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

Head of Operations & Business Development - Amphora Colchester

Essex County Council
Up to £60000.0000 per annum
Head of Operations & Business Development - Amphora Colchester Colchester AmphoraSalary
Recuriter: Essex County Council

Technical Assistant

Essex County Council
Up to £25959.0000 per annum
Technical AssistantPermanent, Full Time£25,959 per annumLocation
Recuriter: Essex County Council

Assistant Director of Culture, Growth and Infrastructure

City of York Council
£86,537 – £95,898 plus benefits and relocation support
This is a new, pivotal and exciting opportunity for an inspiring leader to help shape York's future prosperity... West Offices York (minimum 3 days per week) / Hybrid working
Recuriter: City of York Council

Adults Social Worker - Early Help & Wellbeing (South Essex)

Essex County Council
£36124 - £51834 per annum + Flexible Working, Hybrid Working
This advert is open to Experienced and Newly Qualified Social Worker's (NQSW) with relevant experience in Mental Health. The starting salary for a NQ England, Essex, Basildon
Recuriter: Essex County Council

Part-Time Business Support Administrator

Essex County Council
£25959.00 - £28786.00 per annum + Full Time Equivalent
Part-Time Business Support AdministratorFixed Term, Part Time£25,959 - £28,786 Per Annum (Full Time Equivalent) Location
Recuriter: Essex County Council
Linkedin Banner