Public sector chiefs earning hundreds of thousands of pounds a year would have their salaries cut back by a Conservative government under a radical scheme to link their earnings to the lowest-paid workers in their organisation, David Cameron announces today.
Er, not quite. Let's try again:
A Tory government would establish a fair pay review to ensure that no senior manager in the public sector can earn more than 20 times more than the lowest- paid person in their organisation.Oh, they're going to set up a review. How exciting - not.
What sort of fatcat salaries are we talking about? Well, the highest quoted is £392,000. And how many are likely to be affected? Perhaps as many as 200. OK, it's not going to change the world, but the principle is not unimportant. Nevertheless, it seems a lot of effort for not a lot of reward.
Meanwhile, the obscenities of private sector fatcat pay, such as this one, are permitted to continue unhindered.