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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%.