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AUTHOR: Jo Doonar
Our pay forecast survey finds that many private sector employers are anticipating pay awards of just 2% during 2012. Factors including redundancies and pay freezes are not uncommon, although some organisations appear to be unaffected by the volatile economy.
On this page:
Audio: Private sector pay forecasts
The 2012 pay climate
Cutting paybill costs
Chart 1: Steps taken to limit or reduce paybill
Pay plans for 2012/13
Chart 2: Employers' pay plans for year ending February 2013
Another year of pay rises at 2%
Box 1: Summary of pay predictions
Smaller organisations continue to freeze pay
Spotlight on April 2012 pay deals
Influences on pay deals in 2012/13
Key upward influences
Key downward pressures
Balance of pay pressures
Chart 3: Key negotiation pressures for 2012/13
Changes to terms and conditions
Employers' views on the pay outlook
Chart 4: Employers' views on current and future pay decisions
Table 1: Employers' pay award predictions for the coming year, by sector
Table 2: Predicted influences on the 2012/13 pay round
Table 3: Predicted key upward and downward pressures on the 2012/13 pay round
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