Retail employers raise salaries to attract staff

Leading
employers in the retail sector are increasing salaries to attract and retain
staff in an increasingly tight labour market.

New
research has found that more than a quarter of HR managers in the sector expect
a higher demand for staff this year, and are raising base salaries to beat
competitors to the available talent.

The
study of 70 leading retail outlets also discovered that pay rises in the sector
have increased. They now run from a minimum of 2.8 per cent to a maximum 9 per
cent for base salaries and from 4.5 per cent to 12.6 per cent for total cash.

Retail
staff in the North East of England are the worst paid, getting 13 per cent less
than the national average, while London workers earn 4 per cent above it.

www.haygroup.co.uk

By
Ross Wigham