Pay rises running at 3.8%

My Account
Logout

Create an Evening Standard Account

Use your social network

Save time by using your existing account to sign in to Evening Standard

We'll never share your information or post anything to your account without your permission

Welcome! Sign in here

Use your social network

Save time by using your existing account to sign in to Evening Standard

We'll never share your information or post anything to your account without your permission

Forgot your password ?

Registration

* indicates fields that are mandatory

Email *

Password *

Confirm Password *

First name *

Surname *

Postcode *

Country *

Mobile phone number

Username *

Gender *

Year of birth *

When you sign up...

You will have access to all our online competitions, discounted offers and can post comments on our site.

You will also receive The Weekender newsletter sent every Thursday - it’s full of fantastic offers and ideas for the weekend. You can update your email preferences in your account page when you log in.

Other newsletters and emails

Homes & Property Newsletter - Yes I want to receive the weekly email with all the latest news on property in the capital

Occasionally we would also like to send you relevant emails detailing specific offers either from ourselves or carefully selected partners. If you would prefer not to receive these then please tick the appropriate boxes below. We will never pass on your details.

I do not want to receive additional offers and information from the Evening Standard

I do not want to receive additional offers and information sent by Evening Standard on behalf of carefully selected partners

Terms and Conditions

* I have read, understood and agree to be bound by the terms and conditions of Evening Standard

Registration

Mail Sent for Registration Confirmation.

A confirmation email has been sent. Please activate your account by clicking on the activation link sent in your mail box.

A study of 130 settlements by Incomes Data Services (IDS) showed average agreements increasing in the three months to April, although staying below RPI inflation, which is 4.2%.

The report said pay forecasters had been wrong-footed by rising prices for food and fuel, which look set to remain volatile, making future predictions difficult.

Average deals in manufacturing firms increased from 4% to 4.3%, while in energy and water companies the figure was 4.5%.

In contrast, average wage increases in the public sector fell back slightly from 2.7% to 2.6%, although the biggest bargaining groups, in local government and the NHS, have yet to settle.

Ken Mulkearn, of IDS, said: "Rises in the cost of living are having a clear effect on pay reviews in the private sector. Many firms which had agreed lower increases in 2007, in the expectation that inflation would fall, are finding they need to award higher increases this year, in order to restore their employees' purchasing power.

"Of course, the picture on affordability and profitability, which continues to be broadly healthy in key parts of the economy, makes this possible."