Cost of living | Half of UK firms have denied staff pay rises, data shows

Half of UK firms have denied staff pay rises, data shows

Britain’s workers seeking pay rises and extra help from their organisations are often coming away empty handed, research by the Chartered Management Institute has shown.

Whilst half of companies are providing basic pay awards, 48% reported that no raises are being offered or that they were unaware of plans to do so. The research also showed that 1 in 3 private sector managers is concerned about the financial strength of their organisation.

Upgrade to access

This content is only available to members of myGrapevine+.

myGrapevine+ is the latest way we are supporting a growing community of forward-thinking business leaders. Members can access a host of specially developed content and tools that aren't available anywhere else, helping you set new standards in business and people leadership every day.

  • Access to exclusive member-only content including:
    • The 'Leaders Series', a set of video interviews with leading business and HR voices
    • Strategic deep dives and expert tips for professional development and innovative practise
  • Access to the entire archive of news, features and insights from HR Grapevine and our other sites.
  • Unlimited access to the full back catalogue of our award-winning Magazine and other publications.

First month just £1! *

* Billed via Credit/Debit card at £1 for first month, then £22.99 per month. One time use only.

Welcome Back