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UK 2009 pay rises among lowest in the world

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Source: IRS Employment Review

Issue: 922

Date: 29/05/2009

Publisher: IRS

UK 2009 pay rises among lowest in the world

TOPICS:

pay and benefits	pay levels and awards
international	France Germany Ireland Portugal United States Asia Pacific Latvia Slovakia

Salary increases for UK workers in 2009 will be among the lowest in the world, with the median basic salary increase expected to be worth only 1%, according to a study carried out by global management consultancy Hay Group¹. This is significantly below the median global projected pay rise of 2.8%.

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