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Why do footballers earn more than nurses?
Member rating: No Rating | Words: | Submitted: Tue May 02 2006
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Chris Outar Why do footballers earn more than nurses? Introduction The objective of this investigation is to establish the reasons why Premier league footballers earn substantially more than nurses in the National Health Service. For example, the average wage of a premier league footballer is approximately more than £300,000. per annum, with the likes of Steven Gerard of Liverpool Football Club and Frank Lampard of Chelsea Football Club supposedly earning over £100,000. per week, whereas a newly qualified nurse earns £17,610 - £19,437. per annum (1). During this investigation I will try to establish the reasons why there is such an inequality in wages between a premier league footballer and an NHS nurse. The labour market The function of a labour market is to establish the price of labour. That price should reflect the value labour has added to the production process and the ability and willingness of workers to provide the labour....
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