UK – Starting salaries are stagnant

Starting salaries are expected to remain low for the rest of the year after a wide ranging jobs survey found only 2% of employers handed an above-inflation pay rise to new recruits in the last year.

Only 20 out of 1,000 employers said they had paid a significant rise to new workers, adding to concerns that a surge in job creation over the last 18 months and skills shortages have failed to increase take-home pay.

The survey, by the Chartered Institute of Personnel and Development (CIPD), is likely to make a significant contribution to the debate over wages growth, which official data on Wednesday is expected to show stagnated in June.

via Starting salaries stagnant across the UK and wages may fall | Money | The Guardian.