'Would you forgo a payrise to help stop inflation?' Poll discussion

cazrobinson

i tihink if the government didn't prop up the over-egging banks, they would be able to pump more money into payrises, and stimulate the economy that way!

the banks are the ones who are reaping their rewards for high inflation, and we the tax-payer are now subsidising their mistakes!

kezdez

i would happily not have a pay rise but on a few conditions!

ALL government officials stop using our money for 2 homes, taxi's, decorating, etc on top of their massive wages!

If they earned a reasonable wage to begin with!

If they would do without pay increases and rediculous bonus'!

Plus let's be honest, none of the above would actually happen!

It makes me mad to even think about it, look at the price of petrol, gas, electricity, mortgages etc. I work full time as does my partner (he also has a second job) and we still struggle to afford a holiday etc so why shouldn't we have a decent pay rise???

(I'll get off my soap box now! lol)

beer_tins

As a short answer, I will if everyone else does

I will take my inflation matching (or less) salary increase next year and surely this won't make a difference because the MPs have done the same! So it must be OK in my book! My pay going up by the "official" rate of inflation means I have no more money in real terms.

It's the directors on 6 and 7 figure salaries who's pay has gone up way over inflation over the years that could most afford to forgo a pay rise. Doubt they will though.

pb8770

How can we all live on the same pay or with a 2% rise each year, when everything is going up by more than inflation. It will not be long before everyone is up to the eyeballs in debt, making the credit crunch bite even more.
We will all be priced out of our cars, then not much longer we will be priced off public transport, then you can not afford to go to work. Then industry would not function.
I am waiting for my pay rise and can not wait, because when I do finally get it is already spoken for.
If we did not have to import fuels it would have been cheaper, I blame the government for selling off our assets which has made the companies greedy to pay shareholders.

CyranoGB

I will take a pay cut when MPs vote to give up their free houses, Free kitchens, free travel, wages for their wives and children as "researchers" and all the other scams they are on. and if Mr Beckham takes a 99% pay cut he will still be on more than me.

moneysavermick_2

as i have found out the inflation beating saving certificates from n.s and i are a good way of spreading the risk we now face of higher inflation and reduced pay rises. as for how i voted.... more cash now please

Bargainetta

Yes, thanks Pink Shoes. You expressed what I was trying to say but better.

superstar_2

Would you forgo a payrise to help stop inflation?

In a word - NO

top.position

donaldtramp wrote: »

The real problem this country has is the sheer number of people employed by the state. I don't know what the actual percentage is but it is way up there in terms of all our neighbours in Europe.
For the public sector to complain and strike about below inflation wage increases makes me so angry I can't tell you.
They have a guaranteed final salary pension paid for and guaranteed by the taxpayer and get to retire at 60!
They also have incredibly safe jobs.
The strain they already put on the taxpayer is HUGE!

I work in the private sector, my pension is invested in the stockmarket, I will probably not be able to retire until I'm seventy looking at pension predictions and my pension or continuing employment is by no means guaranteed.
I have no option to strike as they do, I just have to get on with my life and not to complain about it.

Well Donald, that's an interesting point of view.

I've worked in the public sector for most of my life and have yet to attain 'average earnings'. If I get a payrise below the rate of inflation that's a pay cut. Why shouldn't I strike to maintain my standard of living (not that I ever have)?
Many people working in the public sector do so because they believe that what they do is worthwhile. Every pay cut makes us realise that the government will take advantage of that. What will happen when everyone gets sick of it and quits so there are no more teachers or nurses or binmen?

Mozette

Every year I would settle for the same rise as MPs.
And their expenses would come in useful too.:rolleyes: