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The Minimum wage

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Comments

  • suburbanwifey
    suburbanwifey Posts: 1,642 Forumite
    ILW wrote: »
    You obviously know nothing about the finances of your bog standard care home. Many barely break even.

    Have you seen how much they charge residents to live there per week? I'd like to know why they barely break even, I really would!
  • ILW
    ILW Posts: 18,333 Forumite
    Have you seen how much they charge residents to live there per week? I'd like to know why they barely break even, I really would!

    Around £700 pw for a fairly dependent adult requiring 24 hour care, a room, food etc etc. If you do the sums it is actually not the moneyspinner that many think.
  • Well I suppose the minimum wage question is how much do you want private companies to pay towards someones wage and how much should the state put in to top these wages up to a living wage?

    The less the private companies pay people, the more has to come out of the state coffers to top them up.
  • coastline
    coastline Posts: 1,662 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    If you think a lower minimum wage will help the country out ...then your kidding yourself....it will only help the person or body who are employing you...well they might employ a few more on lower wages but the government will have to subsidise thier income with benefits..
    While these austerity measures continue millions of folk will be affected...at some point 5-10 years time we'll have a balanced budget...which will then give the government in power the chance to borrow money...yes borrow more money..
    You can bet you last penny two things will happen...a lowering of the higher rates of tax and a reduction in business tax...
    Wether the ordinary guy in the street gets anything is debatable....well hopefully a decent job..
    At the end of the day if world leaders knew how to get out of this mess then I'm sure it would be happening...its been going on nearly 5 years ..
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Minimum wage should increase to around £12 an hour *minimum* as that would be considered by me a minimum wage that is liveable on in today's Britain,

    Would you pay someone that to

    a) mow your lawn
    b) serve you a cup of tea
    c) deliver leaflets
    d) wash and clean your car
  • suburbanwifey
    suburbanwifey Posts: 1,642 Forumite
    Thrugelmir wrote: »
    Would you pay someone that to

    a) mow your lawn
    b) serve you a cup of tea
    c) deliver leaflets
    d) wash and clean your car

    Actually I do pay someone to tend my land at £12 an hour! and that wasn't what I offered, that's what the man said he charged when I interviewed him with regards to maintaining my land. Yes, that is the going rate for mowing grass and cutting hedges in my part of the country!
  • suburbanwifey
    suburbanwifey Posts: 1,642 Forumite
    Thrugelmir wrote: »
    Would you pay someone that to

    a) mow your lawn
    b) serve you a cup of tea
    c) deliver leaflets
    d) wash and clean your car

    Washing and Cleaning my car costs me £25.00 and it takes him about 2 hours, to wash and clean and do inside. So that works out at around £12.50 an hour to valet a car. That's his standard, advertised price.

    So, most doing the jobs you mention charge upwards of £12 an hour! Fact.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Actually I do pay someone to tend my land at £12 an hour! and that wasn't what I offered, that's what the man said he charged when I interviewed him with regards to maintaining my land. Yes, that is the going rate for mowing grass and cutting hedges in my part of the country!

    I assume that he's not on your payroll though.
  • suburbanwifey
    suburbanwifey Posts: 1,642 Forumite
    Thrugelmir wrote: »
    I assume that he's not on your payroll though.

    You know he's not, by the very way I worded the answer. So why ask? He's plainly self-employed.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You know he's not, by the very way I worded the answer. So why ask? He's plainly self-employed.

    Then his labour rate covers a multitude of other expenses.

    If he was to charge £12 an hour for labour only. Then the cost to you could be £20 to £30 for the service he is providing.

    A fundamental difference when discussing the minimum wage.
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