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


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

Controversy over bankers’ bonuses raises fundamental questions, not just about the pay of senior executives, but also about the relative value of everyone’s work in society. A Bit Rich? brings an entirely new perspective to this issue, using a robust valuation method, Social Return on Investment, to quantify the social, environmental and economic impacts of six professions, looking at how each produces – or destroys – value for society. For each activity, the analysis measures the conventional economic returns, including job creation, but adds in, for example, attributable environmental degradation, and changes in well-being – either positive or negative - to individuals and communities in wider society.


By NEF, UK.


Health Policy Resource.