The drop in the Retail Price Index (RPI) could lead to more widespread pay freezes, according to economists.
The median pay settlement has fallen from 3.4% to 3% since the end of February - and a quarter of all deals so far this year are pay freezes.
Profits of 543 million for Sainsbury's mean employees share a bonus pot of 60 million.
The Government has confirmed the National Minimum Wage will increase from 5.73 to 5.80 in October this year and from October next year 21 year-olds will be eligible to receive the full adult minimum...
The Equal Pay Act was introduced in 1970 but, nearly 40 years on, it seems that the gap between men and women's pay has yet to disappear completely.
Security firm G4S has pledged it will 'claw back' bonuses executives receive this year, if the results for the next two years are not in line with its predictions, as a means of securing the company's...
Nearly six out of 10 employers (58%) intend to freeze salaries this year and half are either certain they will make redundancies over the next six months or are considering the option.
The average City salary currently stands at 52,122 - a rise of 5% from March 2008 and 3% from February this year.
The past six months have been spent reacting to the downward spiral in equity markets, rising unemployment, wide-ranging government interventions to stabilise the global financial systems and local...
Only 35% of employees think they will receive a salary increase this year - and 15% are getting a pay rise only because they are changing jobs.
UK employees will receive an average pay rise of 1.46% this year - among the lowest rates on offer anywhere in the world.
Teachers have demanded either a pay rise of 10% or 3,000 - whichever is greater.