However, findings in the latest CIPD/KPMG quarterly Labour Market Outlook survey show that almost two-thirds of employers are planning to award staff pay rises of less than 3.5% as recruitment difficulties worsen.
A third of companies are expecting to award pay increases of between 3% and 3.5% and only 13% of companies say they will award rises of 4% or more. The outlook for redundancies appears bleak, according to the survey, with an increase in the proportion of employers intending to make some staff redundant, up from 20% to 23% since a similar survey was completed in the autumn.
A CIPD spokesman said: ‘The increase is evident in all broad sectors of the economy, but especially in the public services, where 30% of employers intend to make redundancies.’
Login to comment
Comments
No comments have been made yet.