Tuesday 10 May 2011 @ 09:41
Think Tanks
Think Tanks
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Public sector pay still rising faster than in the private sector
New research from Policy Exchange reveals that the gap between public sector and private sector pay is still rising. Despite private sector workers losing out during the recession, public sector workers have seen their advantage grow.
The new analysis shows that despite the coalition’s attempt at pay restraint, public sector salaries continued to rise as late as December 2010.
That was despite pay for many workers in the private sector actually falling even before inflation is included – meaning that many private sector workers will have seen drastic cuts in their standard of living.
This study shows that the public sector 'premium' – the additional pay a typical public sector worker receives over a private sector worker.
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