements to living standards will depend on stronger earnings growth. Next week's spending review is a chance for the Government to bring forward an industrial strategy that supports more better-paid jobs by improving skills and investing in modern infrastructure."

COPYRIGHT 2015 Coventry Newpapers
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2015 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Business
Publication:Coventry Evening Telegraph (England)
Date:Nov 23, 2015
Words:178
Previous Article:Boris hails stateof-the-art trains; In Brief.
Next Article:BEST OF THE BOX.

Terms of use | Privacy policy | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters