Pay trends - how much up - or even down?

  • Thread starter Thread starter achilles
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achilles

With the RPI running at 5% businesses would be looking to pitch the next pay round at about that, or a bit more. OTOH, business is having to be cautious, and it looks like unemployment will rise, which should have a restraining influence on pay. Indeed, one commentator on Radio 4 this morning even floated the idea of pay decreases to save jobs. Which way do you thing wage rises/decreases will go over the next few months?
 
Somewhat surprised that this hasn't attracted more interest - the unusual circumstances at the moment make the impending pay settlements difficult to pitch, and I would have welcomed some thoughts. Are the majority of forum readers from one-person businesses?
 
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