Abstract
The outcome of the UK’s next election may well be determined by debates about the efficiency of the public sector, especially in education and health. Labour’s traditional tax and spend policies appear to have failed yet again. Despite dramatic increases in public spending there appears to be no corresponding increase in output and efficiency. Why? The first reason relates to the simple idea that there is a clear correspondence between pay and performance. This is not, nor has it ever been, true. Perceived low pay can and does lead to considerable dissatisfaction and demotivation but not vice versa.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Author information
Authors and Affiliations
Copyright information
© 2005 Adrian Furnham
About this chapter
Cite this chapter
Furnham, A. (2005). Pouring money down the drain. In: The People Business. Palgrave Macmillan, London. https://doi.org/10.1057/9780230510098_48
Download citation
DOI: https://doi.org/10.1057/9780230510098_48
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-4039-9222-2
Online ISBN: 978-0-230-51009-8
eBook Packages: Palgrave Business & Management CollectionBusiness and Management (R0)