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Private sector employers see higher pay rises continuing into 2008

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Source: IRS Employment Review

Issue: 882

Date: 19/10/2007

Publisher: IRS

Private sector employers see higher pay rises continuing into 2008

TOPICS:

recruitment	labour market and economy
pay and benefits	pay and grading systems pay levels and awards pay-related incentives/awards

SECTORS:
chemicals
construction
electricity, gas and water
engineering and metals
finance
food, drink and tobacco
hotels and catering
manufacturing (other)
paper and printing
public services
retail and wholesale
services (other)
transport and communication

Our annual pay prospects survey questioned 350 private sector employers on their pay intentions for the year ahead. It finds that employers expect pay awards to remain high in 2007/08, with predictions at a median 3.5%.

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