Employers in the United Kingdom expect to raise pay for workers by 3 percent in 2022, the highest in at least a decade, as they look to bring in more workers and boost retention rates. But the increase will still fall short of the rate of inflation across the country, according to a survey by the Chartered Institute of Personnel and Development (CIPD). CIPD surveyed more than 1,000 employers in January 2022 about their hiring, pay, and redundancy intentions for the first quarter of this year. The London-headquartered company found that planned median annual pay award expectations rose to 3 percent, the highest recorded since the report started in its current form in 2012 and representing a 2 percent increase from three months prior. However, with the Bank of England forecasting inflation to cross 7 percent in 2022, reaching 7.25 percent in April 2022, CIPD says most UK workers will effectively be left facing a real-term pay cut this …