Economy
Our analysis of pay awards in the chemicals, pharmaceuticals and oil sector over the past year finds them among some of the highest across the economy.
Pay settlements in the construction sector have remained stable over the past year, although some of the industry-wide deals have resulted in more generous awards.
Wage rises in the hotels, catering and leisure sector have kept up with those across the economy as a whole, with many employees gaining from increases to the national minimum wage rates.
Pay awards in the information and communication sector have risen over the past year, with pay awards based on performance giving rise to particularly healthy increases.
Pay awards in the professional and business services sector have not kept pace with those in other sectors of the economy, our analysis of pay settlements over the past year finds.
The utilities sector regains its place as the sector making the highest pay awards over the past year.
Retail pay awards match the private sector at 2.5% despite a tough trading environment.
Engineering pay awards come in above the whole-economy norm but employers face an uncertain economic climate.
Finance awards for the 2017/2018 pay round are slightly ahead of the rest of the private sector at 2.7%.
We analyse the most and least common months for pay settlements to take effect, and provide insight into when in the year organisations plan their pay reviews.
Survey analysis: HR and legal information and guidance relating to the economy.
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© 2019 Reed Business Information Ltd
© 2019 Reed Business Information Ltd