More than half of Irish employers plan to increase pay this year however, the average increase is expected to be 2.9%, down from a high of 5% in 2022.<\/p>\n
That is according to a survey from the professional body for the HR industry CIPD and Industrial Relations News (IRN).<\/p>\n
The Employment Practices Survey found that 78% of employers increased salaries in 2025, but 59% are planning a pay rise this year.<\/p>\n
The average increase is projected to be 2.9%, down from 3.3% in 2025 and 4.2% in 2024.<\/p>\n
The research found that 44% of respondents intend to increase employee numbers this year, while 14% are planning to decrease headcount.<\/p>\n
“A clear downward trend in pay growth is emerging in the private and semi-state sector,” said Alison Hodgson, CIPD’s Country Director for Ireland.<\/p>\n
“While many employers still plan to raise pay, the pace of increases is slowing as organisations take a more cautious approach in the face of ongoing economic uncertainty,” she said.<\/p>\n
“The housing crisis is also continuing to shape the labour market in a very real way. Employers are telling us that difficulties securing affordable accommodation are making it harder to attract and retain staff,” Ms Hodgson said.<\/p>\n
“As a result, flexible and hybrid working are becoming even more important tools for employers trying to access and keep talent,” she added.<\/p>\n
135 private sector and commercial semi-state employers completed the survey.<\/p>\n
It is being released to coincide with the IRN Annual Conference which takes place in Croke Park today.<\/p>\n","protected":false},"excerpt":{"rendered":"More than half of Irish employers plan to increase pay this year however, the average increase is expected…\n","protected":false},"author":2,"featured_media":342299,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-342298","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/342298","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=342298"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/342298\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/342299"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=342298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=342298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=342298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}