HR Hub

Pay data: three months to March 2023

Three pay research bodies have published pay data for the three months to the end of March 2023.

  • XpertHR recorded a median basic pay award of 6.0% across the whole economy for the three months to the end of March (lower quartile: 4.8%; upper quartile: 8.0%). Pay freezes accounted for just 1.5% of settlements.
  • According to the Labour Research Department, the median for the period ending March was 6.5% on lowest basic pay rates across all agreements and 6.0% standard increase for all other workers covered by the settlement.
  • Incomes Data Research shows the median whole economy pay award at 5% for the three months to March (interquartile range 3.8% to 6.0%).