We hear endlessly on MN that public sector workers are underpaid, overworked and do not have the advantages workers in the private sector have. All nonsense of course, as is the rhetoric about being able to earn much more for the same job in the private sector.
Teachers are being balloted about rejecting a 2.8% pay increase the year after they received a 5.5% increase.
I thought it woukd be interesting to try and get an idea of the reality of the public v private sector pay debate.
I'll start.
Work for a FTSE 100 company. This year we are getting 2%, last year was 1.5%.
I am paid just under £33k for a professional, skilled job, albeit in a generally low-paid sector. So less than a bin driver apparently.
There is no direct comparison to my job in the public sector, but the nearest equivalent was advertised at £38-£42k a couple of years ago.