The majority (63.6%) of managers in Ireland expect salaries in their organisations to stay the same in 2011, according to figures from Morgan McKinley’s latest Salary Survey 2010.
The company surveyed 723 senior-level operational and HR managers across the finance, technical, office support and IT functions in organisations in Ireland.
Karen O’Flaherty, chief operations officer at Premier Group Ireland, said: “The majority of managers expect salaries to remain stable over the next 12 months. A further 25.7% of respondents believe salaries are likely to rise over this period.
“It is encouraging this is a slight uplift from Morgan McKinley’s previous Salary Survey (conducted in April 10) in which 22% of respondents expected to see salary increases within their businesses.
“During the downturn, a number of companies froze some or all elements of their compensation packages in order to manage costs in the short term. As the market recovers, more [organisations] are seeking advice on their remuneration structures, indicating a renewed focus on pay and rewards.”
Read more articles on salary increases and decreases