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Initial thoughts for my place: 3.5% to wage bill 0% to Mgt Team 0% to those I want to encourage to leave 1% to 8% for the rest, based on their placement in a 2x2 matrix, with the axes being a) objective measure of individual performance and b) more subjective measure of attitude/behaviour...

I’ve just started the budgeting process for next FY. The biggest imponderable, and largest cost increase variable, is the average pay rise. I can make an argument for anything between 0 and 6%. Oh joy.