Employee Benefits:
Property deposit saving challenge impinging on millennial wealth
8 November 2017
According to research from the London School of Economics’ Centre for Economic Performance the average weekly earnings between 2002 and 2008 rose at an average rate of 4% a year and prices at just 2%. However, growth in real wages has become stuck at around 2% since September 2014, with any growth occurring mainly being due to a decrease in price inflation, rather than any significant increases in nominal wage growth.