Sunday September 27, 2020

Growing numbers expect pay rise

While pay negotiations may be on the cards for employees of bigger companies, those who are working in the SME sector may find no such luck, writes Gareth Naughton.

26th January, 2014
Patrick Burke, partner, Grant Thornton: If you are in business today you are likely to stay in business'. Picture: Maura Hickey

With the economy stabilising and some companies predicting a return to profitability, the issue of pay negotiations is back on the agenda.

In a report released this month by business advisory group Grant Thornton, 38 per cent of the Irish companies surveyed said they expected to increase employee remuneration at or above inflation this year.

The finding reflects an increasingly positive attitude among Irish businesses, with 40 per cent of Grant Thornton's respondents reporting plans to...

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