Pay Hike (Small) For Tech Workers
However, most of these pay rises will be only be between one and five percent. Around 35 percent of the respondents said their employees would receive a bonus while 65 percent of respondents said not.
“Salary increases are in line with previous years and we can expect modest rises across the industry, said Michael Page technology director Niall O’Rourke. “Some skill sets can demand more and it is becoming a common trend for employers to include a completion bonus for fixed-term contracts to encourage people to stay.”
Most popular ways of retaining staff include financial incentives (21pc), strong company culture (64pc), recognition and rewards (46pc), training and mentoring deals (40pc), work/life balance initiatives (58pc) and global opportunities (12pc).