Wage rises 'stuck' at 2% for months

Pay rises have been "stuck" at 2% for months and are likely to remain at the same level for some time, according to a new report.

Pay analysts XpertHR said median wage rises were worth 2% for the three months to May, for the 14th consecutive rolling quarter.

The figure has stayed at the same level for the longest period since the end of 2006, said the report.

Sheila Attwood, of XpertHR, said: "We expect the stability in the level of pay awards to remain, with 2% likely to be the going rate for pay awards through to the end of the year.

"With RPI inflation forecast to remain below this level in 2015, employees will continue to receive a real-terms increase in wages."