Workers' pay rises stuck at 2 per cent; In Brief.
THE going rate for pay rises is "firmly stuck" at 2 per cent, although public sector workers are receiving less, a new study has shown.
Research by pay analysts XpertHR showed median rises were 2 per cent in the three months to June, unchanged from the quarter to April.
Details of more than 300 pay settlements, covering almost 2.5 million workers, found that half were worth between 1.5 per cent and 2.5 per cent, while one in six resulted in a rise of 3 per cent or more.
Public sector increases were worth 1.5 per cent in the latest period.
Sheila Attwood, of XpertHR, said: "The going rate for pay awards across the economy is firmly stuck at 2 per cent.
"However, with the Chancellor announcing that pay awards in the public sector will be restricted to 1 per cent for a further four years from 2016-17, the divide between the value of increases in the public and private sectors is likely to prevail for many years to come."
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|Publication:||Coventry Evening Telegraph (England)|
|Date:||Jul 27, 2015|
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