CIPD report says businesses face higher costs after tax rises in budget as public sector benefits from above-inflation pay rises
Pay awards for public sector workers in Britain are set to overtake the private sector for the first time in four years, according to a report, amid growing business alarm at the government’s tax plans.
After October’s budget confirmed above-inflation pay rises for public sector workers and higher taxes on employment, the Chartered Institute of Personnel and Development (CIPD) said there was a growing divide in the outlook for jobs and wages.
