Pay awards fall back to 3%
A decline in pay settlement levels disguises the wide range of April pay deals so far, with more awards settled at both the top and bottom of the scale.
On this page:
IRS
pay databank - key findings
Inflation falls
Table 1: Private sector
pay awards, April 2006 to April 2007
Chart 1: Pay review
pattern, April 2006 to April 2007
Table 2: Whole-economy
pay awards, April 2006 to April 2007
Box 1: State of play in
key negotiations
Provisional analysis of pay settlements collected for the three months to 30 April 2007 reveals a sharp decrease in the IRS measure of pay awards - the midpoint in the range of basic pay deals - to 3%.
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