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The big rise in the minimum wage comes as the Bank of England warns that the current pace of wage growth in the broader economy, which reached around 8% earlier this year, would make it hard to return inflation to its 2% target, Reuters noted.

Another Mercer study — Inside Employees’ Minds (IEM) — revealed just 1 in 2 U.S. women (53%) felt their career goals could be met by their current employer, lower than prior years.

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The average weighting of employee metrics in performance-related pay across the FTSE 100 was 2%.

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