CIPD: 48% experienced pay freeze in 2011
Posted by Chris Stevenson
Nearly half of all employees across Britain experienced a pay freeze last year, new research has revealed.
According to a study published by the Chartered Institute of Personnel and Development (CIPD), some 48 per cent of workers in all sectors saw their salary remain the same in 2011.
Furthermore, the body's Employee Attitudes to Pay survey established that less than one-fifth - 18 per cent - of people enjoyed a cash bonus for their efforts throughout this period, with five per cent enduring a pay cut.
With this in mind, many people are now readjusting their expectations when it comes to their wages in the next 12 months and satisfaction with salaries has dipped slightly since last year.
Charles Cotton, rewards advisor at the CIPD, observed: "Employers must try harder to explain what performance the organisation values and how it will reward and recognise this."
This comes after Prue Watson of the Federation of Small Businesses indicated that falling pay packets will have a negative impact on firms' growth in 2012. 
03/01/2012 12:00
News category: Employment

