The two examples below show clearly how increased pension contributions and the pay freeze have left us worse off as inflation soars ahead of wages.
Example 1: an AO in East London
An AO in East London found by checking on RM that his monthly take home pay in September 2008 was £1,437.10. Monthly take home pay in September 2014 is now £1,438.64. So in 6 years take home pay has gone up by only £1.54.
Example 2: an EO in London
An EO in East London found by checking on RM that his monthly take home pay in September 2008 was £1,805. Monthly take home pay in September 2014 is now £1,816. So in 6 years take home pay has gone up by only £11 a month.
Whatever tiny pay rise these staff have had has been swallowed up by the increased pension contribution.
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