ja_mageia

Europe's favourite think tank website
  • Narrow screen resolution
  • Wide screen resolution
  • Decrease font size
  • Default font size
  • Increase font size
Home Blogs ‘Fair’ salaries
‘Fair’ salaries Print E-mail
Written by Harriet Green   
Thursday, 29 July 2010 07:00

The Lewisham head teacher, Marks Elms, of Tidemill Primary in Deptford, was paid a total of £204,303 last year (the press has misrepresented this as it does not all relate to a single year). The basic figure is £82,714 and he received a further £102,955, covering two years for his work in City Challenge, a ‘highly targeted drive to crack the cycle of under-achievement among disadvantaged children in primary and secondary schools’.

The uproar over this has been compounded by the self-important comments of the general secretary of the ATL teachers’ union, Mary Bousted, who said that the key issue when it comes to pay is ‘fairness’.

It is not a case of comparisons. What someone’s salary ought to be is a matter of subjective value. What somebody’s salary is can only be determined by negotiation between parties, informed by market forces. As it stands, we have to put up with having ivory tower dwellers spouting how much of taxpayers’ money should go on services providing for them. There is no ‘ought’ about it. The ‘is’ should be determined by supply and demand. Parents interviewed on Elms’s salary seemed to think he deserved what he got – the work he’d done for their children seemed reason enough. To compare his salary with that of investment bankers, graduate teachers and cleaners is meaningless; it serves only to highlight the distorted economic system which fuels comments such as Bousted’s.


blog comments powered by Disqus
 

Words of wisdom

"The discipine of colleges and universities is in general contrived, not for the benefit of the students, but for the interest, or more properly speaking, for the ease of the masters."

The Wealth of Nations, Book V, Ch I, Part III

 

"The endowments of schools and colleges have necessarily diminished more or less the necessity of application in the teachers. Their subsistence [is] altogether independent of their success and reputation in their particular professions."

The Wealth of Nations, Book V, Ch I, Part III


About the ASI

The Adam Smith Institute is the UK’s leading libertarian think tank. It engineers policies to increase Britain’s economic competitiveness, inject choice into public services, and create a freer, more prosperous society. For more information, click here.

rss180
facebook180
twitter180
youtube180

Get our e-Bulletin

Support the ASI

Enter Amount: