pay rise

Just Half of Employees Received Pay Rise in 2009

Just Half of Employees Received Pay Rise in 2009

Two thirds of employees received a pay rise last year, but just half received one in 2009, research from the Chartered Institute of Personnel and Development (CIPD) has highlighted. However, the survey also revealed that the number of employees who were satisfied with their pay rise has doubled since last year — from 31% to 62%. In addition, 41% of staff had their pay frozen this year, compared with 21% in 2008. “Businesses need to engage with staff and explain what their position is on salaries,” said HR consultancy firm the Efficiency Coach’s founder, Heather Townsend. “If a firm explains that times are still tough then employees are more likely to accept the situation than if a freeze is put in place when the indications given out are that a company’s... »

Be Honest about Pay Rises Employers told

Employers under pressure to give pay rises they cannot afford must be frank with staff. Research from business consultancy firm Croner Reward revealed that just 30% of employers have given a pay rise below last year’s level, despite the economic slowdown. The research highlighted that inflation and public–sector pay deals have been strong influences on pay–award decisions. According to CR’s business director, Andrew Walker, employers need to be open with employees and not just make pay awards that could result in the need for business cuts in the future. “The reality is that small–business owners and managers are facing the same pressures as their staff – their tax bills are going up, their utility bills are going up and their fuel bills are going ... »