Managing Your Cash Flow
Public and private sector pay gap narrows
1 min read
10 March 2014
The average pay difference in favour of the public sector has narrowed since 2010, according to new Office for National Statistics (ONS) figures.
In April 2013 it is estimated that on average the pay of the public sector was between 2.2 per cent and 3.1 per cent higher after adjusting for the different jobs and personal characteristics of the workers.
After further adjusting for the different organisation sizes between the public and private sector, in the same month of last year the average pay of the public sector was between 1.3 per cent and 2.4 per cent lower than the private sector.
Across the UK, Northern Ireland had the largest pay difference in favour of the public sector at 15 per cent, while public sector workers earned eight per cent less than private sector workers in London.