Many workers in Scotland could honestly say they are not making as much as they did last year. A lack of wage rises means pay packets are failing to keep pace with growing inflation - the result being a real term cut in earnings.
The impact of pay freezes across many private sector firms, and the well-documented row over the public sector pay cap, is seen in the latest official figures on earnings north of the Border. They reveal the median, or typical, gross salary in Scotland for all employees as of April 2017 was £23,150.
From 2016-17, salaries for all employees in Scotland grew by one per cent, which meant a 1.6 per cent fall in real terms.
Over the year salaries for full-time employees in Scotland grew by 1.5 per cent, which was a 1.1 per cent fall in real terms.
The impact of pay freezes across many private sector firms, and the well-documented row over the public sector pay cap, is seen in the latest official figures on earnings north of the Border. They reveal the median, or typical, gross salary in Scotland for all employees as of April 2017 was £23,150.
From 2016-17, salaries for all employees in Scotland grew by one per cent, which meant a 1.6 per cent fall in real terms.
Over the year salaries for full-time employees in Scotland grew by 1.5 per cent, which was a 1.1 per cent fall in real terms.
No comments:
Post a Comment