Personnel Today
  • Home
    • All PT content
    • Advertise
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Equality, diversity and inclusion
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • XpertHR
    • Learn more
    • Products
    • Pricing
    • Free trial
    • Subscribe
    • XpertHR USA
  • Webinars
  • OHW+

Personnel Today

Register
Log in
Personnel Today
  • Home
    • All PT content
    • Advertise
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Equality, diversity and inclusion
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • XpertHR
    • Learn more
    • Products
    • Pricing
    • Free trial
    • Subscribe
    • XpertHR USA
  • Webinars
  • OHW+

Latest NewsPay settlements

Pay awards at 2.5% for third consecutive quarter

by Ashleigh Webber 26 Apr 2018
by Ashleigh Webber 26 Apr 2018

Pay awards in the first quarter of 2018 stood at an average of 2.5% for the third consecutive rolling quarter, according to XpertHR.

The last three quarters marked the longest period of time since 2012 that pay awards have been above 2%. Pay awards have not been higher since the end of 2008.

XpertHR suggested that this higher rate of pay might remain, as 61.5% of pay deals were worth more than what was paid to the same employees during the same period last year.

Pay awards

Forecasts for pay awards in 2018

Its analysis of 227 pay awards made in the three months to the end of March revealed that the middle half of all pay deals were worth between 2% and 3%, compared to the 1.5% and 2.3% recorded last year.

The most common pay award was 2.5% – up from the 2% that had dominated pay offers for a number of years.

XpertHR pay and benefits editor Sheila Attwood commented: “We are now seeing a definite upturn in the level of pay awards made by employers. And early indications from some April pay awards – the busiest month in the pay setting calendar – are that 2.5% will become the benchmark pay award for 2018.”

Pay deals in the manufacturing and production sector remained at 2.6% in the first quarter of the year, remaining at their highest level since June 2012.

In the services sector, median pay awards increased to 2.5% – their highest since March 2012.

XpertHR last month predicted that pay awards in 2018 would be at their highest for almost four years, with the median pay increase this year expected to be 2.5%.

Its survey of more than 200 private sector organisations found that almost a third (28.9%) expected to offer their staff 2%, one in 10 (11.4%) expected to increase employees’ pay by 4%, while 5.3% of employers expected a pay freeze.

Ashleigh Webber
Ashleigh Webber

Ashleigh is editor at OHW+ and HR and wellbeing editor at Personnel Today. Ashleigh's areas of interest include employee health and wellbeing, equality and inclusion and skills development. She has hosted many webinars for Personnel Today, on topics including employee retention, financial wellbeing and menopause support. Prior to joining Personnel Today in 2018, she covered the road transport sector for Commercial Motor and Motor Transport magazines, touching on some of the employment and wellbeing issues experienced by those in road haulage.

previous post
Gender pay gap investigations to begin in June, warns EHRC
next post
A quarter of older workers consider leaving because of their health

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

You may also like

Graduate and apprentice salaries shoot up in war...

15 Aug 2022

Royal Mail strike: Union urges it to ‘get...

10 Aug 2022

Nurses set to vote on strike over pay

9 Aug 2022

Top earners’ pay soars by 10% while lowest-paid...

8 Aug 2022

Office could be sanctuary for workers fearing winter...

4 Aug 2022

Inflation forecast to hit 13% in autumn says...

4 Aug 2022

RPI inflation forecast to reach 18% says think...

3 Aug 2022

Liz Truss: Diversity jobs cull but U-turn on...

2 Aug 2022

RMT raises prospect of a general strike

28 Jul 2022

Train drivers set strike date for August

27 Jul 2022
  • 6 reasons why work-based learning is better than traditional training PROMOTED | A recent Fortune/Deloitte survey found that 71% of CEOs are anticipating that this year’s biggest business disrupter...Read more
  • Strengthening Scotland’s public services through virtual recruiting PROMOTED | This website is Scotland's go-to place for job seekers looking to apply for roles in public services...Read more
  • What’s next for L&D? Enter Alchemist… PROMOTED | It’s time to turn off the tedious and get ready for interactive and immersive learning experiences...Read more
  • Simple mistakes are blighting the onboarding experience PROMOTED | The onboarding of new hires is a company’s best chance...Read more
  • Preventing Burnout: How can HR help key workers get the right help? PROMOTED | Workplace wellbeing may seem a distant memory...Read more

Personnel Today Jobs
 

Search Jobs

PERSONNEL TODAY

About us
Contact us
Browse all HR topics
Email newsletters
Content feeds
Cookies policy
Privacy policy
Terms and conditions

JOBS

Personnel Today Jobs
Post a job
Why advertise with us?

EVENTS & PRODUCTS

The Personnel Today Awards
The RAD Awards
Employee Benefits
Forum for Expatriate Management
OHW+
Whatmedia

ADVERTISING & PR

Advertising opportunities
Features list 2022

  • Facebook
  • Twitter
  • Instagram
  • Linkedin


© 2011 - 2022 DVV Media International Ltd

Personnel Today
  • Home
    • All PT content
    • Advertise
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Equality, diversity and inclusion
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • XpertHR
    • Learn more
    • Products
    • Pricing
    • Free trial
    • Subscribe
    • XpertHR USA
  • Webinars
  • OHW+