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Pay data: three months to April 2023

Various research bodies have published pay data for the three months to the end of April 2023, traditionally the busiest time of year for pay reviews.

  • Incomes Data Research shows the median whole economy pay award at 5.6% for the three months to April (interquartile range 4.0% to 7.9%).
  • XpertHR recorded a median basic pay award of 6.0% across the whole economy for the three months to the end of April (lower quartile: 5.0%; upper quartile: 8.1%). The most common pay award was at 5%, made in nearly a quarter of all deals recorded by XpertHR. Pay freezes accounted for just 3% of the 197 pay awards.
  • The Labour Research Department shows the median for the period ending April at7.0% on lowest basic pay rates across all agreements and 6.0% on the standard increase (what most workers got out of these agreements).
  • The CIPD’s Spring 2023 Labour Market Outlook reveals that employers’ median basic pay rise expectation in the next 12 months is 5% (unchanged from the previous quarter’s report). Expected pay awards in both the private sector and voluntary sector remain at 5%. The figure for the public sector has risen to 3.3% (the highest public sector expected pay increase in the LMO time series).