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?
Why is it such a big epidemic?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.
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.
The NHS and schools have reported problems of recruitment and retention in their sectors due to the cap.Basically, If we got rid of it, 5.1 million workers would get a better pay...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.
Chancellor Philip Hammond has insisted thatAll evidence can be found on the following website;the only way to fund extra spending is by putting up taxes, increasing productivity to boost growth or increasing borrowing.
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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