Securing a pay rise: The path back to shared wage growth

Published on Jobs, Skills and Pay

After the longest fall in modern history, real wages have moved into positive terrain and appear to be turning the corner. Yet the outlook for wages – how strong and shared pay growth might be in the years ahead – remains highly uncertain. What emerges will shape not just what happens to living standards but also the fiscal position and wider political choices that will define the next parliament and beyond.

To foster informed debate about these challenges and the policies best placed to respond to them, the Resolution Foundation has brought together contributions from leading economists straddling the worlds of academia, policy research and journalism. Rather than simply diagnosing the problem, each contribution points to possible policy responses.

Visit the book’s microsite here to read individual essays.

The Great Wage Squeeze: recent pay trends and experiences

Rise, slowdown, collapse: what next for wage growth? by Gavin Kelly and Matthew Whittaker

Paying up: who’s been getting pay rises, who hasn’t, and will that change? by Abigail McKnight and Laura Gardiner

Kick-starting productivity: investment, management and skills

Profiting from productivity: ensuring investment and productivity growth feed through to wages by John Van Reenen

Racing away? Correcting the damage done to wage growth by perverse management incentives by Andrew Smithers

Beyond the degree delusion: apprenticeships, skills and wage growth by Baroness Alison Wolf

Pay, power and full employment: connecting wages to growth

How low can we go: the changing relationship between unemployment and real wages by Stephen Machin

Shifting the balance of power: workers, employers and wages over the next parliament by Alan Manning

Ready for takeoff: the role of helicopter money in supporting wage growth in future recessions by Simon Wren-Lewis

Reconnecting growth and wages: lessons from the US debate by Jared Bernstein

All in it together? Pay among different groups

The generation game: boosting young people’s wages, incomes and prospects by Chris Giles

Making steady progress: policies to help long-term earnings growth by Paul Gregg

Second earner to primary breadwinner? Women’s wages and employment by Susan Harkness

In the public domain: the challenge for public sector pay in the next parliament by John Hawksworth

Raising the floor: tackling the sharp end of the labour market

Making more of the minimum wage: what role can it play in tackling low pay? by Professor Sir George Bain and Conor D’Arcy

City limits: US city minimum wages and their relevance for the UK by Arindrajit Dube

Bridging the divide: helping low earners in the UK’s two-speed labour market by John Philpott