There has been little movement in the level of pay awards over the past year, but are things looking up for employees in 2017? We examine the pay awards that employers expect to make over the next year, and the factors that are influencing these.
XpertHR data for the three months to the end of September shows a drop in the level of the median pay award.
Engineering pay awards stabilise at 2%, despite shaky industry confidence.
The food, drink and tobacco sector pay awards held steady over the past year, matching the UK as a whole.
There has been a marked slackening in the pace of pay setting in the professional and business services sector over the past year.
Retail and wholesale pay awards have remained constant at 2% in the face of the introduction of the national living wage and fluctuating sector performance.
Pay awards slacken in the transport and storage sector, but some skills shortages prevail.
While industrial relations issues have hit some parts of the sector, others are trying to make the most of the downturn in the oil and gas market.
With continued shortages of skilled construction workers, it should come as no surprise that the sector's pay levels have held up well over the past year with the median increase pitched above those for the economy as a whole.
Once again there has been a sharp decline in the value of the median basic pay award in this vital sector.
HR and legal information and guidance relating to pay awards/rises.