Last year, 53% of employers said they intended to scale back pay rises.
The BoE, which held interest rates at 5% on Thursday after cutting them in August, is watching wage growth closely as it moves cautiously with further reductions in borrowing costs.
IDR said 45% of organisations plan to raise pay by between 3% and 4% in 2025 as the scarcity of candidates to fill jobs eases a bit and inflation weakens.
The survey was based on responses from 100 employers, 72% of whom were in the private sector.
IDR said earlier this month that the median pay settlement awarded by major employers dropped to 4.0% in the three months to July, the lowest since August 2022 and down from 4.8% in the three months to June.
