Research: Labour Market Outlook

The latest Labour Market Outlook survey suggests that most private sector workers are still not pushing for pay rises, despite falling real wages and low unemployment.

Key findings:

• Only a quarter of employers in the private sector say they are under some or significant pressure to raise wages from the majority of their workforce, while 38 per cent say they face no pressure at all to raise wages. 
• Almost three-fifths of public sector organisations say they are under some or significant pressure to raise wages for the majority of the workforce. In addition, a quarter say that they are under some or significant pressure to raise wages for certain roles. 
• Consistent with the trend over recent years, the report’s median average basic pay increase expectations are higher in the private sector (2%) than in the public (1%) and voluntary (1.5%) sectors.

The latest quarterly CIPD/The Adecco Group Labour Market Outlook surveyed more than 2,000 UK employers.