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Wage Rises Plunge Below Infaltion

Wednesday, April 12, 2017

‘Disturbing’ figures show millions feeling the pinch says union.

Disturbing figures showing wage rises have now dropped below inflation, making GMB’s’ End The Public Sector Pay Pinch’ campaign even more vital.

Inflation is currently running at 2.3%, while wages rose by just 2.2% in the three months to February 2017. [1]

This shows people’s pay is failing to keep up with the cost of living – meaning millions of workers will be feeling the pinch.

In the public sector, a Government cap of 1% on wage increases means the average full-time public sector worker has lost out to the tune of £9,000 since 2010.

If the cap remains in place they will stand to lose £4,000 more by 2020 – a total of more than £13,000. [2]

GMB demands as end to the real terms public sector pay cut, proper funding for public services, properly independent pay review bodies and a real living wage of at least £10 an hour for all public sector workers.

Rehana Azam, GMB National Secretary of Public Services, said:

“These disturbing figures show millions of workers are feeling the pinch in austerity Britain.

“Wages are falling in real terms for both private and public sector workers, but the situation is made even worse in the public sector by the cruel and unnecessary pay caps introduced by the Government.

“We should cherish our public sector workers – instead we offer poverty pay and increasingly poor conditions – no wonder recruitment is down and moral is at an all-time low.

“It’s time to do something about it –Theresa May must ends the public sector pay, properly fund our public services and pledge a real living wage of at least £10 an hour for all public sector workers.”

Contact: GMB press office on 07958 156846 or at press.office@gmb.org.uk

Notes to editors:

[1] https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/uklabourmarket/apr2017

[2] http://www.gmb.org.uk/campaigns/public-sector-pay-pinch
 

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