Almost all private sector staff to get 2% pay increase next year according to Mercer consultants

Almost all private sector staff, no matter where they work, can expect a salary increase of just over 2% next year, according to a major report published this morning.

The findings from consultants Mercer signal that after the long years of contraction and recession, pay increases are definitely back on the agenda.

Mercer said that surveyed 135 firms and almost all — 97% of the sample — have budgeted to pay out salary increases in 2016.