Pay awards weaken as January approaches

The latest analysis from IRS finds pay settlements running at 3.3%, with the split between the public and private sector more distinct than ever.

On this page:
Sectoral trends
Key findings from the IRS pay databank
Table 1: Private sector pay awards, November 2006 to November 2007
Chart 1: Pay review pattern, November 2006 to November 2007
Table 2: Whole-economy pay awards, November 2006 to November 2007
Box 1: State of play in key negotiations

Analysis of pay settlements added to the IRS pay databank in the three months to the end of November 2007 reveals that the median - or midpoint in the range - basic pay award has dropped slightly to 3.3%.