Subdued pay growth despite robust employment growth

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While employers remain optimistic about being able to increase employment (at least in the short term), there’s little sign of any wage growth for the next 12 months. And this isn’t likely to change in the medium to long term with the CIPD predicting that pay will remain stuck in the slow lane until at least the end of this decade – what it calls the ‘jobs-rich, pay-poor’ economy.
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