Wage rises ‘stuck’ at 2 per cent

Wages stuck at two per cent rise levels

Wages stuck at two per cent rise levels

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Pay rises have been “stuck” at 2 per cent for months and are likely to remain at the same level for some time, according to a new report.

Pay analysts XpertHR said median wage rises were worth 2 per cent for the three months to May, for the 14th consecutive rolling quarter.

The figure has stayed at the same level for the longest period since the end of 2006, said the report.

Sheila Attwood, of XpertHR, said: “We expect the stability in the level of pay awards to remain, with 2 per cent likely to be the going rate for pay awards through to the end of the year.”

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