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Topic: Re:Re:Re:Re:Re:Council cuts and whinging
Posted by: Andrew OSullivan
Date/Time: 23/10/14 17:26:00

Arguing about who is responsible for the current poor state of public finances is a bit pointless. What matters is are we prepared to make the structural changes to sort them out.

Personally I'm not optimistic about this as public sector pay still remains far too high compared to that of the private sector. Whereas there has been a rapid readjustment in organisations operating on a commercial basis with most staff needing to accept reduced pay over the last five years the public sector has only had pay freezes which, given that many staff qualify for rises if they get promotion,s has meant that very few have actually experienced static pay.

This has widened the differential between public sector and private sector pay which has resulted in a skills transfer to the former. A significant number of ex-colleagues of mine now work in the public sector attracted by much better pay and conditions particularly pensions. The net result is that our firm faces increased costs, has trouble expanding and its ability to earn foreign exchange revenue and pay tax is reduced.

The economy isn't going to grow sustainably until this situation is corrected. It will probably need a second more acute financial crisis to actually make it happen.


Entire Thread
TopicDate PostedPosted By
Council cuts and whinging23/10/14 15:03:00 Thomas Barry
   Re:Council cuts and whinging23/10/14 15:47:00 Adam Beamish
      Re:Re:Council cuts and whinging23/10/14 16:18:00 Lou Valdini
         Re:Re:Re:Council cuts and whinging23/10/14 16:30:00 Michael Daley
            Re:Re:Re:Re:Council cuts and whinging23/10/14 16:52:00 Philippa Bond
               Re:Re:Re:Re:Re:Council cuts and whinging23/10/14 17:26:00 Andrew OSullivan
                  Re:Re:Re:Re:Re:Re:Council cuts and whinging23/10/14 18:23:00 Steve Taylor
                  Re:Re:Re:Re:Re:Re:Council cuts and whinging23/10/14 18:26:00 Guy Lambert
         Re:Re:Re:Council cuts and whinging23/10/14 18:18:00 Steve Taylor
            Re:Re:Re:Re:Council cuts and whinging23/10/14 21:45:00 Adam ONeill
               Re:Re:Re:Re:Re:Council cuts and whinging23/10/14 22:11:00 Steve Taylor
   Re:Council cuts and whinging23/10/14 16:42:00 William Luckman
      Re:Re:Council cuts and whinging23/10/14 17:39:00 Pete Mayes
         Re:Re:Re:Council cuts and whinging23/10/14 18:00:00 Nigel Brooks
            Re:Re:Re:Re:Council cuts and whinging23/10/14 18:12:00 Pete Mayes
               Re:Re:Re:Re:Re:Council cuts and whinging23/10/14 18:42:00 Nigel Brooks
                  Re:Re:Re:Re:Re:Re:Council cuts and whinging23/10/14 22:37:00 Steve Taylor
                     Re:Re:Re:Re:Re:Re:Re:Council cuts and whinging23/10/14 23:09:00 Philippa Bond
                        Re:Re:Re:Re:Re:Re:Re:Re:Council cuts and whinging23/10/14 23:35:00 Steve Taylor
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:Council cuts and whinging23/10/14 23:52:00 Philippa Bond
      Re:Re:Council cuts and whinging24/10/14 00:02:00 Guy Lambert
         LBH  Proposed Budget Cuts24/10/14 08:37:00 John Todd
            Re:LBH  Proposed Budget Cuts24/10/14 09:44:00 Steve Taylor

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