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Cleaners 'worth more to society' than bankers - study
Key Excerpts from Article on Website of BBC News
Posted: February 7th, 2010
http://news.bbc.co.uk/2/hi/8410489.stm
Hospital cleaners are worth more to society than bankers, a study suggests. The research, carried out by think tank the New Economics Foundation, says hospital cleaners create 10 of value for every 1 they are paid. It claims bankers are a drain on the country because of the damage they caused to the global economy. They reportedly destroy 7 of value for every 1 they earn. Meanwhile, senior advertising executives are said to "create stress". The study says they are responsible for campaigns which create dissatisfaction and misery, and encourage over-consumption. By contrast, child minders and waste recyclers are also doing jobs that create net wealth to the country. Eilis Lawlor, spokeswoman for the New Economics Foundation, said: "Pay levels often don't reflect the true value that is being created. As a society, we need a pay structure which rewards those jobs that create most societal benefit rather than those that generate profits at the expense of society and the environment".