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+

Pay & benefitsPay settlements

Workers received a “real-terms” pay rise in last quarter, says XpertHR

by Jo Faragher 25 Aug 2016
by Jo Faragher 25 Aug 2016 Photo: Mode/REX/Shutterstock
Photo: Mode/REX/Shutterstock

Employees received a slight “real-terms” increase in pay in the three months to August 2016, according to findings from pay analysts at XpertHR.

The median pay award for the months of May, June and July was 2%, with the middle half of pay awards worth between 1.2% and 2.2%.

Pay trends resources

Pay awards edge back to 2%

Benchmarking: pay and benefits

Pay forecasts for the private sector: 2016 survey

This was a slight increase on the rolling quarter up to and including April, when the median award level dipped to 1.8%. This was influenced heavily by the large number of public sector pay deals, which have been fixed at 1%, during that period.

Although the level of pay increase remains subdued, low levels of inflation mean that this represents a real-terms rise for many employees.

XpertHR points out that pay awards have been running above retail prices index (RPI) inflation since the end of 2014, although the gap has now narrowed to just 0.1% – RPI was 1.9% in July, while pay awards were stuck at 2%.

The data also revealed that almost half (48.9%) of pay awards were lower than the award received by the same group of employees last year.

Around one-fifth of pay awards were higher, and just over 30% were at the same level.
The median pay award across the private sector remained consistent across both manufacturing and production, and the services sector.

XpertHR pay and benefits editor Sheila Atwood said: “The busiest part of the year for pay awards is now behind us. Based on data for the year so far, we see no signs that pay award levels will increase in the remainder of the year.

“We expect 2% to remain the benchmark pay award through to the end of 2016.”

This latest quarterly analysis was based on a sample of 53 pay awards, effective between 1 May and 31 July 2016.

Jo Faragher
Jo Faragher

Jo Faragher has been an employment and business journalist for 20 years. She regularly contributes to Personnel Today and writes features for a number of national business and membership magazines. She won the Willis Towers Watson HR journalist of the year award in 2015 and has been highly commended twice.

previous post
Deaf workers: one in four has quit a job because of discrimination
next post
Why astute CEOs must pay attention to employee mental health issues

Leave a Comment Cancel Reply

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

You may also like

Royal Mail staff vote for more strike action

17 Aug 2022

Workers worse off as inflation hits double figures

17 Aug 2022

A third consider job move due to cost...

17 Aug 2022

Real wages fall at sharpest rate on record

16 Aug 2022

Graduate and apprentice salaries shoot up in war...

15 Aug 2022

Sharp rise in firms offering enhanced parental leave...

11 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
  • 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+