Productivity boost key to success of National Living Wage

Published on

Wages & Income

Lack of knowledge of how to improve productivity may be a challenge, particularly among smaller firms The need to boost productivity in low-paying sectors and among small employers will be reinforced by the introduction of the new National Living Wage (NLW) in April, though there are huge uncertainties over how businesses can achieve this. This … Continued

READ MORE

Pick-up in productivity needed to maintain pay rebound in to 2016

Published on

Wages & Income

  Return of inflation risks pay growth falling back below trend, following welcome progress this year Having shown signs of rebounding in 2015, real-terms typical pay growth looks set to fall back in 2016 unless there is a significant pick-up in productivity, according to the Resolution Foundation’s latest quarterly earnings outlook published today (Tuesday). With … Continued

READ MORE

Private sector earnings growing at fastest rate in 15 years

Published on

Wages & Income

  Low inflation and welcome shift in types of job roles being created is driving mini pay surge Private sector earnings are growing at their fastest rate since the early 2000s, but maintaining the  pay surge into 2016 will prove challenging once inflation starts to rise, according to the Resolution Foundation’s new earnings outlook published … Continued

READ MORE