Rising inflation casts shadow over pay talks

Article Abstract:

A provisional analysis of the Industrial Relations Services' pay databank, which is based on 87 pay reviews of nearly 650,000 employees, indicates that pay awards have been 3% in the whole economy for the third month in a row. Settlements are half a percentage point higher than Mar 1994 and at their highest level since Mar 1993. Of the pay reviews that happened in the three months until Jan 1995, 75% were higher increases compared to the reviews of Jan 1994. The top quartile of the settlements were 3.5% or more and the bottom quartile were 2.5% or less. The median level of private sector pay reviews was 3%.

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New Earnings Survey 1995: earnings up 3.1%

Article Abstract:

The UK Central Statistical Office's April 1995 New Earnings Survey indicated a 3.1% increase in average gross weekly earnings. The working week increased, as men averaged 41.9 hours per week. The gender gap in pay remained generally unchanged, as men's and women's full-time wages increased 3.2% and 3.1% respectively. The private sector generally showed better earnings growth. Employees in the Greater London area worked less hours and received better pay than their counterparts in other areas.

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