Originally Posted by stateofflux
Id nearly guarantee you there will be no salary cuts in the public service in the next 5 years unless something worst case scenario happens.
Current private sector salaries have to go up also they are way under where they should be. There is a salary gap between Multinational and national wages which will close also...unless something major happens
Public service is a separate beast and isn’t the majority of “the rest of the country” as opposed to multinationals. But for specific skills even public service salaries are influenced be multinationals (being in IT myself and having interviewed with a public organisation, they seem to be having a very hard time to hire without pushing up salary scales significantly in certain professions). Even leaving salary cuts asside, if that job market pressure didn’t exist they would hire with lower wages which would in turn lower their average wages for those professions thanks to cheaper new hires (again I am talking about qualified professionals only).
An in terms of private sector, I don’t think salaries “have to go up” no matter what. Employers are no charities and simply react to market conditions so if pressure was to ease-up on the job market for certain professions such as the ones I mentioned, why would they increase wages no matter what?