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What is my salary now worth???

Not entirely sure of the way to calculate this, can anyone help?? My hourly rate of £10.46 has been the same since 2008. 2012/2013 brings the 4th year with no increase of any sort, so with inflation etc what would this be worth now in comparison? Thanks for any help!!

Comments

  • Steer100
    Steer100 Posts: 66 Forumite
    10 Posts
    About 4% less per year I do believe.
  • SeduLOUs
    SeduLOUs Posts: 2,171 Forumite
    Haha, everyone at my work keeps going on about 'cost of living' increases and seem to have forgotten that the country has recently plummeted into a disaster.

    They seem to go quiet when people asked if they'd considered cost of living decreases...
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