It's due to rising costs.
1 in 5 businesses are worried that they will not survive the next 12 months, according to a midlands recruitment expert.
Companies are concerned with rising costs and a widespread staff shortage that is expected to continue into 2030.
As a result, many are considering offering other benefits in place of pay rises, such as flexibility in hours and hybrid working and extra holidays.
Jasmine Elkhershi, Marketing Manager with AllPro Recruitment says that certain industries are more likely to offer pay rises than others:
Managers Should Consider Remote Work Where Possible- FRS
Tourism Minister Welcomes Government Short-Term Let Restrictions
Former Portlaoise Prison Assistant Governor Criticises Psychiatric Prisoner Numbers
Midlands Local Authority Submits Plans To Extend Living City Initiative
Laois Commuters Spend Up To Two Hours A Day Travelling To Work
"Clarity, Honesty And Fairness Must Come Before Profits" - Midlands MEP
Rent Increases Hit Westmeath Council Tenants
NUJ Warn Oireachtas AI Threatening Journalism
Midlands Tourism Businesses Awarded For Excellence
Man Accused Of Murder In 5 Star Laois Hotel Pleads Not Guilty
Time To Move On From Bord Bia Bickering - Midlands MEP
Three Midlands Schools In Line For New Special Classes
Two Men Hospitalised Following Midlands Assault
Midlands Wind Farm Opponents Face ‘Uphill Battle’
Laois Councillor Wants Clarity On NDP
"If You Build On A Floodplain, I Won't Protect You" - OPW Minister
Gardaí Investigate Laois Burglary
"The Right Action In The Wrong Location" - Action Group Campaigning Against Midlands Windfarm
Deadline For Observations on Westmeath Community Centre Tomorrow
Laois County Council Launch Youth Theatre Pilot Proposals