UK - Winter pay outcome in the balance as recruitment difficulties worsen

The latest CIPD/KPMG quarterly Labour Market Outlook survey finds that a majority of employers expect to award staff pay rises of less than 3.5% in the busy winter pay round. But with recruitment difficulties expected to worsen at a time when employees are looking to match the recent spike in price inflation, at least 1 in 5 employers appear to be keeping their pay options open.

Winter pay outcome in the balance as recruitment difficulties worsen