Employment

Employers likely to give pay rises of up to 5%

Seven in ten employers increased salaries to retain staff in 2022, according to the survey.

Trayc Keevans, Global FDI Director, Morgan McKinley Ireland

Pay rises are likely to be in the region of up to 5 per cent this year across a range of sectors, according to a new report from Morgan McKinley.

For the more niche and in demand positions, salary increases of between 10-15 per cent could be in prospect, the global talent services company said.

Last year, seven in ten employers had to increase salaries to retain staff, according to the survey.

Overall, 60 per ...