Private sector employers forecast a year of pay restraint
Author: Sarah Welfare
Our survey finds the majority of private sector employers anticipating a year of restrained pay rises ahead, with 2% the most popular prediction for a pay award. Meanwhile, redundancies, benefit reviews and job evaluation look set to keep firms busy over the coming 12 months.
Key points
- The median of private sector employers' pay rise predictions for the coming 12 months is just 2%.