Various research bodies have published pay data for the three months to the end of June 2024....
Pay data: three months to April 2024
Various research bodies have published pay data for the three months to the end of April 2024.
- Incomes Data Research shows the median pay award at 5.0% for the three months to April (interquartile range: 4.0% to 6.0%).
- Brightmine (formerly XpertHR) recorded a median basic pay award of 4.9% across the whole economy for the three months to the end of April. The middle 50% of basic pay deals stand close together, falling between 4% and 5.1%.
- According to the Labour Research Department, the median pay rise in the three months to April was 5.0% for workers on all grades.
- Looking ahead over the next 12 months, the CIPD’s Spring 2024 Labour Market Outlook shows the median expected basic pay increase at 4.0%.