Monday 7th of February 2011
People already deep in the red may find asking individual voluntary questions could be an alternative to directly paying their way out of debt troubles, as new research has found many workers are pessimistic about their pay prospects.
Carried out by the Labour Research Department (LRD), the study of workplace representatives and officials found particularly bleak wage expectations in the public sector.
It was shown just 28 per cent believe their salary is likely to rise at or above the rate of price increases for most workers.
Moreover, 54 per cent said they anticipate most staff will get a below-inflation pay rise, six per cent will experience a salary freeze and two per cent expect a wage cut.
LRD pay researcher Lewis Emery said: "These findings suggest that the coalition cannot expect an easy route out of the economic doldrums."
Last week, the National Institute of Economics and Social Research claimed the UK economy is likely to grow by just 1.5 per cent in 2011.
By Hayley Jones
