XpertHR's latest review shows little change in the level of pay awards as we approach the end of the year.
Pay settlement levels were subdued over the past year, but is the relaxation of pay controls in the public sector likely to flow through to higher pay awards in the private sector over the next year? We look at the prospects for pay awards into 2018.
XpertHR data for the three months to the end of September shows no movement in the level of the median basic pay award.
Pay awards across the private sector are worth a median 2% in the year to the end of August 2017, but some variation exists by industry.
Low pay growth continues in the charity sector.
The chemicals sector, once renowned for awarding higher pay rises than others, is now awarding increases at the same level as other parts of the economy.
The construction industry has recorded one of the highest median pay awards of any sector over the past year.
More pay deals pitched at a higher level than last year as median in the utilities sector rises to 2%.
Engineering sector pay awards are flat at 2% despite more buoyant trading conditions.
Finance sector pay awards remain at 2.5%, despite a robust operating background.
HR and legal information and guidance relating to pay awards/rises.