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Minimum wage could be cut

falko89
falko89 Posts: 1,687 Forumite
in Employment, jobseeking & training
What do you make of this Just when you think things can't get any worse, of course it might not happen but nothing would surprise me with this government.
«1345

Comments

  • notanewuser
    notanewuser Posts: 8,499 Forumite
    So what? Between 2007 and 2011 my salary remained static. My husband's salary didn't change over the same period. (Both well above minimum wage). Each year we effectively took a pay cut.

    Our savings are slowly being eroded by inflation, and we get no benefits to top anything up (unlike those on NMW).
    Trying to be a man is a waste of a woman
  • falko89
    falko89 Posts: 1,687 Forumite
    notanewuser wrote: »
    So what? Between 2007 and 2011 my salary remained static. My husband's salary didn't change over the same period. (Both well above minimum wage). Each year we effectively took a pay cut.

    Our savings are slowly being eroded by inflation, and we get no benefits to top anything up (unlike those on NMW).


    You don't need them topped up, you are obviously earning enough. Min wage jobs are topped up as wages are so low, the government are effectively subsidizing employers, Drop the min wage, they will have to pay out even more in tax credits etc, the obvious answer would be to go the other way and raise the min wage thus cutting the amount paid out in tax credit. If an employer can't afford to pay a wage without government help they should not be in business.
  • AP007
    AP007 Posts: 7,109 Forumite
    falko89 wrote: »
    What do you make of this Just when you think things can't get any worse, of course it might not happen but nothing would surprise me with this government.
    Cut? Says who? As long as I took home more than £71 a week after travel Id work for less than the current NMW
    We’ve had to remove your signature. Please check the Forum Rules if you’re unsure why it’s been removed and, if still unsure, email forumteam@moneysavingexpert.com
  • AP007
    AP007 Posts: 7,109 Forumite
    notanewuser wrote: »

    Our savings are slowly being eroded by inflation, and we get no benefits to top anything up (unlike those on NMW).
    you can get benefits on the NMW? Like what?
    We’ve had to remove your signature. Please check the Forum Rules if you’re unsure why it’s been removed and, if still unsure, email forumteam@moneysavingexpert.com
  • falko89
    falko89 Posts: 1,687 Forumite
    AP007 wrote: »
    you can get benefits on the NMW? Like what?

    Full time NMW = nothing
    Part time is the way to go.
  • notanewuser
    notanewuser Posts: 8,499 Forumite
    AP007 wrote: »
    you can get benefits on the NMW? Like what?

    I can't, but WTCs/CTCs/child benefit/housing benefit/council tax benefit...........
    Trying to be a man is a waste of a woman
  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    AP007 wrote: »
    you can get benefits on the NMW? Like what?
    Loads...working tax credits. Housing benefit. A partner who stays at home would also get the household more in tax credits. Children would also get the household more in child tax credits.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • AP007
    AP007 Posts: 7,109 Forumite
    notanewuser wrote: »
    I can't, but WTCs/CTCs/child benefit/housing benefit/council tax benefit...........
    WTC? CTC?

    Nah none on them have any baring on me so NMW would be all Id get
    We’ve had to remove your signature. Please check the Forum Rules if you’re unsure why it’s been removed and, if still unsure, email forumteam@moneysavingexpert.com
  • AP007
    AP007 Posts: 7,109 Forumite
    HappyMJ wrote: »
    Loads...working tax credits. Housing benefit. A partner who stays at home would also get the household more in tax credits. Children would also get the household more in child tax credits.
    and people who have no partner and no kids who live with someone who is related to them but still has to pay 'rent' gets...nothing?
    We’ve had to remove your signature. Please check the Forum Rules if you’re unsure why it’s been removed and, if still unsure, email forumteam@moneysavingexpert.com
  • AP007
    AP007 Posts: 7,109 Forumite
    falko89 wrote: »
    Full time NMW = nothing
    Part time is the way to go.
    No not from what has been said above - not everyone gets benefits on top of NMW
    We’ve had to remove your signature. Please check the Forum Rules if you’re unsure why it’s been removed and, if still unsure, email forumteam@moneysavingexpert.com
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