An early look at 2021 outcomes shows that the median pay award across the whole economy is 2.0%, according to the latest analysis by IDR. This is lower than the median for 2020, which was 2.3% overall. We take a look at the distribution of pay reviews and how the falling number of higher-end awards, versus the growing proportion of lower-end outcomes, is influencing the median. The latest analysis is based on a sample of 56 pay awards effective between 1 January and 31 December 2021.
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We will continue to monitor the picture of awards. To tell us about the outcome of the latest pay review at your organisation please click on the link to our pay outcomes survey below: