HR Hub

Various research bodies have published pay data for the three months to the end of August 2024.

• Incomes Data Research shows the median pay award at 4.0% for the three months to August (interquartile range: 4.0% to 4.7%).
• Brightmine (formerly XpertHR) recorded a median basic pay award of 4.0% across the whole economy for the three months to the end of August (based on 67 settlements covering almost 900,000 employees). Over the 12 months to the end of August 2024, the median pay award in the public sector sits at 6%, while in the private sector it stands at 4.7% for the same period. In the three months to the end of August, a median pay rise of 3.8% was recorded amongst manufacturers and those in the services sector received a median pay rise of 4.3%.
• According to the Labour Research Department, the median increase for workers on the lowest grades was 5.0% in the three months to August. For all other workers, the median pay deal was 4.8%.