Table 3: Relative Frequencies of Combinations of Pay Changes (Rankings in Brackets) Pay Changes over Year Pairs Pre-Crisis: 2005/06, Crisis: 2008/09, 2006/07. 2007,08 2009/10, 2010/11 Pair 1 Pair 2 Pair 3 51.42 8.27 ↑ ↑ ↑ (7) (1) 14.84 7.79 ↑ ↑ ↓ (2) (8) 9.54 13.26 ↑ ↓ ↑ (3) (3) 8.30 9.18 ↓ ↑ ↑ (4) (5) 3.81 10.02 ↑ ↓ ↓ (5) (4) 3.50 8.47 ↓ ↑ ↓ (6) (6) 2.32 17.72 ↓ ↓ ↑ (7) (1) 1.11 0.61 ↑ ↑ ↔ (8) (14) 0.89 13.39 ↓ ↓ ↓ (9) (2) 0.09 2.49 ↓ ↓ ↔ (23) (9) 0.27 1.79 ↑ ↓ ↔ (15) (10) All other combinations 3.91 7.01 Table 4: Median Cumulative Pay Change by Initial Pay 2005/08 2008/11 2005/11 (3 year) Bottom Tercile .183 .009 .187 Middle Tercile .166 -.023 .128 Upper Tercile .153 -.064 .086 All .165 -.020 .129 4 years
Table 3: Relative Frequencies of Combinations of Pay Changes (Rankings in Brackets) Pay Changes over Year Pairs Pre-Crisis: 2005/06, 2006/07. 2007,08 Crisis: 2008/09, 2009/10, 2010/11 Pair 1 Pair 2 Pair 3 ↑ ↑ ↑ 51.42 (1) 8.27 (7) ↑ ↑ ↓ 14.84 (2) 7.79 (8) ↑ ↓ ↑ 9.54 (3) 13.26 (3) ↓ ↑ ↑ 8.30 (4) 9.18 (5) ↑ ↓ ↓ 3.81 (5) 10.02 (4) ↓ ↑ ↓ 3.50 (6) 8.47 (6) ↓ ↓ ↑ 2.32 (7) 17.72 (1) ↑ ↑ ↔ 1.11 (8) 0.61 (14) ↓ ↓ ↓ 0.89 (9) 13.39 (2) ↓ ↓ ↔ 0.09 (23) 2.49 (9) ↑ ↓ ↔ 0.27 (15) 1.79 (10) All other combinations 3.91 7.01 Table 4: Median Cumulative Pay Change by Initial Pay 2005/08 2008/11 2005/11 (3 year) Bottom Tercile .183 .009 .187 Middle Tercile .166 -.023 .128 Upper Tercile .153 -.064 .086 All 4 years .165 -.020 .129
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