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21.03.2019 14:59

XpertHR: UK firms expect to give 2.5% basic pay rise this year

British private-sector employers expect to give staff a basic annual pay rise of 2.5% this year, the same as in 2018, though some will delay awards until after government Brexit plans are clearer, an industry survey showed.

British wage growth rose to its highest in a decade at the end of last year at 3.5%, and the Bank of England sees only a slight slowdown in 2019 as employers struggle to find staff in the face of the lowest unemployment in decades.

XpertHR, a company that collates data on pay settlements at large employers, said firms it surveyed expected on average to award pay rises of 2.5% this year. Before 2018, 2% was the standard pay rise offered.


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