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Pay trends March 2013

Author: Sheila Attwood

Pay awards continue to show stronger growth in early 2013 than at the end of 2012, but forecasters remain cautious about prospects for the year ahead. 

Key points

  • The median basic pay award in the three months to 28 February 2013 stands at 2.5%.
  • Among a matched sample, half of all pay awards were lower than the same group of employees received at their previous review.