Pay deals appear to be stabilising at three per cent, with no sign of any change in the coming months, a report showed yesterday.
Average settlements remained unchanged in the three months to July compared with the previous quarter, according to research by Industrial Relations Services.
The number of deals at the higher end of the pay range fell back, with fewer than one in five value at more than 3.5 per cent. Most workers received a higher pay rise than a year ago, although one in four had a lower one.
IRS spokeswoman Sheila Attwood said: "Our latest figures indicate that the basic pay settlement level is firmly set at three per cent and we see no signs of any movement.
"With claimant count unemployment edging up, there is no evidence to suggest an upturn in wage pressure in the near future."
