Median pay settlements 'at 2.5%'

Press Association
Coins and notes
Coins and notes

Pay rises have been stable in recent months despite uncertainty over the economy, with median settlements worth 2.5%, according to research.

Three out of four settlements in the quarter to August were worth between 2% and 3.9%, with a fall in the number of deals above that level, said Incomes Data Services (IDS).