Zoe Woolacott | 28 Sep 2021

Private sector awards boost upper quartile of pay outcomes

The median pay award across the economy remained at 2.0% for the three months to August 2021, according to the latest analysis from IDR. Over two-fifths (43%) of awards are worth between 2.0% and 2.99% but a larger proportion of higher-end awards worth 3% or more in the private sector has pushed the upper quartile from 2.5% in the three months to July up to 2.9% in this latest analysis period. The proportion of pay freezes has grown but the number of pay outcomes worth less than 2% has fallen overall and now represents just under a third of our latest sample. 

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