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XpertHR's Pay Planning for 2015 report provides a comprehensive overview on how organizations across the country are forecasting their pay planning awards and changes to compensation strategies for the year ahead. XpertHR surveyed over 160 HR and reward specialists responsible for 627 separate employee groups, from the boardroom to the shop floor.
Survey findings reveal 2 in every 3 employers are set to increase pay rates in the year ahead, with most looking to award 3% in the 2015 pay round as employee productivity, company performance and the need to recruit and retain combine to keep headline pay increases above the rate of inflation.
The report also includes visual charts and answers to questions such as: