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Pay Trends Jan 2017
Pay & Labour Costs Poll
1.
What was your average pay settlement in 2016?
%
Settlement month
2.
What average settlement is expected for 2017?
%
Settlement month
3.
How do you expect the annual change in total labour costs per employee to compare to last year?
Significantly lower (more than 1%)
Slightly lower (0.1 - 1%)
Unchanged
Slightly higher (0.1 - 1%)
Significantly higher (more than 1%)
4.
How do you expect the following factors to affect growth in total labour costs per employee compared to 2016?
Much slower
A little slower
Same
A little faster
Much faster
Consumer price inflation expectations
Much slower
A little slower
Same
A little faster
Much faster
Ability to pass on cost increases to price
Much slower
A little slower
Same
A little faster
Much faster
Change in non-labour input costs
Much slower
A little slower
Same
A little faster
Much faster
Change in company performance
Much slower
A little slower
Same
A little faster
Much faster
Changes in productivity (e.g. tick faster if labour costs grow faster because productivity has improved)
Much slower
A little slower
Same
A little faster
Much faster
Ability to recruit/retain staff
Much slower
A little slower
Same
A little faster
Much faster
Availability of foreign workers
Much slower
A little slower
Same
A little faster
Much faster
National Living Wage
Much slower
A little slower
Same
A little faster
Much faster
Employer pension contributions
Much slower
A little slower
Same
A little faster
Much faster
Economic uncertainty (inc. UK future trading arrangements)
Much slower
A little slower
Same
A little faster
Much faster
Other (e.g. apprenticeship levy; average hours worked) - specify below
Much slower
A little slower
Same
A little faster
Much faster
Other (please specify)
5.
Please make any comments here
6.
Which sector best describes your business?
Business services
Manufacturing
Construction (inc. property)
Consumer services
Other
7.
Please indicate how many staff are employed. Thank you for your time - findings will be included in future Chamber communications.
