First minimum wage rise of the parliament foreshadows a steep escalation in the UK’s wage floor The proportion of employees earning the legal minimum is set to more than double over the next five years as a result of a substantial uplift in the wage floor associated with the new ‘National Living Wage’ (NLW), according … Continued

But the restoration of pre-crisis pay level remains several years off Earning growth reached a post-crisis high in the three months to July, marking a fourth consecutive month of ‘catch up’ growth. But the restoration of pre-crisis pay levels remains several years off, the Resolution Foundation said today (Wednesday) in response to the latest labour … Continued

But hospitality, retail and support services will face significant increases as more workers are affected Around half of all employees set to benefit from the National Living Wage (NLW) work in industries where the resulting wage bill increase will be just 0.6 per cent or less – though the impact in hospitality, retail and support … Continued

RF warns pace of recovery will be hard to maintain once inflation starts to rise from its historic low Real earnings are set to continue playing ‘catch-up’ in the short-term, with pay expected to maintain its recent growth rate, but there are doubts about how long this can continue, according to the Resolution Foundation’s latest … Continued

  3.2m workers in total to gain directly from policy, with further 2.8m benefitting from ‘ripple effect’ Three in every ten (29 per cent) female employees in the country are set to receive pay rises as a result of the new ‘National Living Wage’, according to a new report published today (Thursday) by independent think-tank … Continued

  Policy action needed to prevent them becoming standard form of employment in low-paid sectors The continued use of zero-hours contracts (ZHCs) over the recent period of strong employment recovery suggests they may remain a permanent feature of the labour market rather than a temporary reaction to the downturn, the Resolution Foundation said today (Wednesday) in … Continued

  Fresh policy action needed to reignite Britain’s stalled employment growth Britain’s pay recovery looks set to continue throughout 2015 but employment growth appears to have stalled, the Resolution Foundation said today (Wednesday) in response to the latest labour market figures. Real wages (excluding bonuses) continued to grow by 2.8% in the year to June … Continued

Official figures published later this week  are expected to show that average earnings again grew strongly last month but that the pace of this pay recovery has flatlined, with real wage growth remaining roughly fixed at 2.8 per cent, according to independent think tank the Resolution Foundation’s latest pay projection published today (Sunday). The analysis, … Continued

Average amount of time spent in the same job has risen steadily since mid-90s A sharp drop in the rate at which people move between jobs since the financial crisis has created a promotion blockage that risks permanently scarring the earnings of a generation of young workers, according to a new report published today (Tuesday) … Continued

Closing the ‘jobs gap’ among groups furthest from the labour market would put Chancellor on track to meet his target of getting two million more people into work Raising employment rates among groups who are furthest away from the labour market up to the level seen in the best performing areas of the UK would … Continued

First fall in employment for two years suggests jobs surge could be losing momentum The pace of Britain’s real pay recovery increased slightly in May, though the first fall in employment for two years appears to have put jobs growth on pause, the independent think-tank the Resolution Foundation said today (Wednesday) in response to the … Continued

Parliament of public sector pay caps will widen the divide in Britain’s pay recovery Official figures published later this week are expected to show real wages continuing to grow at nearly 3 per cent, and by up to 3.5 per cent in the private sector, according to analysis from the independent think-tank the Resolution Foundation. … Continued

The new National Living Wage (NLW) will deliver a welcome pay rise to between 700,000 and one million frontline care workers by 2020, according to new analysis published today (Sunday) by the independent think-tank the Resolution Foundation. The Foundation – which earlier this year called for and costed a plan to make social care a … Continued

Today’s Budget lived up to its billing as it introduced major moves to boost low pay and fund apprenticeships on the one hand, coupled with severe cuts to welfare that could leave some families far worse off, the independent think-tank the Resolution Foundation said today (Wednesday) in response to the Budget. On the “National Living … Continued

But average earnings still £30 a week below pre-crisis peak Strengthening pay and ultra-low inflation mean that real wages are now rising more quickly in real-terms than before the financial crisis. But this rebound may prove short-lived as inflation begins to pick up, the Resolution Foundation said today (Wednesday), in response to the latest ONS … Continued

Official figures published later this week are expected to show real wages growing at their fastest rate since October 2007, according to new analysis published today (Monday) by the independent think-tank the Resolution Foundation. The analysis, which models recent labour market data to forecast short-term trends in pay, predicts that average weekly earnings growth will … Continued

Dramatic reversal of positions on employment and welfare reliance over last two decades The common perception that the US outperforms the UK in terms of employment and low worklessness is completely wide of the mark, according to a new report published today (Thursday) by the Resolution Foundation. An ocean apart, authored by Paul Gregg and … Continued

Two in five of those without staff say they can’t afford to save for their retirement The proportion of self-employed workers saving into a personal pension scheme has fallen by 65 per cent in the last decade, according to a new report published today (Tuesday) by the Resolution Foundation. The report on the retirement incomes … Continued

Rising nominal pay and zero inflation have pushed real wage growth to its highest level since November 2007, but questions remain as to whether this can be maintained once inflation starts to pick up, the Resolution Foundation said today (Wednesday) in response to the latest ONS labour market figures. Real wage growth increased to 2.1 … Continued

The UK jobs market is recovering strongly, but a pay puzzle is emerging as the rapid fall in unemployment is failing to spur stronger wage increases, the Resolution Foundation said today (Friday) in response to the latest labour market figures. The employment rate continued to rise in early 2015 – reaching a record high of … Continued