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MNI DATA BRIEF: UK Pay Awards Double In H1 2021: XpertHR

(MNI) LONDON
LONDON (MNI)

UK median pay awards doubled in the first six months of the year, according to the latest survey from XpertHR, although "we are unlikely to see this level of acceleration continue", the survey editor Sheila Attwood said Thursday.

Pay awards remained at 2.0% in the three months to June, which is double the increase seen in March 2021 where pay awards increased by 1.0%. Pay freezes were relatively uncommon in June, with only 7.5% of deals resulting in a pay freeze. "It is encouraging to see the proportion of pay freezes decline in 2021 as confidence returns." Attwood added.

While public sector pay awards declined for the first time in three years to 2.3%, after recording 2.5% in May, private sector pay awards have started to pick up at 2.0%.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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