Pay Cuts Continue

With the announcement of a two-year pay freeze for NHS staff earning over £21,000 and only a £250 yearly pay rise for those earning less than that, The pattern of real term pay losses is set to continue.  The last three our of four years have seen real-term pay losses.  The latest inflation figures show an increase in the Consumer Price Index of 3.2% and the Retail Price Index (the figure used in all pay negotiations) is now 5%.  Even for the very lowest paid NHS staff, the £250 pay rise equates to a 2.5% rise, still below both measures of inflation.

With increases coming soon for pension contributions (and remember, pensions are just deferred pay) NHSBT staff will be even worse off.