Thursday, 27 January 2011

Not quite all of us are in this together

Just been to my union meeting. The institution is targeting individuals for redundancy with blatant disregard for the law.

A few months ago, I had an exchange with the Vice-Chancellor about her pay (in the region of £230,000-240,000, or £100,000 more than the Prime Minister. She told us, in public, that she wouldn't take a pay rise this year.

My pay rise this year is 0.4%, about £5 per month. With inflation at 3.7%, I'm effectively receiving a pay cut of 3.3%.

The Vice-Chancellor's income has gone up by £7000: so even if she's 'only' on £230,000, she's had enough of a raise - 3.5% to keep pace with inflation.

Jolly good. Wouldn't want to price her out of Waitrose and collapse the local economy. At least I know that nothing she says can be believed.

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