• Denjin@lemmings.world
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    7 days ago

    RPI is an outdated and rarely used measure of inflation that makes it look a lot worse than it actually is. Almost everyone uses CPI or the better CPIH which factors in housing costs (rent and mortgages). Using CPI instead of RPI shows doctor pay since 2008 has actually only decreased by a relative 4.7% not the 21% that the BMA is claiming.

    The BMA have picked an arbitrary date to make their comparisons with (2008) if you pick a different date you get vastly different figures. For example, over the last 10 years, resident doctor pay has increased above inflation.

    Resident doctors in the UK are also on more money than almost all comporable economies (though direct comparison is difficult at best). Further, UK doctor graduates are the least likely to move abroad compared to the rest of the European Economic Area according to figures published by the BMA in 2022.