September 14th, 2014

running lego man

If MPs salaries were defined as a percentage of the median wage, would that change their behaviour?

Idle thought I had - and I haven't investigated it, so I have no idea if others have previously proposed this.

But by tying it specifically to the median, that means that (a) it would encourage policies that kept people's wages up and (b) they couldn't be accused of taking raises while the average person wasn't.

Edit: To be clear, as over on FB people seem to be misunderstanding this a lot, I'm not saying "Let's reduce their pay to less than the median wage." - MP pay is currently 250% of median wage,and that doesn't seem wholly unreasonable to me. I'm saying "Define it as 250% of median wage", what effect would that have?



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