December 17, 2009
A somewhat unbelievable headline, yes, but as City bankers plan how to spend their hefty Christmas bonuses, a report from the New Economics Foundation has calculated the true value to society of different jobs.
The research says hospital cleaners create £10 of value for every £1 they are paid. However, bankers are a drain on the country because of the damage they caused to the global economy. They reportedly destroy £7 of value for every £1 they earn.
No mention of HR on the list. Guru wonders whether HR is a 'destroyer' or 'creator' of value. What do we reckon?
The research says hospital cleaners create £10 of value for every £1 they are paid. However, bankers are a drain on the country because of the damage they caused to the global economy. They reportedly destroy £7 of value for every £1 they earn.
- Advertising executives destroy £11 of value for every £1 created
- Child care workers generate between £7 and £9.50 for every £1 they are paid.
- Tax accountants destroy £47 for every £1 they create
- Waste recycling workers generate £12 for every £1 spent on their wages.
No mention of HR on the list. Guru wonders whether HR is a 'destroyer' or 'creator' of value. What do we reckon?
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