Prospects for Professionals Positive in 2012?

A survey of over 500 HR professionals by Morgan McKinley has shown that one in five professional people expect take-home pay to increase over the course of 2012. The study covered HR and other managers working in manufacturing, financial services, IT and professional services, and found that 21 per cent believed salaries in their companies would rise in the coming 12 months. 58 per cent said that they expected their salary to stay at the same level. Amongh those expecting a salary rise the forecasted increase is modest – between one and five per cent.

Only four per cent of managers fear redundancies this reflecting the fact that 47 per cent of managers and professionals had a more positive outlook for their business than at the beginning of last year. 32 per cent saying their opinion had not changed.