As public sector union members prepare to vote on the new agreement, here is why they should accept the terms offered.
As public sector union members prepare to vote on the new agreement, here is why they should accept the terms offered. The rise in earnings of individual public servants over recent years will depend not only on where they work but also where they are on the increments scale. It will go out to union members to vote on in the weeks ahead. It is less than their negotiators were looking for, but nonetheless they would be well advised to accept it. Here are the key reasons why.
Forecasts for the economy are for reasonable economic growth this year, but there is no doubt that the outlook remains murky. The jobs market is slowing and while unemployment has hit historic lows, it is rising. We have seen lay-offs in tech and some other traditional manufacturers, while the SME sector is clearly under pressure. This should ease private sector pay growth –in conjunction with the Central Bank of Ireland showed pay increases running at 3.7 per cent in December, down from
Public Sector Union Members Vote Agreement Earnings Negotiators Economy Economic Growth Jobs Market Unemployment Lay-Offs Tech Manufacturers SME Sector Private Sector Pay Growth Central Bank Of Ireland
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