Sunday, 3 January 2010

Is This a Major Shock? 3

Update to my previous Blogs. Is This a Major Shock? & Is This a Major Shock? 2

Public sector pay races ahead in recession

That is the headline to this article in the Times today.

So public sector worker pay races ahead of the private sector, shock, horror.

Now if the pay rises were for nurses, the police or any front line service i wouldn't be that bothered, but i bet it isn't.

Here is a quote from the article

Since Labour came to power in 1997, the number of public sector workers has increased by 914,000 to more than 6m, just over a fifth of the workforce.

What i would like to know is, of the 914,000 public sector jobs how many were front line workers like nurses and police?

Not many i would think, most of them would be the quangos and non jobs. If the 914,000 jobs were the police, nurses and other front line jobs i wouldn't of minded.

Another quote from the article;

This has come despite a decline in productivity. According to the ONS, public sector productivity fell by 3.4% in the 10 years from 1997 — compared with a rise of 28% in the private sector over the same period.

“It is ridiculous that pay and perks have risen when public sector productivity has fallen. This gravy train now has to come to an end,” said Graeme Leach, chief economist and director of policy at the Institute of Directors.

This is a great example of why government, local and national, should be under the same rules as private business. How can they get away with having 914,000 more workers and have productivity fall. If that happened in a private business the owners would have to make staff redundant, but not if you work for the public sector.

Another quote from the article;

One of the starkest gaps between the public and private sector is in pension provision.

Most civil servants receive employer pension contributions worth 19.4% of their salary paid into their final salary pension scheme each year. This is more than three times the average of 6% paid by private sector firms into their employees’ less generous defined-contribution schemes last year.

Why is it so different to the private sector, they get paid more by the tax payer, they get better perks than the tax payer, they get better pensions than the tax payer.

Who pays for all of their pay, perks and pension, yes us the tax payer, but what gets me is, they can retire earlier than the rest of us. Some of them can retire at 56 while the rest of us tax payers have to work till we are 65 and in some cases beyond that.

How in the hell is all this going to be paid for. The country doesn't have any more money. The country is so much in debt that each person in this country owes in the region of £25,000 each.

The whole system has to change.

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