Over half of employers claim pay rises are on the cards for their staff this year.
A new survey by Excel Recruitment found a further third of bosses say they were uncertain as to whether they would be increasing workers' pay.
However, despite the prospect of salary increases, 74 per cent of employees say they could look for a new job in 2022.
The research found salaries are increasing across the board, as certain sectors feel the shortage of a supply of talent.
56% of participating companies said they plan on hiring more workers in 2022.