{"id":13164,"date":"2016-05-16T06:01:19","date_gmt":"2016-05-15T23:01:19","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-economy-gloomy-outlook-for-workers-pay-rises\/"},"modified":"2016-05-16T06:08:47","modified_gmt":"2016-05-15T23:08:47","slug":"uk-economy-gloomy-outlook-for-workers-pay-rises","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-economy-gloomy-outlook-for-workers-pay-rises\/","title":{"rendered":"UK economy: gloomy outlook for workers' pay rises"},"content":{"rendered":"


\nHR industry group forecasts average pay to increase just 1.7% with retail sector warning shoppers are dwindling and EU referendum denting confidenceWorkers are being warned to expect meagre wage rises until at least 2020, as weak productivity and new costs such as the national living wage curb employers\u2019 readiness to raise salaries.Even though employment is expected to rise, pay growth is forecast to be just 1.7% over the next year, as an ample supply of labour helps employers hold back on wage rises in a \u201cjobs-rich, pay-poor\u201d economy, said the Chartered Institute for Personnel and Development (CIPD). Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK economy: gloomy outlook for workers’ pay rises<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

HR industry group forecasts average pay to increase just 1.7% with retail sector warning shoppers...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-13164","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-3qk","jetpack-related-posts":[{"id":121194,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cost-of-moving-home-rises-as-uk-removals-firms-put-up-prices\/","url_meta":{"origin":13164,"position":0},"title":"Cost of moving home rises as UK removals firms put up prices","date":"August 1, 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outstripped wage rises, according to official estimates.The median disposable income for retired households increased by \u00a3300\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143373,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-rent-rises-forecast-to-outpace-wage-growth-for-three-years\/","url_meta":{"origin":13164,"position":2},"title":"UK rent rises forecast to outpace wage growth for three years","date":"April 8, 2024","format":false,"excerpt":"\r Average 13% increase by 2027 will put millions of households under further pressure, says thinktankRent rises in Britain are forecast to outpace wage growth, despite having already surged at the fastest pace on record after the Covid pandemic and the cost of living crisis.The Resolution Foundation expects added pressure\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1937,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-jump-by-7-7pc-outstrippng-wage-rises-by-three-times\/","url_meta":{"origin":13164,"position":3},"title":"UK house prices jump by 7.7pc, outstrippng wage rises by three times","date":"January 19, 2016","format":false,"excerpt":"\r ONS figures say that house prices increased by 7.7pc in the year to November 2015, the fourth consecutive month of growth\r \r Source : telegraph.co.uk\r Read more...UK house prices jump by 7.7pc, outstrippng wage rises by three times","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73109,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/oecd-unveils-gloomy-outlook-for-the-uk-economy\/","url_meta":{"origin":13164,"position":4},"title":"OECD unveils gloomy outlook for the UK economy","date":"November 28, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...OECD unveils gloomy outlook for the UK economy","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63700,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/westpac-sees-muted-house-price-rises-in-coming-years\/","url_meta":{"origin":13164,"position":5},"title":"Westpac sees 'muted' house-price rises in coming years","date":"August 15, 2017","format":false,"excerpt":"\r Economists at one of New Zealand's largest mortgage lenders have predicted a flat to muted housing market for the next few years.A new Westpac report out today has a gloomy national outlook for the housing sector.The report, signed...\r \r Source : nzherald.co.nz\/Property\r Read more...Westpac sees 'muted' house-price rises in\u2026","rel":"","context":"In "Property 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