Inflation linked pay rises

Elissa discusses pay rises

Businesses may be coming up to the financial year end or perhaps pay review time.

Contracts often state pay will be reviewed every year but there is no guarantee that pay will be increased.

What about if the contract relates to inflation-based pay rises?

Check your contract of employment to see whether it says there is a contractual obligation to increase the pay or whether it is discretionary.

If you’re not sure, if the contract is vague or if it could be contained in policies ensure you take advice.


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