Employers’ basic pay growth expectations hit three and a half year low

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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

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