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UK firms plan biggest pay rises since 2012 to attract staff

UK firms plan biggest pay rises since 2012 to attract staff

Reuters pick this up from the UK's the Chartered Institute of Personnel Development (CIPD)

  • survey by CIPD said 55% of recruiters planned to lift base or variable pay this year as they struggle to hire and retain staff in Britain's tight labour market
  • expected median annual pay awards in 2023 rose to 5% - the highest since CIPD records began in 2012 - from 4% in the previous three months.
  • More than half of respondents reported having problems filling vacancies, and n... Read More
Posted: Feb 13 2023, 00:17
Author Name: forexlive
Views: 111415

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