News - TUC Claims Performance Impacted By Pay Disparity

 

 

Serviced offices in Cardiff news: TUC claims performance impacted by pay disparity10th June 2011

Staff in serviced offices in Cardiff could be some of the workers whose performance and motivation is adversely affected by pay discrepancies, if recent comments by the Trades Union Congress (TUC) are anything to go by.

General secretary Brendan Barber stated that the increasing gap between the wages of directors and employees "damages company performance and the wider economy".

He explained that this is due to the effects of what he called the "them and us pay culture", with "senior execs" grabbing larger proportions of the country's "dwindling earnings pool".

This follows the results of a poll by the Institute for Public Policy Research, which found two-thirds of people think the gap between those paid the most and least is too high.

A further 78 per cent of respondents would support the government enacting legislation to reduce this disparity.

Mr Barber said that this report shows this would be a "big vote winner" as well as assisting the country's finances. 

 

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