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+--- Thread: CPI is at 3% .. what about pay rises? (/showthread.php?tid=2971)
CPI is at 3% .. what about pay rises? - BAJR - 9th April 2010
CPI annual inflation ? the Government?s target measure ? was 3.0 per cent in February, down from 3.5 per cent in January.
The downward pressures to the change in CPI annual inflation are widespread, the largest coming from recreation and culture where prices were largely unchanged between January and February this year but rose by 1.1 per cent a year ago. Within this group, the largest downward effect came from games, toys and hobbies, most notably from computer games and pre-school activity toys. There was also a large downward pressure from books with the price of non-fiction books in particular rising by less than a year ago.
The only large upward pressure to the change in CPI annual inflation came from clothing and footwear. Within this group, the most significant upward effect came from women?s outerwear where, overall, prices rose by more than a year ago.
In the year to February, RPI annual inflation was 3.7 per cent, unchanged from January. The main factors affecting the CPI also affected the RPI. Additionally there was significant upward pressure to the change in the RPI annual rate from housing. This was driven mainly by mortgage interest payments which fell by 0.2 per cent this year but by 7.3 per cent a year ago following January 2009?s half point decrease in the Bank rate. Within housing, there was also a large upward effect from house depreciation, which rose this year but fell a year ago. This reflects movements in the Department of Communities and Local Government?s smoothed house price index that is used to calculate this component.
RPIX inflation ? the all items RPI excluding mortgage interest payments ? was 4.2 per cent in February, down from 4.6 per cent in January.
As an internationally comparable measure of inflation, the CPI shows that the UK inflation rate in January was above the provisional figure for the European Union. The UK rate was
3.5 per cent whereas the EU?s as a whole was 1.7 per cent.
The next publication date is 20 April 2010.
http://www.statistics.gov.uk/cci/nugget.asp?id=19
I will soon be looking at the BAJR Consultation for Pay Scales for BAJR Grades. I certainly hope that companies (who must admit that the crisis is all but over) will be able to move forward, rather than take a backward step. which a nil rise would represent. widening the gap to the proposed Benchmark targets. Its all very well being aspirational, but reality must be included in the equation. Councils and Unis may find it harder to move, without firm support and regrading exercises but, with gaps of 53% to make up.... the sooner the better. I will be asking for a 2.5-3% rise, in order to at least match the CPI level. .
CPI is at 3% .. what about pay rises? - Windbag - 9th April 2010
BAJR Wrote:I certainly hope that companies (who must admit that the crisis is all but over) will be able to move forward, rather than take a backward step.
The crisis isn't over yet. The next stage of the recession will be a severe curtailing of non-essential government services, like county archaeologists. That will mean fewer archaeological planning conditions and more competition for the remaining slices of pie, whatever party is elected.:0
That doesn't mean that wages should be dropped or frozen though!
CPI is at 3% .. what about pay rises? - Unitof1 - 9th April 2010
i could put archaeological planning conditions on for about a pound a pot, less even if I got out of bed. I could do it with my eyes closed. As I understand it the new pps says that the archaeologyists should get in on the act in the application stage.
CPI is at 3% .. what about pay rises? - Windbag - 9th April 2010
David Cameron said this morning that a Tory government would reduce the public sector payroll by not recruiting new staff to replace people as they retire or move on. How many Planning Authorities employ a single, late-middle aged archaeologist to provide archaeology advice in planning? I can think of quite a few...
CPI is at 3% .. what about pay rises? - Unitof1 - 9th April 2010
and they need them to retire last week
CPI is at 3% .. what about pay rises? - Dinosaur - 9th April 2010
Posted by BAJR "@Within this group, the most significant upward effect came from women’s outerwear where, overall, prices rose by more than a year ago."
Hope this won't knock back the 'Women's Workwear' thread!
CPI is at 3% .. what about pay rises? - BAJR - 9th April 2010
I don't intend to get entangled in Womens outer wear.. that came out wrong... didn't it! :face-huh: B) :I
CPI is at 3% .. what about pay rises? - BAJR - 9th April 2010
so new rates may be around
G2 = ?15,500 (from 15,094)
G3 = ?16,550 (from [SIZE=3]?16,111.36)[/SIZE]
G4 = ?18,100 (from ?17,581.70)
etc Just so you know what I'm aiming for - but will depend on companies. These are provisional figures only... so don't get over excited. !
puts the minima for field staff at just about ?300 quid a week. It is up to the companies however.
CPI is at 3% .. what about pay rises? - Ken Denham - 11th April 2010
Just to add to Dinasaurs comments, I don't think many folk, male or female, would be happy about the price of overall's rising so steeply.