Call for fundamental rethink of the value of work

Hospital cleaners are worth more to society than city bankers, according to a new method of calculating the value of different jobs published today.

The new economics foundation (nef) called for a "fundamental rethink" of how the value of work was recognised and rewarded.

The think tank said its study shattered some of the myths used to justify high pay and argued that workers such as hospital cleaners or waste recycling workers created more value to society.

Read the rest of the report in the Independent

Read nef's report A Bit Rich