Public Sector Pay Cap? Lift or not?
Hello,
I personally have many views related to the Public Sector Pay Cap; but I'm down to hear everyone else's...
What is the Public Sector Pay Cap?
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The public sector pay cap is the government policy which limits annual rises for public sector workers to 1 per cent.
Teachers, nurses, police officers, firefighters, prison officers and judges are among those affected by the pay cap.
Why is it such a big epidemic?
In my own words, I think this is huge because that the public sector clearly isn't funded enough... Teachers, Doctors/Nurses, Surgeons, Firefighters, Police Officers are not getting the pay that they really should be / have been.
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The NHS and schools have reported problems of recruitment and retention in their sectors due to the cap.
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A public sector pay rise would boost the earnings of 5.1 million workers, according to the Institute for Fiscal Studies (IFS).
The IFS estimates that every 1 per cent increase in public sector pay would cost between £1.5 billion and £2 billion a year.
Basically, If we got rid of it, 5.1 million workers would get a better pay...
Chancellor Philip Hammond has insisted that
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the only way to fund extra spending is by putting up taxes, increasing productivity to boost growth or increasing borrowing.
All evidence can be found on the following website;
Code:
http://www.express.co.uk/news/politics/824202/public-sector-pay-cap-what-is-policy-wage-freeze-Theresa-May
Let me know what you think below.
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