Charles Cotton, rewards adviser at the Chartered Institute of Personnel and Development (CIPD), said an indication of this is that private sphere firms, including those involved in sales recruitment, are expecting to roll out salary increases in the coming months.
His comments followed the publication of a poll by the CIPD which found that 52 per cent of UK private sector companies expect to increase employee pay over the next 12 months.
Mr Cotton explained: "If a salary rise indicates an organisation's confidence in the future then, given the rise in pay predictions, private sector firms are becoming less wary of what the next 12 months has in hold for them."
Meanwhile, the latest data issued by the Office for National Statistics has shown that UK unemployment fell by 36,000 in the three months to the end of March and now stands at 2.46 million.
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Posted by John Oak and Wayne Bly
Source: The Sales Director News