Hospital cleaners worth more to society than City bankers, says new nef research

New method calculates social value of different jobs: think-tank advocates a fundamental rethink of how the value of work is recognised and rewarded.

The research reveals that overall:

  • Elite City bankers (earning £1 million-plus bonuses) destroy £7 of value for every £1 they create.
  • Hospital cleaners create over £10 in value for every £1 they receive in pay.
  • Advertising executives destroy £11 of value for every £1 created.
  • Child care workers generate between £7 and £9.50 for every £1 they are paid.
  • Tax accountants destroy £47 for every £1 they create.
  • Waste recycling workers generate £12 for every £1 spent on their wages.

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