Pressured into Pay Rises

Employers are under increasing pressure to award bumper pay rises, according to a survey commissioned by Croner Reward. They asked bosses for details of pay awards given and the reasons for granting them.

Many said they were feeling the pressure from staff because of rising inflation due to fuel costs and
energy prices. They also blamed public sector pay agreements for influencing salary negotiations
within their own businesses.

The survey found:

• Most employers gave pay rises higher or in line
with last year’s award – but 30% gave less

• The basic percentage pay rise across the board
was between 2% and 4%

• The need to retain staff influenced pay decisions,
rather than lose staff and go through a costly
recruitment process

Pressured into Pay Rises

Employers are under increasing pressure to award bumper pay rises, according to a survey commissioned by Croner Reward. They asked bosses for details of pay awards given and the reasons for granting them.

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