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Salary increases keeping up with RPI since 2007. As it happens.

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Comments

  • geneer
    geneer Posts: 4,220 Forumite
    Median salaries can increase if you sack everybody in the lower ranks.

    Maybe so. But that hasn't happened.
  • d.ross_2
    d.ross_2 Posts: 593 Forumite
    geneer is still ignoring my request for a comparison with public sector pay. Or is this because the government couldn't manipulate those statistics enough to make them look good, so they didn't publish them??
  • jamesd
    jamesd Posts: 26,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Try "The difference between the median level of full-time earnings in the public sector (£554 per week) and the private sector (£473 per week) widened over the year to April 2010, following annual increases of 3.0 per cent and 2.0 per cent respectively" to start.
  • Old_Slaphead
    Old_Slaphead Posts: 2,749 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Batchy wrote: »
    50% of the workforce in the UK (if not more) is public sector

    Ask your local MP if you want it substantiated... lol

    Not quite.

    About 6m public sector and 20m private.
  • geneer
    geneer Posts: 4,220 Forumite
    d.ross wrote: »
    geneer is still ignoring my request for a comparison with public sector pay. Or is this because the government couldn't manipulate those statistics enough to make them look good, so they didn't publish them??


    See post 19.
    The difference between the median level of full-time earnings in the public sector (£554 per week) and the private sector (£473 per week) widened over the year to April 2010, following annual increases of 3.0 per cent and 2.0 per cent respectively.
  • d.ross_2
    d.ross_2 Posts: 593 Forumite
    geneer wrote: »
    See post 19.

    Well that just goes to show what a load of rubbish the government statistics are.
  • jamesd
    jamesd Posts: 26,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You mean the ones that inconveniently say that those in public sector employment are generally paid more than similarly educated private sector employees as well as getting better pension benefits?
  • d.ross_2
    d.ross_2 Posts: 593 Forumite
    jamesd wrote: »
    You mean the ones that inconveniently say that those in public sector employment are generally paid more than similarly educated private sector employees as well as getting better pension benefits?

    Yes, because public sector are usually paid less than private sector. As for the pensions, they generally get better pensions, but pay more into them.
  • jamesd
    jamesd Posts: 26,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    d,.ross, it is not true that public sector workers are normally paid less than the private sector once you look at comparable education levels.

    It is true that some public sector workers may pay more as a percentage of income than some private sector pension payers but to get the same benefits a private sector retiree would need to be paying in several times the public sector employee's contribution level. The difference is from the type of scheme and the very high employer contribution levels in the public sector. Or alternatively put, a private sector employee who paid the same amount as a public sector employee would get a far smaller pension income.
  • d.ross_2
    d.ross_2 Posts: 593 Forumite
    jamesd wrote: »
    d,.ross, it is not true that public sector workers are normally paid less than the private sector once you look at comparable education levels.

    Well lets see then, NHS staff earn far less than private hospital staff, county firefighters earn less than private firefighters (such as those who work for BAA), state sector teachers earn less than private school teachers, my sister is a social worker with a degree in child phsycology, and she only earns £19000. Public sector admin staff usually earn less than those who work for private companies.

    Private sector wages are still going up, yet public sector wages haven't gone up gor a couple of years now.

    These are just a few examples.
    jamesd wrote: »
    It is true that some public sector workers may pay more as a percentage of income than some private sector pension payers but to get the same benefits a private sector retiree would need to be paying in several times the public sector employee's contribution level. The difference is from the type of scheme and the very high employer contribution levels in the public sector. Or alternatively put, a private sector employee who paid the same amount as a public sector employee would get a far smaller pension income.

    The whole point is that these public sector employees have paid a large proportion of their wages into a badly managed pension fund for many years. And because it was badly managed they are now being forced to pay more, and are getting far less at the end of it. Public sector wages ARE generally lower, but the better pension at the end of it was sort of compensation for it.
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