Sharing growth with workers will help boost productivity, says TUC
10 July 2015
Commenting on the publication today of the government’s productivity plan, TUC General Secretary, Frances O’Grady said:
“Improving productivity is essential to making sure that all of Britain gets a pay rise and that strong growth delivers sound public finances.
“There are no shortcuts to higher productivity. It’s only achieved by long-term investment and an embedded culture of positive labour relations. The best businesses are those where employers and the workforce are productivity partners, like our world leading automotive and chemical industries. When workers are engaged and getting a fair share from growth, they deliver better results.
“Trade unions stand ready to play a positive role in delivering the productivity growth the UK urgently needs. And we call on the government to use the autumn spending review to back this plan with the long-term boost in capital investment and skills that it needs to succeed.”