09:15 - 16:15 | Wednesday, 6 March 2013 | Congress House, London, WC1B 3LS. Directions and Map | Accessibility
This pay forum will review pay developments in 2012 and look forward to pay prospects in 2013. Since 2008 real incomes have gone into reverse as high inflation has eroded the real value of wages and salaries, while pay rises have rarely matched the inflation rate. Some people have said we are in a new 'normal' of pay freezes and low rises.
This pay forum will focus on those parts of the economy where trade unions have negotiated higher increases, of 3 to 5 per cent, and those sectors where rises have been lower, at 2 to 2.5 per cent. It will also focus on the long-term pay freezes in the public sector.
Speakers will address a number of questions. Will we ever get back to normal bargaining on pay and inflation? Does this depend on a return to economic growth, or will growth prove elusive in an age of austerity? Will lower inflation in 2013 mean a larger proportion of pay settlements match the inflation rate? How long will it be before employees begin to re-build their household incomes back towards 2008 levels?
The panel sessions at the pay forum will have short contributions from a range of speakers plus time for discussion on topical issues. These include:
Booking is through the IDS website. For more information please contact jmann@tuc.org.uk
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