Research carried out by Expert HR indicates that, in the three months to the end of May 2012, the median basic pay award stood at two per cent, rising to 2.5 per cent among staff in the private sector.
One-third of settlements were worth the same as the increase paid to the same group of employees in 2011, while 34.5 per cent were higher, boosted by manufacturing pay awards, which stood at a median of 2.5 per cent.
Commenting on the figures, Sheila Attwood, pay and benefits editor at XpertHR, said it is good to see that employees in the manufacturing sector are enjoying the highest pay awards this year.
For major growth to return to the UK labour market, these increases need to be reflected across a greater number of sectors in the second half of the year.
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Posted by John Oak and Wayne Bly
Source: The Sales Director News