Chill of pay freeze continues to bite

-

Summer may be on its way but the nasty chill of pay freezes continue to bite at UK workers. The Income Data Services (IDS) Pay Report found that a fifth of all employers were still pushing through pay freezes, although the number of freezes is now at its lowest point since the start of last year.

Public sector pay deals averaged just 1% in the three months to April – half the 2% level in the economy as a whole, reports the Financial Times.

IDS found that 35% of public sector awards with effective dates in April resulted in pay freezes.

HRreview Logo

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

In the private sector, typical pay awards rose from 1.3% in the first quarter of the year to 2% in the three months from February to April, according to the Daily Telegraph.

The data, based on 97 organisations covering 2.1 million employees, also revealed that the typical pay award across the public and private sectors had grown to 2% over February to April, up from 1.9% in the three months to March.

The IRS review of pay settlements for the three months to the end of April – published exclusively on XpertHR – found that the median pay award remains at 1%, with pay freezes accounting for just over one-third of the deals analysed.



Latest news

Superdry co-founder’s victim warns workplace power can silence abuse victims

A survivor's account raises questions about speaking-up cultures and accountability in organisations.

UK’s always-on work culture ‘driving employee burnout’

Nearly half of UK workers say they end most working days mentally exhausted as rising workplace pressure leaves employees and managers struggling to switch off.

Andrew Murray on why no two days look alike

A people development leader shares how travel, training and a passion for helping others shape a working day with little room for routine.

Lucy Standing: Older workers are back in the centre of the hiring debate – ready to lead the response?

For HR leaders, the argument is simple: the people being filtered out of your hiring process are not past their best.
- Advertisement -

One in 10 women quit work after pregnancy loss, report finds

Research suggests inconsistent workplace support following pregnancy loss and maternity leave is contributing to resignations and poorer mental wellbeing.

Fear of becoming obsolete grips workers as AI reshapes careers

More than two in five workers worry their skills could become outdated as AI reshapes hiring demands and increases pressure to keep learning.

Must read

Raj Tulsiani: The Disease Of Unconscious Bias

Unconscious bias is everywhere. That’s because it is an...

Paul Jackson: The Challenges of Salary Advance Schemes

"For employers, it is a case of ‘when’ not ‘if’ to consider introducing Salary Advance Schemes to staff and the debate now centres around the most responsible way to deploy it."
- Advertisement -

You might also likeRELATED
Recommended to you