back to article Pay rises that are really pay cuts for 2011

Pay rises in 2011 are likely to be better than last year – assuming the recovery continues – but your pay is likely to increase less than the cost of living. Helped by yesterday's 2.5 per cent increase in VAT, the rise in the cost of living is likely to outpace salary growth for the second year running. Figures from Incomes …

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No tit required, he lost the General Election

This is all only relevant if your boss is likely to increase your wages this year.

Most people will not see ANY rise unless the minimum wage increases.

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Unhappy

Pay rise?

Remind me again what one of those is?

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WTF?

Percent versus percentage points

> yesterday's 2.5 per cent increase in VAT

Wasn't it a 2.5 percentage point increase? (= ~2.1%)

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(Written by Reg staff)

Re: Percent versus percentage points

Well done sir, you win 2011 Pedant of the Year. The competition is now closed, thank you all.

(Yes that is correct.)

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