UK Employers’ Pay Awards Cool to 3%, Brightmine Data Shows

UK employers’ pay awards cool to 3%, Brightmine data shows

UK employers’ pay awards cool to 3%, Brightmine data shows

UK employers' pay awards cool to 3%, Brightmine data shows

Pay settlements by British employers have cooled, adding to signs of a softer labour market as ​businesses said they faced higher employment costs ‌and tighter budgets, a survey showed on Wednesday.

79% of employers gave pay rises in January – but only senior pay rose above inflation

Over three quarters (79%) of professional services firms have reported that they gave their employers a pay rise this January – with the average increase being…