Annal Nayyar blogs a Report that highlights pay divide between public and private sectors

A new pay divide is opening in the UK with public sector workers more likely to see wages frozen than their private counterparts – a report suggests.

Analysis from the Chartered Institute of Personnel and Development (CIPD) found 54% of public sector employers froze staff pay in the 12 months to December 2014 in comparison to just over a third of private sector bosses.

The latest Labour Market Outlook found two fifths of the UK workforce saw either a pay freeze or cut over the same period, while a similar proportion received a wage increase of 2% or more.

The public sector is due to continue to ‘lag behind’ the private sector in terms of basic pay rises over the next year, with increases anticipated to stand at 1% compared to 1.5% in the voluntary sector and 2% in the private sector.

Analysts said that disparity on pay rises was creating ‘a tale of two workforces’ despite continuing job growth.

 

Both comments and pings are currently closed.

Comments are closed.