Looking back at 2008 the contrast is even more startling. IDS said that the 64 frozen pay settlements identified this year, compares to only 7 for the whole of 2008.
However, the IDS report pointed out that pay settlements are not following a regular pattern, with some sectors performing better. Some 40 per cent of wage rises were between 3 per cent and 4 per cent.
Ken Mulkearn, the editor of the IDS report, said: “Firms most affected by the recession are freezing or pausing pay, with most of the freezes concentrated in engineering and among firms which provide key industrial inputs, such as chemicals manufacturers.
“This difference in levels of pay settlements illustrates that there are clear sectoral differences when evaluating the effects of the recession.”