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.
It said businesses were facing increased costs that could "act as a barrier to growth and could lead to employers offering lower pay rises", just as the public sector was starting to benefit from stronger pay after years of restraint.
This story is from the November 11, 2024 edition of The Guardian.
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This story is from the November 11, 2024 edition of The Guardian.
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