There has been a downturn in settlement levels in the chemicals, pharmaceuticals and oil industry over the past 12 months, with the median basic pay rise slipping back from 2.7% in 2018 to 2.5% over the 12 months to the end of August 2019.
Above-trend nationally negotiated settlements combined with persistent skill shortages, notably of bricklayers and carpenters, have helped to keep the construction industry's pay deals above those elsewhere in the private sector.
XpertHR's analysis of wage reviews in this diverse sector finds that basic pay deals are worth a median of 2.5% over the year to the end of August 2019, unchanged on the position 12 months ago, although on a matched sample basis around 40% of monitored reviews culminated in a lower percentage increase than the same employees received in 2017/2018.
Our analysis of the past year's settlement activity finds that the median basic pay rise among professional and business services employers was 2.2%, below par when compared to many of the other sectors covered in XpertHR's latest round up.
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