Pay growth to stay weak, says forecast - BBC News
And yet we are awash with work permits for overseas workers in many industries including IT of course....
Pressure on incomes looks set to continue, with pay rises forecast at 1% over the next year, a survey predicts.
Despite falling unemployment, wage growth is weak because the supply of labour has also gone up, says the Chartered Institute of Personnel and Development (CIPD).
The CIPD said for every low-skilled job, there were 24 applicants.
There were also 19 candidates for every medium-skilled job and eight for every high-skilled vacancy.
Despite falling unemployment, wage growth is weak because the supply of labour has also gone up, says the Chartered Institute of Personnel and Development (CIPD).
The CIPD said for every low-skilled job, there were 24 applicants.
There were also 19 candidates for every medium-skilled job and eight for every high-skilled vacancy.
Comment