Zoe Woolacott | 28 Jun 2023

Half of private sector increases worth 6% or more

The median pay award across the private sector has held steady at 5.8% in the three months to May, according to our recent analysis. Higher-end awards worth 6% or more continue to account for half of increases across the sector but the proportion of pay rises worth 9% or more has risen slightly to represent 21% of all private sector outcomes (up from a fifth in the three months to April). 

Want to continue reading?

Sign in to continue or subscribe