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#371892 - 8th Dec 2009 2:06pm Pay Rises will be Overtaken by Rising Inflation
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Warning that pay rises next year will be overtaken by rising inflation



PAY rises will average 1.6% next year, lagging behind inflation, says global management consultancy Hay Group.

It predicts private sector pay rises will be 2% and 1% for public sector staff, leaving workers worse off in 2010 as inflationary pressures boost the cost of living.

A separate Hay Group report also reveals that workforce engagement has been hit during the recession and that a ‘talent exodus’ looms as large numbers of staff look to move on from their current employer as the recession eases.

THE ECHO

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#371954 - 8th Dec 2009 4:15pm Re: Pay Rises will be Overtaken by Rising Inflation [Re: ]
Sanchez Offline

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Registered: 17th Dec 2003
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Loc: my house
Figures, nothing new there though tbh.
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#372234 - 9th Dec 2009 11:05am Re: Pay Rises will be Overtaken by Rising Inflation [Re: Sanchez]
AX_125 Offline

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Registered: 10th Nov 2003
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havent had a pay rise in 3 years anyway.
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