Monday, 20 October 2014

Britain Needs a Pay Rise - or at least fair Pay Differentials!

Saturday saw the TUC's 'Britain Needs a Pay Rise' march in London and other UK cities.

I think we saw the effect of pressure on reward after years of low or no or negative pay rises (the Bank of England suggests that average weekly wages adjusted for inflation have fallen 5% since 2010).

Low expectations of pay increases was of course one of the issues identified in my discussion on Glassdoor's Q3 2014 Employee Confidence survey which I reviewed last week and is shown in the graph above.

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