Survey analysis

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Key points
- Table 1: Summary of pay awards by industry sector
Finance: Basic awards worth more than merit paypots
Hotels, catering and leisure: Awards driven by statutory increases
- Sharp increase in settlement levels
Information and communication: All pay measures on the up
- Median jumps to 3.5%
Professional and business services: Settlements recover from last year's low
- Settlements bounce back
Retail and wholesale: Additional mid-year increases awarded
Transport and storage: Dramatic turnaround in fortunes

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Review of pay awards 2022: Private-sector services

Across private-sector-services firms, pay awards are in line with the whole economy but some industries have performed better and are delivering higher increases to employees.

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Published date: 6 October 2022
Publisher: XpertHR

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Survey analysis

Review of pay awards 2022: Private-sector services

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