Zoe Woolacott | 17 Dec 2020

Median remains steady despite lower awards in private sector

The median pay award across the economy remains at 2.0% in the three months to the end of November 2020, according to IDR’s latest monitoring of pay outcomes. In the private sector the median has fallen to 1.8% - its lowest level since the last recession in 2010. This drop in the median follows changes to the overall distribution of awards in the private sector with half of all outcomes in this analysis period below 2%, compared to two-fifths in the three months to October. At the same time, the proportion of higher-end awards, worth 3% or more, has fallen. The latest batch of awards include the uplifts for police officers and staff at Tesco. 

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