Largest employers’ pay rises

Some 21% of delegates at a recent conference of large employers such as IBM, Orange, Lloyds Banking Group, Time Warner and Paramount Pictures, said they intended to implement pay rises between 2.5% and 2.99% in in 2010.

While 17% of respondents are still unable to lift pay freezes in 2010, another 17% intend to raise pay between 1% and 1.49%, and 12% intend to increase pay by 2% to 2.49%.

Delegates were also asked how salary increases will be spread out across their workforce. The majority of respondents (32%) will be focusing on key groups, 30% will be applying pay rises across the workforce, and 7% will be focusing specifically on low earners.