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Yes this was mentioned breifly on Andrew Marr show today. I think I waffled on myself about it before in some post or other quite recently. We all accepted in the old days that bosses got paid more than the flat cap workers, however it is outrageous that pay has increased in the way it has. These bosses or their board chairmen turn up on various tv programmes telling us all that good line...
"we have to pay the going rate otherwise the talent will go elsewhere"
We all like a good conspiracy theory. This is probably a conspiracy. The pay rates get ever higher on the premise that the next guy down the road is paying it. He on the other hand is telling his people that the rate must go up higher still as the guy up the road is paying it.
Are they all in it together. Pushing the dizzy spiral ever higher, while the gap widens between them and the ordinary worker.
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