|
While it is a slightly different argument from the comparison of private to public sector pay rises, it should be noted that although the public sector has had a combination of increases and freezes over the period of 2009 - 2016/2017, in real terms, the public sector average is -12.67%.
That is to say that while we call any increment in wages a 'rise', it is not really a rise unless it is more than the rate of inflation/cost of living.
One can argue about the the fairness or lack thereof in the differences of public and private pay with regards to market forces, in real terms, your average public sector employee is earning only 88.31% the value of what they did 7yrs ago.
So essentially, you can't say that your average public sector employee is better off than they were, only that they were marginally less worse off in comparison to the average private sector employee. |
|