Monday, April 22, 2024
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The indelicate matter of pay

How a request for a pay rise is received by an employer depends on where they are at in their usual pay review cycle, the industry in which they operate, and the extent of the competition. Most employees expect an annual pay increase at least in-line with inflation which is currently running at its highest rate in 40 years. It’s entirely understandable that employers can’t afford to offer 9 or 10% pay increases at the moment, particularly given that employers face increased national insurance contributions on top…

Read the Business Essentials column here

 

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