Employers are feeling the heat from staff demanding pay rises to offset rising fuel costs.
More than eight out of 10 employers (83%) claim that inflation is having an impact on how they pay their staff, according to a report by Croner Reward.
Organisations blame public-sector pay agreements, trade unions and skills shortages for staff successfully influencing salary negotiations.
The survey found most employers (70%) gave pay rises higher or in line with last year, with the basic pay rise across the board averaging between 2% and 4%.
Looking to the future, 32% intend to pay bigger rises next year, although a quarter said they would give smaller rises.
Employers said the need to retain staff rather than go through a costly recruitment process was a factor in their pay decision with more than half (53%) explaining skill shortages were having an effect on pay awards in their organisation.
0 comments on this article
MA Business & Leisure Limited © Copyright 2015, All Rights Reserved
Send to a friend