New research has found that only a quarter of workers in the UK have had a pay rise so far this year.
The Chartered Institute for Personnel and Development published findings showing that 75% of workers are facing a pay freeze.
With nearly half of the nation (47%) concerned about their debts and the increased cost of gas and electricity, the pay freeze could leave many feeling a bitter chill this coming winter.
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The findings however, reflect the governmentís current pay freeze across the majority of the public sector.
Four out of five public servants said they had not received a pay increase.
6 % of those questioned even reported to taking a pay cut. As the cost of living increases many are worried about the effects of earning less.
Those living up North will face harder financial times as the North West has been labeled theí pay freeze capital of the UKî. 75% of Northern workers are getting no additional funds to their salaries this year.
Strikes loom as many staff are unhappy with proposed pay freezes.
Trade union GMB members at Scottish water have rejected pay freezes for 2011/2012 and almost 80% of staff at the charity organization, Action for Children, have voted in favour of industrial action over pay freeze disputes.
Chancellor George Osborne imposed a two-year pay freeze on public sector workers in his emergency budget in June 2010.
The Chancellor did however promise that those earning £21,000 or less would receive a flat pay increase of £250 for each year.
With the recent debt crisis taking hold of the Euro zone, the Chancellor today suggested that we should ìthank Godî that Britain had not joined the principal European currency.
However, we are not in the clear, with inflation expected to rise in the autumn. We may be feeling the pinch for some to come yet.