Thursday, June 14, 2018

Korn Ferry: Raises Have Arrived…In the Public Sector

By SIMON CONSTABLE

Ancient prophets once wrote that seven years of feasts would get followed by seven years of famine. These stories pushed the idea that neither good nor bad times last forever. But now reality is mimicking the parables.
For the last seven years, the one million-plus workers in the National Health Service, the U.K.’s state-funded health system, have received just a 1% raise annually. But this month the U.K. government agreed to raise wages 6.5% over the next three years, more than doubling the recent annual increases. Read more here.

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