The majority of company staff saw their pay packets remain static or shrink in 2011. Some 48% say that their pay was frozen and 5% suffered a pay cut, with just 18% receiving a cash bonus, according to CIPD.
51% of private sector employees have had a pay rise since the start of 2011 compared to 45% in the not-for-profit sector, but just 24% of those in the public sector have received an increase. Public sector employees (70%) are most likely to have seen their pay frozen in 2011, followed by those in the not-for-profit sector (48%) and the private sector (42%).
Among those who did receive a pay rise in 2011, satisfaction levels have dipped slightly since last year, but net satisfaction remains strongly positive (+56 in 2011 compared to +61 in 2010).
APA is about to launch its own ‘profession specific’ pay and attitudes survey and expects similar results. APA Director General, Gareth Osborne said: “PA still seem to be fairing well in the marketplace and receiving additional reward as the job becomes more challenging and as other staff, including senior managers, are released.”
APA
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