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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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Figures, nothing new there though tbh.


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havent had a pay rise in 3 years anyway.


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