Almost three quarters of companies plan to award pay rises next year

Median wage increase will remain at 2% in 2017

27th October, 2016
Median pay increases of two per cent. Pic: Pixabay

Employers' group Ibec has published a pay survey showing that 71 per cent of companies plan to increase basic pay next year.

The median increase is two per cent, similar to the last three years.

This year 64 per cent of companies will award pay increases, a figure revised downwards from 71 per cent at the start of the year and 69 per cent in April.

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