Workers in line for pay rises as more than 70% of firms plan wage increases

Ibec says companies to hike basic pay next year in line with two per cent awarded this year

21st October, 2015
Ibec says 67 per cent of companies plan to award pay rises this year Pic: Getty

More than 70 per cent of companies plan to increase basic pay next year with the median pay increase set to be similar to the two per cent awarded this year and last year, Ibec said.

The employers's lobby group said 67 per cent of companies are set to award pay rises this year, up from 57 per cent at the start of the year, while 71 per cent plan to increase basic pay in 2016.

"The combination of pay...

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