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MNI DATA: UK Pay Awards Ease; Expect New Year Pickup: XpertHR

MNI (London)
--UK October-December Median Pay Deals 2.0%, Unch Sep-Nov: XpertHR
     LONDON (MNI) - UK median pay deals stood at 2% in the three months to
December, unchanged from the November level, and unchanged on the level a year
ago, a survey by XpertHR found. 
     Year-end typically sees relatively few pay awards and the median figure was
just below a handful of higher pay awards, with the month's sample being
reported as smaller than normal. 
     The New Year tends to mark the start of a wave of pay settlements, and pay
award growth is indeed seen heading back above the 2.5% mark in January,
according to XpertHR.  
     Pay bargaining activity always slows down towards the end of the year, so
our latest figures are based on a smaller sample than normal," . 
     "The 2018 calendar year brought good news for employees as pay awards moved
up from 2% in 2017 to 2.5% over the year as a whole," said Sheila Attwood,
XpertHR pay and benefits editor
     "Despite the uncertainty surrounding Brexit outcomes, the first pay awards
of 2019 are moving in a very positive direction, with the provisional 2.8%
median the highest figure we have recorded since December 2008," she added. 
     The XpertHR data softening in October and now November conflicts that
published by the Office for National Statistics. 
--MNI London Bureau; tel: +44 203-586-2225; email: les.commons@marketnews.com
[TOPICS: M$B$$$,M$E$$$]
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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