![]() ![]() ![]() In 2019, the difference in growth in earnings for full-time employees who changed jobs since April 2018 (8.0%) compared with those who stayed in the same job (1.6%) was high, suggesting stronger upward pressure on wages compared with other years. Pay growth of those who changed jobs help us understand the labour market, for example the extent to which employees are aware of the labour market conditions, and whether there is upward pressure on wages. Footnotes applicable to this chart are 1, 2, 3, 4, 5 and 8 in Section 8: Measuring the dataĭownload this chart Figure 5: The pay-rise premium for employees who changed jobs was high in 2019 Imageįigure 5 shows the longer-term trend in individuals’ earnings, split by whether the employee changed jobs or stayed in the same job in the previous year.This low proportion can be partly attributed to a low rate of inflation in April 2015, when the Consumer Prices Index including owner occupiers’ housing costs (CPIH) grew by 0.3% from the previous year. However, this is not a consistent trend, demonstrated by the proportion in 2019 being higher than the proportion receiving a pay freeze or a decrease in earnings from 2014 to 2015, when it was 26.3%. The proportion of employees experiencing a pay freeze or a decrease in earnings (in real terms) in 2019 (35.7%) is lower than in 2018 (43.3%) and in 2011 (relative to 2010) when it was 60.5%. The shift to the right from 2018 to 2019 highlights higher real growth in earnings across the distribution for 2019. Footnotes applicable to this chart are 1, 2, 3, 4, 8, 9 and 10 in Section 8: Measuring the dataĭownload this chart Figure 4: 36% of full-time employees experienced a real-term pay decrease or pay freeze in 2019 Imageįigure 4 shows the distributions of growth in individuals’ hourly earnings compared with a year earlier, adjusted for inflation, as a cumulative percentage frequency chart for years 2011, 2015, 20.Since 1997, pay in real terms has decreased in five years, all of which occurred after 2009. This suggests that in 2009, on average, employees experienced an increase in hourly pay compared with 2008 but were working fewer hours. The year 2009 marked a change, where hours dropped from approximately 39.5 hours per week in 2008, and weekly earnings fell but hourly earnings grew. This reflects that the number of hours worked per week for full-time employees has stayed at approximately 39.1 hours. Since 2011, the median growths in weekly earnings for full-time employee jobs have generally been in line with the growths in hourly earnings. Footnotes applicable to this chart are 1, 2, 3, 4 and 5 in Section 8: Measuring the dataĭownload this chart Figure 2: Growth in hourly pay for full-time employees is generally in line with growth in weekly pay Imageįigure 2 shows the relationship between growth in weekly earnings and hourly earnings, in real terms (adjusted for inflation) for full-time employees. ![]() Part-time jobs tend to have lower pay per hour than full-time jobs, and are therefore more affected by increases in the National Living Wage and National Minimum Wage (which have been higher than the rate of inflation in recent years). The greater rate of increase for part-time jobs has been notable since 2014, despite the median number of hours per week worked in both full-time and part-time jobs being stable. ![]() The median weekly earnings for part-time employee jobs of £197 is 6.5% higher than in 2008 in real terms. In 2019, earnings increased by 5.2% in nominal terms, which translates to a 3.1% increase in real terms. Median weekly earnings for part-time jobs increased at a greater rate. Among all employees the gap fell from 17.8% in 2018 to 17.3% in 2019. The figure for 2019 represents a decline of 3.3 percentage points from a decade ago – 12.2% in 2009 – but only 0.6 percentage points since 2012. Among full-time employees it now stands at 8.9%, little changed from 2018 when it was 8.6% (not a statistically significant increase). The gender pay gap has been declining only slowly in recent years. Footnotes applicable to this chart are 1, 2, 3, 4 and 5 in Section 8: Measuring the data.ĭownload this chart Figure 1: Median weekly earnings for full-time employees increased by 2.9% in 2019 but in real terms are lower than a decade ago Image. ![]()
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