Unite Debt Advice Network (UDAN) conducted a short survey this week to find out if debt advisers are expecting a pay rise this year, and if this will meet inflation. We asked 40 debt advisers and found that:
- 32.5% had not received, and were not expecting to receive, a pay rise at all this year
- 57.5% were to receive a pay rise this year
Of those receiving a pay rise, the mean was 3.16% (min 1.5%, max 7%, median 3%)
The mean pay increase this year across all the whole sample was 2.02% (median 2%)
This falls far short of current inflation (7.9% CPIH or 13.4% RPI in May 2022)
This represents a substantial real-terms pay cut for our members at a time when pressure on our services is growing rapidly.
UDAN will be conducting further research into debt adviser pay, and a detailed survey of members and non-members will be sent out in the coming weeks.