We are £1 better off compared to 2008

By Michael Burton | 19 February 2020
  • Michael Burton

It has been a long-time coming but latest figures show that for the first time since just before the recession almost 12 years ago, real pay less bonuses was more than the pre-downturn peak.

Furthermore the private to public sector ratio of total pay was 0.99 in December 2019, indicating near-equalisation between the sectors’ total pay levels, according to the Office for National Statistics this week.

Want full article access?


Receive The MJ magazine each week and gain access to all the content on this website with a subscription.

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

`

Already a subscriber? Login

Finance Pay Skills productivity
Top

Coronavirus Update

x

In light of the ongoing coronavirus crisis, some of you may not be able to receive your copy of TheMJ magazine. If you’d like to change your delivery address, please contact our subscriptions department at customer@hgluk.com
Read The MJ for free

OR
Keep up to date by subscribing to our daily newsletter

theMJ products