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Workers In Larger Companies Could Get Pay Rise Next Year

98FM
98FM

07:28 21 Oct 2015


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People working for high tech firms and larger companies look set for a pay rise in 2016.

A survey by employers group IBEC found 87 per cent of such companies plan to pay more next year.

Overall, 71 per cent of firms have pencilled in pay hikes for 2016, averaging at 2 per cent.

But IBEC claims that a significant number of firms, particularly smaller ones still can't afford to raise pay levels.

The group's head of Industrial Relations and HR Maeve McElwee believes pay moderation will benefit the economy:

 

 


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