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The industry breakdown used for this analysis is based on the UK Standard Industrial Classification (SIC). Employers can see when recruiting a person who is already a member of a professional body, that they have a commitment to not just the job, but also the profession, they are employing someone who takes pride in what they do. Wages are expressed in nominal terms (not adjusted for inflation). Annual wage growth is calculated using three-monthly averages of monthly average weekly earnings (AWE). Three-monthly averages improve the reliability of the data, which is volatile at industry level, and are also taken in the headline figures in the ONS Average weekly earnings in Great Britain bulletin. Inflation

However, as inflation continued increasing steeply during 2022, regular wage growth fell behind inflation in all industries except professional and scientific (which includes businesses covering areas such as legal services, management, engineering and scientific research). The following list contains the full SIC names followed by their corresponding shortened industry names used throughout the article: Industries with more public sector jobs, such as education and public administration, have seen some of the lowest pay growth in 2022, along with arts and recreation, mining, and power and water. In other industries, such as public administration and education, pay growth has been below inflation since the second half of 2021.

Wage growth in the professional and scientific industry has remained above inflation throughout 2022

UK job vacancies reached a record high of 1.3 million in March to May 2022. In August to October 2022, there were 54% more vacancies than pre-coronavirus (COVID-19) pandemic (January to March 2020). Worker shortages (manifested in high numbers of vacancies) can lead to wage increases, as employers compete to attract or keep workers. This could partly explain high wage growth in some industries in early 2022. Many are feeling financial effects as a result. In late October and early November 2022, 93% of adults in Great Britain said the cost of living was an important issue facing the UK, and 91% said their cost of living had gone up compared with a year ago. One of the main benefits is that of recognition – the organisation assesses the candidate member, looking at experience, qualifications and competency and if they are suitable, awards a corresponding grade.

Inflation data in this article come from the ONS Consumer price inflation, UK: October 2022 bulletin.One factor that affected average wages during the coronavirus pandemic was workforce composition. A relatively large amount of low paid workers lost their jobs, which pushes up average wages even if no workers received pay rises. This is known as a compositional effect. Since May to July 2022, the professional and scientific industry has been the only one where regular wage growth (excluding bonuses) has remained higher than inflation; sitting at 10.1% in July to September 2022. This means average wages in the industry in this period were 10.1% higher than the same period the previous year. These compositional and furlough effects are continuing to complicate wage growth data even after restrictions have lifted, as growth is measured by year-on-year change. This is known as a base effect. Health and Care Professions Council (HCPC) regulates 15 health professions - arts therapists, biomedical scientists, chiropodists / podiatrists, clinical scientists, dietitians, hearing aid dispensers, occupational therapists, operating department practitioners, orthoptists, paramedics, physiotherapists, practitioner psychologists, prosthetists / orthotists, radiographers and speech and language therapists