Pay settlements December 2016

Latest market trends from PAYaward pay settlements database, for pay reviews actioned to date in 2016:

  • Median pay settlements, across all industries remains at 2.00 per cent;
  • Median pay awards are highest in the Construction and the IT and Telecommunications sectors; closely followed by the Hotels, Restaurants and Catering, and the Civil Engineering and Building sectors; and
  • Just under four per cent of 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 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 PAYaward, please call +44(0)1733 391377.

Paydata News…

Christmas saw us saying farewell and bon voyage to Reward Analyst, Hannah Chapman, as she embarked on a long-held desire to explore the world. Travelling first to South Africa, she celebrated the New Year in style in Cape Town. After spending some time in South Africa, Hannah plans to move on to Australia to explore all it has to offer. As a valued member of the team, we thank her for her time with us and we wish her well in her travels.

The gap left by Hannah has been filled by Chris Bristow. Chris has joined Paydata from a long career of over 30 years at Xerox, through its various guises of EDS and HP, where he operated as a team leader and analyst in their data storage and processing departments. As Reward Analyst, Chris will be working as a member of our data services team, supporting the salary benchmarking and consultancy work through trend analysis and report production.

I hope you will join us in welcoming Chris to the team.