Subdued pay projections of just 1% and rising inflation heighten fears of fall in living standards
Posted inStatistics and trendson15 May 2017 Company ProfileCIPDView profile »
Workers face a squeeze on their earnings as employers anticipate awarding median pay rises of just 1% in the year ahead, according to findings from the latest CIPD/The Adecco Group Labour Market Outlook survey.
The survey of more than 1,000 employers suggests that the UK economy is about to be hit by a fall in basic pay awards and real wages. According to the survey data, employers’ median basic pay expectations in the 12 months to