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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  1. Tigra 07
    Thumb Down

    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.

  2. Anonymous Coward
    Unhappy

    Pay rise?

    Remind me again what one of those is?

  3. Anonymous Coward
    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%)

    1. Sarah Bee (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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