EMPLOYERS SET TO AWARD RECORD PAY RISES IN 2022 IN THE FACE OF TOUGH RECRUITMENT, NEW CIPD RESEARCH FINDS

Research findings from CIPD tell us how employers are likely to combat recruitment and retention difficulties.

Employers anticipate making pay awards of 3% in 2022 as they look to combat increasing recruitment and retention difficulties. This is the headline finding from the CIPD’s latest quarterly Labour Market Outlook, which highlights the scale of the growing challenge facing organisations in finding and keeping staff, and how they are responding. This quarter’s pay award figure is the highest since the survey was initiated in 2012/13.

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