The latest figures from the UK's leading independent job board, CV-Library show that advertised salaries for its public sector job postings in 2020 are down 15.5% from 2019. In comparison, private sector salary averages have actually risen by 0.9% year on year.
Matthew Moore, Managing Director of CV-Library comments:
It does appear, from our data, that the public sector is already faring poorly when compared to the private sector as far as advertised salaries are concerned.
Whilst we welcome the news that NHS doctors and nurses will receive an annual increase next year, and 2.1 million public sector workers who earn below the median average wage of £24,000 will receive a £250 increase, the apparent imbalance between the two sectors is worrying and needs to be monitored.
More positively, we are encouraged to see that, despite this unprecedented of years, private sector salaries are not only holding up, but showing small signs of growth.”