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Graduate pay packets will continue to feel the pinch for the third successive year, according to the latest analysis by IDS. While employers are still keen on recruiting university leavers, with around 44 applicants chasing every vacancy last year they are under little pressure to increase starting rates to attract the top talent. This year 70 per cent of employers intend to freeze pay, and of those organisations that are looking to increase starting rates, the average increase is forecast to be just 1 per cent – the same average level of increase employers offered in 2010. More
First it was the bankers, now it is the FTSE chief executives. From the shop floor to the boardroom, everyone has an opinion on the size of the pay packets of the country’s top earners. It is no surprise that findings such as IDS’ own analysis of directors’ pay in the FTSE 350 generated so much discussion a couple of weeks ago. More