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Cut in Minimum Wage
Comments
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Thrugelmir wrote: »Not that the unskilled working population of the UK expects to be paid at a rate far above that in China, Vietnam, India, Mexico or Eastern Europe?
Plenty of people are willing to work for far less.
The UK has to be competitive for certain industries to return to these shores.
If their business model worked they would already have gone.
The jobs that are left are unavoidable if they want to trade in the country.
The people will only work for less because they haven't experienced anything better - yet. Just wait till they get that consumer drip inserted.
Jobs won't return until the cost of labour overseas and transport creeps up to match our falling rates. I do not see that happening any time soon."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
grizzly1911 wrote: »If their business model worked they would already have gone.
The jobs that are left are unavoidable if they want to trade in the country.
The people will only work for less because they haven't experienced anything better - yet. Just wait till they get that consumer drip inserted.
Jobs won't return until the cost of labour overseas and transport creeps up to match our falling rates. I do not see that happening any time soon.
I'm starting to come round to this kind of view; I was adamantly against the minimum wage originally. My only real concern is that as we start requiring higher minimum wages the 'quality' of the work done needs to improve to justify that wage, especially when talking about jobs that aren't location dependent.
If we had a combined policy of investing in improving the UK workforce and increasing the minimum wage over a ~6 year period then it might avoid some of this risk.Having a signature removed for mentioning the removal of a previous signature. Blackwhite bellyfeel double plus good...0 -
It seemed a fair response to the charge that people couldn't afford to work, it was a way of attempting to move the long term unemployed off the dole, a good intention, and what is the road to hell paved with
We invented places like Scotland and Wales to trial these half baked ideas.
Much cheaper than a gung ho let's affect everyone in the country attitude.
Politicians and ego. IT systems have developed the capacity to stroke their egos too much. Mere 'pilot systems' dont cut it any more.0 -
Graham_Devon wrote: »If business cannot afford to pay the minimum wages, theen there is either a problem with:
A) The business and it's profit levels
The cost of living
C) Government taxes
It's not C, and in most cases, it's not A either. So were just left with B.
I don't see how reducing minimum wages and pumping up benefit payouts is going to help the actual problem. It just makes the problem worse, especially since we are already propping up so many, which in turn increases the price of goods above their natural level.
The cost of living is the elephant in the room that muct be looked at at some point.
That's not logical. Why shouldn't there be jobs that simply don't pay very much because they're easy, undemanding or fun or whatever? Say there was a job testing widgets that could be done from home and was very easy and quite fun. However the co providing it only wanted to pay £3 an hour and at that rate there would still be lots of applicants. Why shouldn't they be able to offer that job at £3/hour?0 -
That's not logical. Why shouldn't there be jobs that simply don't pay very much because they're easy, undemanding or fun or whatever? Say there was a job testing widgets that could be done from home and was very easy and quite fun. However the co providing it only wanted to pay £3 an hour and at that rate there would still be lots of applicants. Why shouldn't they be able to offer that job at £3/hour?
Because the taxpayer would then be forced to stump up the shortfall whilst the company in question rakes in the profits from its slave-labour.0 -
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A friend of mine used to do piecework assembly of components at home for extra money. So much per hundred or whatever."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
Because the taxpayer would then be forced to stump up the shortfall whilst the company in question rakes in the profits from its slave-labour.
Instead of what actually happens which is the Company is not profitable if it has to pay minimum wage, therefore it doesn't exist, the job doesn't exist, and the taxpayer pays far far more since they're now supporting someone with no income at all.0 -
Instead of what actually happens which is the Company is not profitable if it has to pay minimum wage, therefore it doesn't exist, the job doesn't exist, and the taxpayer pays far far more since they're now supporting someone with no income at all.
In reality £3 pound an hour isn't going to make a fat lot of difference to the underlying problem."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
grizzly1911 wrote: »In reality £3 pound an hour isn't going to make a fat lot of difference to the underlying problem.
I disagree. Someone on a 40-hour week would still net £500 a month for doing an easy job working from home.
Are you prepared to give people £500 a month for doing something easy from home? If so I can send you my bank details.0
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