Public sector big beasts can console themselves with a promising afterlife in the private sector
career will end in failure this week as voters have their say at the polling booth. But at least losers can look forward to a comfortable afterlife. General elections, and the upheaval they entail, send waves of public servants into the welcoming arms of companies, banks, consulting firms and other outfits.
The biggest exodus on record was of senior Tories after Labour’s 1997 triumph. Departing ministers and civil servants snapped up 175 jobs between them in 1996-98, according to a report by the Advisory Committee on Business Appointments , a Cabinet Office body.was founded in 1975 to vet moves of political and civil-service big beasts into the private sector. It cannot stop people taking jobs, but attaches conditions.
Corporate jobs are by now a normal late chapter of a civil-service or political career. Before the 1990s it was Tory grandees who went off to plum posts in the City, says Richard Brooks of, a muck-raking magazine, but after Labour got close to business everyone started doing it.examines the post-retirement jobs of only top people—ministers, permanent secretaries and directors-general. Between 150 and 200 cases come up a year.
Beneficiaries argue that having public-service-minded people in companies is a good thing. The private sector is in effect subsidising public-sector pay, they say, helping recruit the best talent into public life. Salaries are higher in the corporate world by a factor of between three and 25.keep highlighting controversial cases.
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