Editor's message: Most organisations will conduct a pay review each year, which may or may not result in a pay rise for employees.
At the time of your organisation's annual pay review, data on the pay rises that other organisations in the same and similar sectors are awarding can be invaluable - indicating the "going rate" for pay settlements - and you are also likely to want to take the latest official data on inflation and earnings growth into account. Ahead of the busy January and April pay settlement dates, information on the pay awards that employers are forecasting for the months ahead is likely to be particularly useful.
Some employers vary the level of pay rise they make dependent on a measure of employee performance. In addition to being a mechanism to reward high-performing employees, this can help create a high-performing culture within your organisation.
Sheila Attwood, managing editor, pay and HR practice
The XpertHR Housing Sector Salary Survey provides market rates, pay intelligence and labour market trends for this important sector. Findings are based on over 150,000 employees.
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.
We provide an overview of pay settlement levels over the past year in each of the key industries of the economy.
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.
In what has been depicted as a difficult year by union negotiators operating across the sector, pay rises in the electricity, gas and water sector stand in line with the private sector as a whole.
A gloomy pay picture emerges across parts of the engineering and metals sector though pockets of optimism remain.
Overall pay settlement levels in the general manufacturing sector have held up well over the past year, but underlying pressures are evident.
The median basic pay settlement across the information and communication sector comes in at 2.5% over the year to the end of August 2019, the same as the corresponding period in 2018.
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.
Pay awards in the not-for-profit sector saw a slight increase in value in the year to the end of August 2019. However, they still fall some way short of the whole economy median.
HR and legal information and guidance relating to pay awards/rises.