Annual growth in regular pay (excluding bonuses) was 7.7% in July to September 2023, this is slightly down on the previous periods but is still among the highest annual growth rates since comparable records began in 2001.
Annual growth in employees' average total pay (including bonuses) was 7.9% in July to September 2023; this total growth rate is affected by the NHS and civil service one-off payments made in July and August 2023.
Annual growth in real terms (adjusted for inflation using the Consumer Prices Index including owner occupiers' housing costs (CPIH)) for total pay rose on the year by 1.4% in July to September 2023, and for regular pay rose on the year by 1.3%.
Experimental statistics of detailed industry wages from the Monthly Wages and Salaries Survey, with comparison industry output price data, from the article "Analysis of wage and price increases, UK: 2011 to 2023.
Experimental monthly estimates of payrolled employees and their pay from HM Revenue and Customs’ (HMRC’s) Pay As You Earn (PAYE) Real Time Information (RTI) data. This is a joint release between HMRC and the Office for National Statistics (ONS).
The National Living Wage is about to go up to £7.83 per hour – but how easy is it to live on? Our calculator lets you find out how affordable your lifestyle would be if you earned the National Living Wage.
An article explaining the methods used to derive monthly employee and earnings estimates from Pay as You Earn Real Time Information (PAYE RTI) administrative data. The article also includes comparisons with ONS’s official sources of Labour Market data.