My employer did this also (pay review was in March)...at a time of 10% inflation (I'm in the UK) and soaring mortgage costs. Lots of people are leaving as a re

My employer did this also (pay review was in March)...at a time of 10% inflation (I'm in the UK) and soaring mortgage costs. Lots of people are leaving as a result..jobs are still easy ish to come by and those jumping ship are still seeing gains.