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Those employed in Scotland, the North East, the North West of England, and in the West Midlands are more likely to say that their pay has gone up in the first half of 2014, according to the CIPD’s Employee Outlook Summer 2014 report.
When asked if they had seen their base pay change in the first half of the year, 30% responded that they had enjoyed a pay rise between January and June 2014, up from 28% during the same period last year. However, when asked how big the rise had been, it was found that the size of the award had dipped, measured by both the mean and median, a surprising outcome given the economic growth enjoyed by the UK over the past 12 months.
|June 2011 (%)||June 2012 (%)||June 2013 (%)||June 2014 (%)|
|My pay has been cut||6||7||5||5|
|My pay is the same||58||58||67||64|
|My pay has risen||28||25||28||30|
|Don’t know/can’t remember||8||10||-||1|
By demographics, there is little difference between the proportion of men (31%) and women (29%) that have enjoyed a pay rise. They have both received the same increase as measured by the median (+2.0%), though women have enjoyed a higher pay rise as measured by the mean (+4.7% compared with +4.0%).
By sector, the survey found that those working in the voluntary and private sectors are more likely to have enjoyed an increase in pay in the first half of 2014. Not only have public sector workers been less likely to have reported a salary increase, the increases that they have reported have been smaller.
By size of organisation, those working for micro and small employers have been less likely to report a pay rise, but are more likely to report a larger increase than those employed by medium and large organisations.
Those employed in manufacturing and finance have been more likely to have received a pay rise so far this year than other private sector employees, while those in hospitality and retail have been less so.
To access the full report, click here.