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Public sector staff earn more and work less than private sector
worldtraveller
Posts: 14,013 Forumite
U.K. public-sector workers are better paid, have more valuable pensions, work fewer hours and retire earlier than their counterparts in private industry, a research group said.
London-based Policy Exchange, which supports the wider use of market forces in public services, found the median salary of state employees is 12 percent higher than that in the private sector and “generous” pensions add 15 percent to their pay.
“People used to say that public-sector workers had great pensions to make up for their low salaries," Andrew Lilico, Policy Exchange’s chief economist, said in an e-mail. “That’s now out of date as public-sector workers have much better pay as well as better pensions and conditions.”
Over a lifetime, those in the private sector work 23 percent more hours, equivalent to 9.2 years of a public-sector employee’s working life, the Policy Exchange report said.
Bloomberg
The report urges a freeze on public sector pay until 2015 and a levy on salaries to help pay for pensions. It also recommends an end to national pay deals.
A further report later this month – from the Adam Smith Institute – will call for 30% of jobs in central Government and its quangos to be axed.
London-based Policy Exchange, which supports the wider use of market forces in public services, found the median salary of state employees is 12 percent higher than that in the private sector and “generous” pensions add 15 percent to their pay.
“People used to say that public-sector workers had great pensions to make up for their low salaries," Andrew Lilico, Policy Exchange’s chief economist, said in an e-mail. “That’s now out of date as public-sector workers have much better pay as well as better pensions and conditions.”
Over a lifetime, those in the private sector work 23 percent more hours, equivalent to 9.2 years of a public-sector employee’s working life, the Policy Exchange report said.
Bloomberg
The report urges a freeze on public sector pay until 2015 and a levy on salaries to help pay for pensions. It also recommends an end to national pay deals.
A further report later this month – from the Adam Smith Institute – will call for 30% of jobs in central Government and its quangos to be axed.
There is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...
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There's also loads more 'differently abled' in the public sector. No wonder it's so unproductive when a large proportion of the staff have physical and mental impairments!0
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their biggest mental impairment is that most of them are lefties. overpaid unionised scum. sack at least 25% NOW - then halve the slalry of those that remain!!!0
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The_White_Horse wrote: »their biggest mental impairment is that most of them are lefties. overpaid unionised scum. sack at least 25% NOW - then halve the slalry of those that remain!!!
tad harsh?
one thing i do think is that public sector seem to have been in an isolated bubble for too long, where pay generally does not reflect performance or skill (there are exceptions of course!)....0 -
The figures about earning more are almost certainly misleading... e.g. an NHS doctor* or dentist tends to get far less than the private equivalent, ditto a secretary working in the public sector, ditto teacher working for a state school... where jobs are properly comparable I am fairly certain that private sector gets paid more... this isn't to say, of course, that there aren't too many public sector workers or that cuts don't need to be made both in terms of the number and pay of jobs, but it's a shame to see really obviously misleading stats being bandied around.
One important reason for the public sector salaries being higher is that the lowest paid functions such as cleaning & catering tend to be outsourced to the private sector these days...
* - well, this was always true historically anyway before Labour decided that NHS GPs needed to be paid their own body weight in diamonds every week.FACT.0 -
The_White_Horse wrote: »their biggest mental impairment is that most of them are lefties. overpaid unionised scum. sack at least 25% NOW - then halve the slalry of those that remain!!!
Your biggest impairment is that you're a !!!!.0 -
If you want a laugh, read the Daily Mails take on this......http://www.dailymail.co.uk/news/article-1287497/Public-sector-staff-spend-9-fewer-years-work-earn-30-private-employees.html
What a laugh this comic is!!!0
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