• Home
• News
• About Us
• Contact Us
• Buy Legal Documents
• Take on my case

Many employees operating in the private sector saw their salaries go up in the opening quarter of the year, a new study has revealed.

Research conducted by Income Data Services established that wages in this arena went up at their quickest rate for two years in the first three-month period of 2011 to a level of three per cent.

These positive figures were offset by the fact that many workers in the public sector continued to witness their pay being frozen, but the survey showed that median settlements for the economy as a whole were around the 2.5 per cent mark.

However, this pales in comparison with the consumer price index inflation increase to 4.5 per cent witnessed in April, meaning that many people are likely to struggle to make ends meet with their wages.

This comes after the Chartered Institute of Personnel and Development revealed that 65 per cent of companies are planning to increase their base pay awards in 2011.
 

02/06/2011 15:17