PAYnotes on Pay settlements March 2016
Latest market trends from PAYaward pay settlements database, for pay reviews actioned to date in 2016:
- Median pay settlements, across all industries stands at 2.20 per cent;
- Median pay awards are once again highest in the Construction and the Civil Engineering and Building sectors, and also in the Hotels, Restaurants and Catering sector; and
- No companies have reported a pay freeze.
Designed to make up-to-date pay award data available as and when you need it, PAYaward is ideal for informing your 2016 pay review. The comprehensive database currently holds data for around 200 companies and can be filtered however you decide, by industry sector, size of employer, agreement date, region and level of award.
If you would like to gain access to the demo version of PAYaward, please contact Vicki Hind on +44(0)1733 391377.
Paydata News: On his bike for Action Medical Research for children
In July, one of our reward consultants, Peter Brown is embarking on an epic bike ride, all in aid of Action Medical Research, dedicated to improving the health of babies and children. Across four days Peter will pedal an impressive 296 miles from London to Paris.
In order to help Peter hit his fundraising target of £1,500, Paydata this week held a charity bake sale at our Lynch Wood offices. An amazing £291.42 was raised – a fantastic result!
If you would like to help Peter on his journey, donations can be made directly to Peter’s fundraising page - https://www.action.org.uk/sponsor/peenbee
Easter Opening Hours
We would like to wish you all a good break over the Easter weekend. Our offices are closed on Good Friday and we will reopen on Tuesday 29 March.PAYaward pay settlements database