Average weekly pay rises almost 1%

Average weekly earnings, excluding bonus payments, rose by 0.9% between February and April 2013, compared to the same period in 2012, according to figures from the Office for National Statistics (ONS).

Its Labour market statistics, June 2013, found that in cash terms, average weekly earnings, excluding bonus payments, were £447 in April 2013, up from £441 a year earlier.

Including bonus payments, the average weekly wage rose by 1.3%, comparing the period between February and April 2013 with the same period in 2012.

At £484 in April 2013, average weekly wages, including bonus payments, were £16 higher when compared with April 2012.

According to the ONS, the earnings growth, both including and excluding bonuses, has generally been positive. The report stated: “In other words, pay has been increasing year on year since 2000. Since 2008, the rate of increase in average earnings has slowed. Average pay has still been increasing, but at a slower rate.

“The one exception to this is that pay growth, including bonuses, was negative in early 2009. In other words, pay in early 2009 was lower than a year ago. This was during the 2008/09 recession, when there was a large dip in bonus payments.”

ONS-research-June2013