Pay awards hit highest level since 2008
Employee Benefits
FEBRUARY 18, 2022
The benchmarking and compliance specialist analysed 101 salary settlements that became effective in the three months to the end of January this year, covering more than 170,000 employees. It found the sharpest rate of increase in pay since December 2008 and a significant jump from a median award of 2% in the rolling quarter to December 2021.
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