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Personnel Today

New staff given higher pay rises

by Personnel Today 18 Apr 2000
by Personnel Today 18 Apr 2000

Finance staff who move jobs can expect a pay increase nearly twice as high
as if they stay in their old job, according to a survey.

Employers tend to give new recruits an average salary increase of 7.4 per
cent compared with 4.1 per cent to existing employees.

The survey by recruitment consultancy Robert Half International is based on
responses from 481 organisations.

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UK managing director Steven Carter said, "It is not surprising that
after several sessions downsizing, individuals feel they owe less loyalty to
their employers.

"There are still some severe skills shortages and although general
salary rises have been kept under control, employers are willing to offer more
to attract the right candidate."

Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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Personnel Today
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