Almost 75% of businesses plan to pay staff more

Businesses are more confident and are looking to reward their staff with nearly three-quarters of businesses planning to boost employees pay this year.

PwC’s 2014 Reward Trend Snapshot Survey found that on average the companies were planning on awarding just a 2% increase in salaries.

Senior manager with PwC Reward Advisory Services, Jenny Smyth, said that about a third of companies were planning on giving key personal larger sweeteners through bonus schemes.