Laura Sharman 12 May 2017

Public sector pay cap will ‘cost economy £16bn by 2020’

The 1% cap on public sector workers will cost the UK economy £16bn by 2020, new figures from GMB have revealed.

The analysis shows that the average public sector worker will be £3,300 worse off as their salaries will be kept below inflation.

GMB said a recent survey also showed that 75% of voters supported ending the cap, one of the proposals put forward in Labour’s draft manifesto.

Rehana Azam, GMB national secretary for public services, said: ‘These figures show the public sector pay squeeze is not only cruel and unnecessary – it’s completely self-defeating.

‘Each and every public sector worker – from paramedics and teaching assistants to cleaners and council officers - will be £3,000 out of pocket if this cap is allowed to continue.

'That’s money they need for food, bills and travel from them and their families. But it’s also pinching £16bn from our economy, suppressing growth, and jobs.’

SIGN UP
For your free daily news bulletin
Highways jobs

Senior Social Worker

London Borough of Richmond upon Thames and London Borough of Wandsworth
£46,206 - £55,992
Senior Social Worker
Recuriter: London Borough of Richmond upon Thames and London Borough of Wandsworth

Waste Operations Support Officers

Durham County Council
£29,071 - £32,046
Temporary until 1 June 2029   Refuse and Recycling are looking for 3 Waste Operations Support Officer to work in the South and East of County Durham. Peterlee
Recuriter: Durham County Council

Recovery Worker

Durham County Council
Grade 7 - £31,015 – £34,811 per annum.
Do you want to make a real difference to the lives of people experiencing hoarding and self-neglect behaviours?   As an Agile Recovery Worker within o Durham
Recuriter: Durham County Council

Finance Officer

Durham County Council
Grade 7, £30,024 - £33,699 per annum. Pay award pending.
We are seeking a Finance Officer to join DurhamLearn, where you will play a key role in supporting the financial administration, budget monitoring and Durham
Recuriter: Durham County Council

Social Work Consultant

Durham County Council
Grade 13 - £47,181 - £51,356 (Pay Award Pending)
Do you believe every child deserves to grow up feeling loved, safe, and supported, with a lasting sense of family, belonging, and stability?   Are you Durham
Recuriter: Durham County Council
Linkedin Banner