Pay data: three months to February 2021
Various research organisations have published pay data for the three months to the end of February 2021.
- The median pay award across the economy has risen to 2.0% for the three months to February 2021 according to the latest monitoring by Incomes Data Research (interquartile range: 1.0%-2.5%)
- Data from the Labour Research Department shows the median standard increase for the three months to February 2021 was 2.0%
- XpertHR recorded a median basic pay award of 1% across the whole economy for the three months to the end of February (lower quartile: 0%; upper quartile: 2.0%), with pay freezes remaining commonplace at a third of recorded settlements. It also found that employers are predicting a median 2% pay award for 2021