earnings – Hinterland https://hinterland.org.uk Rural News Fri, 15 Nov 2019 06:17:53 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 Pay squeeze intensifies as wage growth falls further behind inflation https://hinterland.org.uk/pay-squeeze-intensifies-as-wage-growth-falls-further-behind-inflation/ Wed, 14 Jun 2017 20:20:04 +0000 http://www.hinterland.org.uk/?p=4545 In all the talk of disasters and political alliances this worrying phenomenon which affects many hard working rural “JAMs” is creeping up on us…. The article tells us:

Britain is experiencing a rapid decline in living standards with the biggest squeeze in workers’ pay since 2014, according to the latest official data.

Regular pay adjusted to account for the impact of inflation fell by 0.6% year on year in the three months to April. It was the weakest data since the summer months in 2014, according to the Office for National Statistics. The decline followed a 0.4% drop in the three months to March.

Trade unions reacted with dismay to the figures. Frances O’Grady, general secretary of union umbrella body the TUC, warned that Britain was heading for a fresh crisis in living standards.

“Real wages have fallen for the second month in a row. Unless the government gets its act together, we’ll soon be in the middle of another cost of living crisis,” she said.

]]> One in seven couples ‘keeps salary secret’ https://hinterland.org.uk/one-in-seven-couples-keeps-salary-secret/ Wed, 01 Oct 2014 15:59:26 +0000 http://www.hinterland.org.uk/?p=2893 A survey by Prudential has found that one in seven middle-aged couples keeps their earnings secret from each other. The survey, which took views from 1,851 people over 40, found: one in four respondents were using deception so they could buy things for their partner; 22% were savings for a dream holiday, new car or another family surprise. However, far more respondents said they had their own interests at heart. More than a quarter of those concealing cash – the highest proportion – claimed this was necessary to maintain “independence”. The survey also found 24% planned to “buy things for themselves” and one in five was making contingency plans “in case we ever split up”. Just 6% said they were funding another partner or family and 8% said they didn’t trust their partner to spend wisely. My granny thought everyone should have their own secret pot of ‘running away money!’

]]>