The report tackles one of the ‘facts of working life’ in the UK, namely the long-term trend for pay to rise faster than prices. Since 2009, this trend has come to a halt. Depending on the measure of inflation used, average regular weekly earnings (excluding bonuses) are now between 8% and 10.4% lower in real terms than in January 2009. This has not happened before for at least half a century and quite probably much longer. A summary of the key findings is also included.
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Explore the findings and recommendations from the CIPD’s survey exploring health, wellbeing and absence in UK workplaces
Insights into productivity and people management practices
This quarterly survey is one of the most authoritative employment indicators in the UK and provides forward-looking labour market data and analysis on employers’ recruitment, redundancy and pay intentions