Grievance claims on the grounds of pay discrimination may become more frequent unless salary increases are brought back in line with rising costs and inflation, a specialist has suggested.
The global economic downturn has resulted in many companies stifling any wage hikes as part of their cost-cutting exercises, but this could be leaving many people short when it comes to their personal finances.
Frances O'Grady - deputy general secretary of the Trades Unions Congress (TUC), an organisation that has 58 affiliated bodies and represents more than six million workers in the UK - believes this trend cannot continue indefinitely.
Speaking following the publication of the Commission on Living Standards' 'Growth Without Gain?' report on Friday (May 27th), Ms O'Grady labelled its findings a "wake-up call" to the employment sector.
"As the UK seeks to recover from the downturn, we need a radical rethink of the way our economy is structured. Securing fairer wages for working people and strong jobs growth are essential to achieving a strong and sustainable recovery," she added.
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Posted by Richard Saunders