Public sector pay lags private firms

Last updated 05:00 13/09/2012

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Private sector employees' pay rates are growing faster than those in the public sector, a survey shows.

According to data collected by Victoria University over the past year, private sector employees on collective contracts received an average pay rise of one percentage point higher than their counterparts in the public sector.

Those on collective contracts received an average 2 per cent pay rise in the year ending June 2012.

Employees in the private sector averaged a 2.6 per cent rise, compared with 1.5 per cent in the public sector.

Data was collected from more than 300,000 workers on nearly 2000 agreements.

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- © Fairfax NZ News

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