Pay data: three months to May 2021
Various research organisations have published pay data for the three months to the end of May 2021 which appear to confirm an uptick in settlement levels.
- The median pay award across the economy stands at 2.0% for the three months to May 2021, according to the latest analysis by Incomes Data Research (interquartile range: 1.0%-2.2%).
- Data from the Labour Research Department shows the median standard increase for the three months to May 2021 was 2.0%.
- XpertHR recorded a median basic pay award of 2.0% across the whole economy for the three months to the end of May (lower quartile: 1.0%; upper quartile: 2.3%), with pay freezes at around a fifth of recorded settlements.