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Pay rises static.

THE rate of pay rises has remained unchanged in recent months, averaging three per cent a year, says a new report.

Settlements in private firms and the public sector have been the same, according to a study by Industrial Relations Services.

Half of all deals in the public sector were worth between 3 per cent and 3.2% in the year to October.

Sheila Attwood, of IRS, said: "Our figures provide a now-familiar picture of the benign state of UK pay bargaining.

"In the three months to the end of October 2005, the median - midpoint in the range - basic pay award across the economy stood at 3%.

"All eyes are now on the busy New Year bargaining round to see how employers react to slowing headline inflation."
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Publication:Coventry Evening Telegraph (England)
Date:Dec 2, 2005
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