Pay growth still stuck in the slow lane, says TUC

21 May 2015

Commenting on the publication today (Friday) of the latest data from pay analysts at XpertHR, which suggests that pay growth is stuck below pre-recession levels at just 2 per cent, TUC General Secretary Frances O’Grady said:

“Pay growth is still weak and this survey suggests it isn’t going to improve any time soon. Stagnating prices have given workers a modest rise in real wages, but nothing like the boost needed to restore lost living standards.

“The lack of decent pay growth is one of the great failures of the Chancellor’s economic plan. A secure recovery depends on a better plan with higher investment in infrastructure and skills as the foundation for pay rises that workers have waited years for.”

NOTES TO EDITORS:

- All TUC press releases can be found at www.tuc.org.uk
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