Average pay increases have remained at the same level recorded a year ago, according to research by XpertHR.
The research, based on the details of 99 pay awards settled in the three months to the end of July 2011, showed that the median basic pay increase was 2%.
This is lower than the revised figure for the previous three-month period (2.2%), but the same level recorded in the same period a year ago.
Sheila Attwood, editor of XpertHR pay and benefits, said: “The fragile job market, combined with consumption and demand continuing to be affected by factors including rising food and oil prices, means that we expect no significant, if any, increase in median pay awards for the rest of the summer.”
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