Pay increases ahead according to new research!

According to the latest JobsOutlook survey from the Recruitment and Employment Confederation (REC) more than a quarter of employers (28%) plan to give workers a pay rise this year and a further 40 percent are still considering increasing wages. The survey also reveals that more employers plan to increase their workforce over the next quarter and next 12 months.

Asked about their plans for permanent headcounts in both the short and medium term:

• 76% employers say they will make more offers of permanent work in the next 3 months, up 7 points from February survey. • 81% say they will directly employ more staff over the next 4-12 months, up 9 points since February.

The REC’s chief executive Kevin Green said this was due to both the economy picking up and confidence growing as well as the growing scarcity of skilled candidates - businesses will be keen to do what they can to hang on to the staff they have!

Visit www.rec.co.uk to see the survey in more detail.