Latest Pay Databank analysis

From IDS Pay Report 998, April 2008

High-level April deals could place upward pressure on median

Trends in pay increases for the first quarter of the year are in line with the previous year, when higher inflation -among other factors- pushed the IDS median to 3.5 per cent. However, there are signs that deals in the second quarter, including the important bargaining month of April, are being reached at even higher levels. An early look ahead to the next three-month rolling period, points towards upward pressure on the median, as new deals effective in April are mostly at 4 per cent or above.

…the full editorial can be read in IDS Pay Report 998