XpertHR will shortly be publishing the results of a new survey of private sector employers that asks them about their pay intentions for the year ahead.
The survey of 315 firms - employing more than three-quarters of a million people - will suggest that wage rises in the private sector are set to remain low or modest at best over the coming year (I'll post more about these findings on the Pay Intelligence blog when the survey is published tomorrow morning).
One question asked employers whether they thought that their organisation would be making any changes to employment, pay or employee terms and conditions over the coming year.
I have used wordle to create the word cloud below based on the responses of the 174 employers (55% of the sample) that both answered yes to that question and told us what changes they anticipate (for the 12 months to the end of February 2012).
In view of the fact that the Government is hoping that the private sector will be able to create more than enough jobs to compensate for those being lost in the public sector, the prominence of the word "redundancies" - dwarfing "recruitment" - makes for sobering viewing.
But an equally high number of employers mention benefits as on their to-do-list for the coming year, with more planning to enhance benefits than reduce or remove them.
After redundancies and benefits, job evaluation comes in a surprising third place, with many employers planning to take a look at their pay and grading structures over 2011/12.
I'd be very interested to hear views on this snapshot of private sector plans and prospects, especially those of private sector employers or employees.
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