Graduates looking for jobs in the private sector
have received good news after employers predicted pay intentions will
reach their highest level since 2009.
A survey commissioned by the Chartered Institute
of Personnel and Development (CIPD) found that 35% of employers in the
private sector expect to offer a pay rise in 2012, with the average
increase inching up from 2.1% to 2.2%.
The study also determined which sectors were
forecast to provide the greatest increases, with manufacturing and
production firms predicting the highest rises, of around 2.9%, followed
by service sector employers at 2.7%.
Companies were asked if they planned to increase,
freeze or decrease pay in the 12 months up to December 2012. The CIPD
found that the expected mean basic pay settlement was 1.7% overall,
compared to 1.5% in the previous quarter and 1.3% in the same period of
last year.
Graduate-jobs.com
Feb 12
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