Peter Cosgrove, Managing Director of Futurewise discussed pay and inflation on the last Word with Zara King (standing in for Matt Cooper)
The full discussion is below in the link but some of the key points of the discussion
- Most employees feel that they are underpaid, but employers may have the opposite view. According to the popular Dunning–Kruger effect, performers in the lowest quartile overestimate their abilities the most
- Skills mismatch may continue though as technology and AI starts to replace some of the parts of the jobs of humans