FINANCE

White Man Van on ... the pay cap

Right, here’s a simple economics lesson. It’s all very well giving public sector workers more pay but someone’s got to fund it all.

Right, here's a simple economics lesson. It's all very well giving public sector workers more pay but someone's got to fund it all.

I mean take your average private sector bosses. When they give their staff a pay rise they bankroll the extra dosh in two ways. One is they cut costs by being more efficient like reducing numbers, having more computers, smaller offices, less overtime, no free tea, whatever, so you get less people doing the same job.

SUBSCRIBE TO CONTINUE READING

Get unlimited access to The MJ with a subscription, plus a weekly copy of The MJ magazine sent directly to you door and inbox.

Subscribe

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

Login

Already a subscriber?