Deflation.
24 October 2008, 06:20 PM
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Deflation.
Would that mean yearly paycuts?
For instance, our paydeal is RPI + x%. So if RPI was -5% and our x% was .50%, would that mean a 4.5% decrease in pay?
For instance, our paydeal is RPI + x%. So if RPI was -5% and our x% was .50%, would that mean a 4.5% decrease in pay?
A lot of firms aren't giving pay rises and it looks doubtfull for one in the next year ??
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