The pay deficit: measuring the effect of pension deficit payments on workers’ wages

Published on by

Welfare & Tax Reform

Across the UK economy, the share of overall employee compensation accounted for by non-wage elements such as employer pension contributions has increased substantially since 2000. This increase was driven in no small part by increased payments by employers to plug defined benefit deficits and coincided with a marked pre-crisis slowdown in pay growth, causing speculation … Continued

READ MORE

Still just about managing? Pre-election briefing on the main political parties’ welfare policies

Published on by

Welfare & Tax Reform

Our pre-election series of briefing notes have so far centred on the main parties’ approaches to deficit reduction and to tax. To complete the fiscal ‘set’ we must also consider their take on welfare. This note explores future welfare challenges for an incoming government and examines the extent to which the differing party commitments might … Continued

READ MORE

The deficit the election forgot? Pre-election briefing on the main parties’ fiscal positions

Published on by

Fiscal Choices

While the deficit remains in place, it is heading back to the sort of level relative to the size of the economy that past generations have been comfortable with. With the process of fiscal consolidation dominating so much of the political discourse in recent years it’s unlikely that many voters will be lamenting a dialling … Continued

READ MORE

A mid-life less ordinary? Characteristics and incomes of low-to-middle income households age 50 to State Pension age

Published on by

Shared Growth

This report provides an insight into the financial situation of those older low to middle income households highlighting the living standards challenges they face, some unique to this group but others shared by all working-age households. In doing so it aims to provide better understanding of the characteristics of older low to middle income families … Continued

READ MORE

Up to the job? Using the Apprenticeship Levy to tackle the UK’s post-16 education divide

Published on by

Work & Security

Over the past twenty years there has been a significant rise in educational attainment in Britain: while the proportion of young people with low-level qualifications halved between 1996 and 2016, the proportion of those with qualifications at degree level and above more than doubled. Homing in on different types of qualifications, we see that growth … Continued

READ MORE