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Pay data: three months to July 2020

Various research organisations have published pay data for the three months to July 2020.

  • The median pay outcome across the economy remains at 2.3% for the three months to July, according to the latest monitoring by Incomes Data Research.
  • Data from the Labour Research Department’s Payline shows the median at 2.4%.
  • XpertHR shows a dramatic fall in the headline pay award for this rolling quarter – down to 0.5% (lower quartile: 0%; upper quartile: 3%). It warns that this is a quieter time of year of pay settlements and its figures are based on just 48 pay deals. However, looking at the year so far, the picture of pay settlements appears ‘more stable’, with the whole-economy median basic pay settlement worth 2.2%.
  • The latest Labour Market Outlook from the CIPD found that employers across all sectors intend to keep a tight rein on pay increases over the next 12 months. Those who plan pay reviews expect basic pay to increase by 1%. Median basic pay expectations in the private sector have increased to 0.8% from 0% three months ago.