UK employees in line for a pay rise this year

UK employees in line for a pay rise this year

Half (50%) of UK businesses are expecting to give their staff a pay rise of at least 2% in the next year, according to a survey by business organisation British Chambers of Commerce (BCC) and online recruitment company Indeed.

And for some employees, the news is even better - the survey, of over 1,000 businesses found that 6% of firms will increase pay by more than 5%, 32% by 2-5%, 12% in line with consumer price inflation, and 18% by 1-2%. Only 2% of firms say that they expect to decrease salaries.

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