Pay
(asked on 19th July 2017) - View Source
Question to the HM Treasury:
Her Majesty's Government what assessment they have made of comparative public and private sector pay, including the value of pensions, for the years for which this information is available.
Analysis conducted by HM Treasury shows that on average, when including employer pension contributions, there is a premium of about 10%. Details can be found in the table below:
Year | Total Pay and Employer Pension Contributions – Differential between Public and Private Sector (%) |
2005 | 8.39 |
2006 | 7.97 |
2007 | 7.54 |
2008 | 8.8 |
2009 | 11.8 |
2010 | 14.73 |
2011 | 12.78 |
2012 | 11.88 |
2013 | 11.65 |
2014 | 9.33 |
2015 | 10.42 |
2016 | 9.12 |
Technical notes to the table:
This analysis was conducted by HM Treasury based on data from the ONS’s Annual Survey of Hours and Earnings and compares public and private sector earnings when including employer pension contributions.
The differential obtained shows the percentage hourly compensation from working in the public sector above that of the private sector after accounting for differences in composition between the two. To factor in these compositional differences, the analysis accounts for differences in age, gender, job type (full- or part-time, permanent or temporary), occupation category, region, and tenure.