Incentives fall as real terms pay rises for first time since recession

clock • 2 min read

Employees are being paid more in real terms for the first time since 2008 - largely due to the prolonged fall in inflation, official statistics reveal.

The Office for National Statistics (ONS) data also showed that incentives formed a significantly smaller element of wages than in 2005. Since 2005 the value of incentives to wage packets has dro...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Employee Benefits

WSB Awards 2024 - Winners' Supplement

WSB Awards 2024 - Winners' Supplement

Find out how some of the winners of the Workplace Savings & Benefits Awards 2024 won their accolades in our special supplement celebrating their successes.

WSB
clock 11 November 2024 • 1 min read
WSB Awards 2024 — The Winners

WSB Awards 2024 — The Winners

Recognising excellence among employers, providers and consultants

Workplace Savings & Benefits
clock 06 September 2024 • 2 min read
WSB Awards 2024: Shortlists revealed!

WSB Awards 2024: Shortlists revealed!

The winners will be unveiled on 5 September at an event at the Marriott Grosvenor Square

Workplace Savings & Benefits
clock 04 July 2024 • 3 min read
Trustpilot