Going down

[vetran]

BBC News - Recession prompted 'unprecedented' fall in wages

Wages have fallen more in real terms in the current economic downturn than ever before, according to a report.

On top of the rising cost of living, one third of workers who stayed in the same job saw a wage cut or freeze between 2010 and 2011, said the Institute for Fiscal Studies (IFS).

so should we count ourselves lucky?

 

[Mich the Tester]

BBC News - Recession prompted 'unprecedented' fall in wages



so should we count ourselves lucky?

My rates have gone down by about 15% from a peak in 2008 before the banking clusterf**k.

Desperate poverty.

 

[northernladuk]

Admin tells us our pay is going up by 7.5% so we are fine. Don't worry about it.

 

[Ticktock]

I know I was undercharging when I started, as my rates have gone up 180% between my first contract 2 years ago and now (when I charge more than every other contractor in my field tells me is the max achievable).

 

[proggy]

My rates dropped second half of last year , but they are back up to normal. However they haven't risen much overall since I started contracting.