British Employers Plan for Record High Wages Increase Despite Inflation Concerns: Survey Findings
A new survey has revealed that British employers plan to increase wages for their employees by 5%, the highest increase in at least 11 years. However, these wage increases would still be well below the expected inflation rate. The survey conducted by the Chartered Institute of Personnel Development (CIPD) found that 55% of recruiters plan to increase base or variable pay this year due to the tight labor market in Britain and the difficulties they are facing in hiring and […]
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