Trade off is 'low pay or no pay'
Average annual pay in Wales is still falling, down by more than £300 last year, the Wales TUC has claimed.
It said research showed that since 2010 full-time employees had lost over £2,200 a year - more than £40 a week.
Top bosses can earn the average annual salary in less than two days, and the gap was growing, the Wales TUC added.
General Secretary Martin Mansfield said despite falling inflation it would take "years" for people's earnings to recover to pre-recession levels.
But Professor Kent Matthews from Cardiff Business School at Cardiff University said the problem in Wales was low productivity.
He told BBC Wales economics correspondent Sarah Dickins that economic circumstances in the UK meant it was often a choice between "low pay or no pay".
16 Feb 2015
- From the section Wales