Health and social workers £36 worse off than they were a decade ago, study finds

General Election – Documents Stock

Health and social workers are £36 worse off than they were a decade ago, but salaries for bankers and others in the finance sector are up by £119 a week, a new study suggests.

Analysis published by the Trade Unions Congress (TUC) shows that real wages for health and social workers have fallen 7.6% to £441 a week since 2009.

The average worker is £17 a week worse off than they were a decade ago, with health and social workers, teachers and people working in public administration and manufacturing among the hardest hit.

Story continues below

Meanwhile, people working in finance and insurance saw a 9.3% rise in their weekly earnings to £1,405.

The TUC said this is a “clear consequence of the government’s decision to hold back the pay of hardworking teachers, nurses and other public servants” behind rising prices.

TUC General Secretary Frances O’Grady said: “It’s not right that pay is racing ahead in the City when most working people are still worse off than a decade ago.

“The architects of the financial crisis are earning record amounts while teachers and nurses struggle to get by.

“Workers deserve a much fairer share of the wealth they create.  That’s why unions need new rights to access workplaces and negotiate industry-wide rates.

“Pay inequality helped drive the last financial crash. It can’t be left unaddressed.”

Tags : paysalarysocial workerswagesworkforce
Sarah Clarke

The author Sarah Clarke

Leave a Response