Workers to miss out on £3,600 in pay this year as wages fail to keep pace with OECD average

WORKERS in Britain will miss out on £3,600 in pay this year due to their wages not keeping pace with the average for so-called developed nations, the TUC warned yesterday.
The country’s abysmal wage growth since 2008’s massive financial crash has resulted in 15 years of pay stagnation, with take-home salaries still down 2.7 per cent on pre-crisis levels, the union body said.
By contrast, real pay growth across the 33 members of the Organisation for Economic Co-operation and Development (OECD) has averaged nearly three times that at 8.8 per cent over the same period.
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