Monday, November 23, 2009

The Reason I Get Angry Sometimes

It's all in this document. Personally I think it should be forced upon every public sector worker who chooses to whinge about how hard done to they are.

A couple of highlights:-

"The 2005 report concludes that average pay across the public sector is some 15% above that in the private sector and this differential has widened over the last four years".


"We simply cannot afford to lose sight of the fact that the prosperity of everyone in this community is dependent first and foremost on the efforts of the wealth generating private sector".

That 15% also doesn't include a final salary pension scheme that is unavailable anywhere else. Depending on your calculation that ads an extra 10%-20% differential meaning that in fact the real pay gap is somewhere between 25% and 35%. Thanks to the governments double pay award scheme (annual increment + pay rise) I'd also bet the house on the fact that the gap has widened again over the last 4 years.

Congratulations to anybody working in the private sector, not only are you the driving force behind this small island economy but you're also doing it for much less pay than you'd get get if you opted to sit on your ass in a government office.

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