PAYnotes on pay settlements May 2016
April saw 34 organisations actioning their pay review, the results of which are now updated in PAYaward.
Latest market trends for 2016 pay reviews actioned to date:
- Median pay settlements, across all industries remains at 2.30 per cent;
- Median pay awards are once again highest in the Construction and the Hotels, Restaurants and Catering sector. The Civil Engineering and Building sector have, however, fallen back in line with the all industry median.
- Two 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 more than 200 companies and can be filtered to suit your needs, 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 call +44(0)1733 391377.