Research conducted by HR intelligence firm XpertHR has shown the median basic pay increase across the economy was just 2% in the three months up to July 2011.
XpertHR found that most employers are more likely to set wages according RPI inflation when setting wage increases, with more than 80% of those using a measure of inflation as a guide to the level of pay award. Pay awards have been below the level of RPI inflation since the end of 2009, and there…
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