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2022: Year of Massive Pay-rises?

One of the biggest fallouts of the “Great Resignation” is a huge hike in starting payment rates for staff. It’s not just starting salaries. In an effort to improve retention, many businesses are resorting to significant pay-rises to convince staff to stay. Pret a Manger has announced more than £9 million invested in pay rises. What are the implications of this change? And how can you meet market demand when you don’t have the money to do so? We analyse our pay data, collected from Croner Reward clients, to give you expert insight and predictions…

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