Wage rises ‘stuck’ at 2 per cent

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.
By The Newsroom
Published 26th Jun 2015, 01:07 BST
Wages stuck at two per cent rise levelsWages stuck at two per cent rise levels
Wages stuck at two per cent rise levels

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.”