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Old 29th Nov 2011, 16:16
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16% pay cut over 5 years!

A pay freeze of two years is almost certainly going to be followed by a max 1% pay rise (gesture) for the following two years. This effectivey means that the Armed Forces will have received a 16% pay cut over a five year period. This assumption is based upon the Armed Forces being treated the same as Public Sector workers.

Crewroom chat had suggested that after a two year (over three year period) pay freeze, the Government would be obliged to catch-up the drag curve with a generous pay rise; how wrong was that assumption?

As the ingredients to these assumptions were voiced in the House of Commons today; I anticipate that many people scheduled to reach a 'natural break' in the next five years may make tranche two of the redundancy program an easy task to complete.

Of course the cost of living is also on hold what with fuel prices and the hidden taxation therein........
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