by Cannydc » Sun Mar 17, 2019 3:50 pm
Guest wrote:McAz wrote:Big pay rises for top earners deepening inequality, says IFS
Big pay rises for people already earning at least £1m a year could be the result of a return to levels of reward for bankers and top company bosses not seen since before the financial crisis, according to the head the UK’s leading economic thinktank.
New data collected by HMRC and released alongside the chancellor’s spring statement showed pay for the highest earners rose nearly 6% between April and September last year, compared with 3.7% for the rest of the workforce. The Institute for Fiscal Studies (IFS) said the pay disparity would exacerbate inequality.https://www.theguardian.com/business/2019/mar/14/hammond-could-have-ended-austerity-earlier-without-brexit-ifs]
Now if only you'd worked harder....
Hard work pays off.
It certainly does.
Your hard work pays off for the Owners. The Bosses. The Shareholders. The City.
And in a fair proportion of the time for you the worker, it pays off in the form of minimum wage and a zero hours contract, not enough to pay the rent and a visit to a food bank.
Gawd bless their generous hearts.
[quote="Guest"][quote="McAz"][color=#0000aa][size=150]Big pay rises for top earners deepening inequality, says IFS[/size]
Big pay rises for people already earning at least £1m a year could be the result of a return to levels of reward for bankers and top company bosses not seen since before the financial crisis, according to the head the UK’s leading economic thinktank.
New data collected by HMRC and released alongside the chancellor’s spring statement showed pay for the highest earners rose nearly 6% between April and September last year, compared with 3.7% for the rest of the workforce. The Institute for Fiscal Studies (IFS) said the pay disparity would exacerbate inequality.[/color]
[url]https://www.theguardian.com/business/2019/mar/14/hammond-could-have-ended-austerity-earlier-without-brexit-ifs[/url]]
Now if only you'd worked harder.... :roll:[/quote]
Hard work pays off.[/quote]
It certainly does.
Your hard work pays off for the Owners. The Bosses. The Shareholders. The City.
And in a fair proportion of the time for you the worker, it pays off in the form of minimum wage and a zero hours contract, not enough to pay the rent and a visit to a food bank.
Gawd bless their generous hearts.