Zoe Woolacott | 25 Mar 2021

Median pay award buoyed up by outcomes in private services

The median pay award across the economy has risen to 2.0% for the three months to February 2021, according to the latest analysis by IDR. The median had fallen to 1.8% in the three months to January but has recovered due to changes at each end of the distribution of pay awards. The uptick in the median has been influenced by both a drop in instances of pay freezes on one hand coupled with a rise in the proportion of higher-end awards worth 3% or more in private services. 

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