Nice People Thread Part 9 - and so it continues

lostinrates

Spirit. Your daughter might meet someone whose income is better than hers, or have a provident career.


There are lots of things t worry about but.....she has t live the life and make the choices.

lostinrates

PasturesNew wrote: »

As a single person, all my income was always needed to keep a basic roof over my head and get to/from work. Never had spare cash for a pension. Never had an employer with one. !

Its not a single issue, its a job security/ career issue. E.g. Some couples/families have single earners have the one income and double or more the costs.

The problems with pensions apply to them as much as singletons. Particularly those with no kids/ not eligible for any 'benefits'

PasturesNew

For me, retiring isn't about "what to do with your time", but affording food/heating/repairs. If you've enough income to live and get out of the house there's plenty that could be done out there..... but I expect to be staying in, for a change

michaels

If we are not going to get any state pension it is a shame I didn't opt out when they was possible. My fund is currently worth about 200k, at the moment I am adding about 25k pa but if I switched to working fewer days per week then that would have to decrease. My parents were self employed and never did pension just property and did much better than they ever would have done in a pension.

LydiaJ

PasturesNew wrote: »

I'd hate that.... what if the charity is wasteful or spent on something you don't believe in/don't want to support?

It might be, for some, that the £5 is a real difference .... and they're handing over the £5 to be given to a worthless charity that they despise. I'd rather have £5 in my pocket than a lot of jumped up charities out there.

They can't do dinner for everybody, so they do parties for the teaching staff and support staff separately. I don't know what the deal is for the support staff - they may not be asked to give anything to go to theirs. The teaching staff are all paid professional salaries and should all be able to afford five quid. They always tells us what the charity is, and for the 8 Christmases I've been there so far it's always been something I'm happy to support. If anybody doesn't want to go, isn't free that evening, doesn't want to support that charity or can't spare the money, there's no pressure to go.

The departmental party is organised by us, for us, and we pay for it. It's just a lunchtime buffet that we go out for on the last day of term, so not expensive. Teachers pay to go, plus about 40% extra. You have to pay the extra even if you're not going. It pays for the support staff (the science technicians and the cleaners who do the science bit of the school building) to go for free. It's our present to them because they look after us all year.

Spirit_2

zagubov wrote: »

It seems outrageous to me that job sharing isn't encouraged more and work isn't rationed out more fairly across age groups and amongst people who can't achieve skills arnd work experience in the dole queue. For workload, it's either famine or glut.

I think there will need to be a legislative change to even out opportunities across the generations. In the years since the abolition of a manadatory retirement age I am seeing through my work an increase in the older workforce in non professional roles with a reduction in opportunities for younger workers.

Amongst professionals, as we have a growing workforce, there are opportunities for the newly qualified and for retaining older staff. The tricky bit will be 'blocking' of promotion routes within a few years or keeping much older professionals up to date in latest techniques and technologies requiring significant training.

michaels

I don't subscribe ti the 'lump of labour' fallacy - work creates its own demand - ie me having a job doesn't mean there is one less job for someone else as what I earn I will spend thus making jobs for other people. If there were a fixed amount of work how come the workforce has ever changed since medieval times when the country had less than 10m people?

How did we end so much on topic?

As well as my freebie dinner I should also go to the dinner of the place where I have worked all year but I really don't fancy spending the 50 quid on an event I don't want to attend and would feel guilty about spending money on myself rather than the kids. Luckily it clashes with the school xmas play so I have an ideal excuse.

vivatifosi

Spirit wrote: »

I think there will need to be a legislative change to even out opportunities across the generations. In the years since the abolition of a manadatory retirement age I am seeing through my work an increase in the older workforce in non professional roles with a reduction in opportunities for younger workers.

Amongst professionals, as we have a growing workforce, there are opportunities for the newly qualified and for retaining older staff. The tricky bit will be 'blocking' of promotion routes within a few years or keeping much older professionals up to date in latest techniques and technologies requiring significant training.

Do you see a change in non-professional workers too? The reason I ask is if you look at people who work in libraries, many staff are Library Assistants. This is often an ageing cohort, but it can be quite hard and physical work. Shelving books involves a lot of lifting, bending and squatting; books are heavy and tend to arrive in large boxes; then there is a lot of standing. I would imagine that would be quite hard at 70.

People tend to assume that working in a library is easy and just involves shushing people all day, but it can be very hard, physical work.

HAMISH_MCTAVISH

michaels wrote: »

I don't subscribe ti the 'lump of labour' fallacy - work creates its own demand - ie me having a job doesn't mean there is one less job for someone else as what I earn I will spend thus making jobs for other people.

Spot on.

The easiest way to think of it is that a country of 100 million people requires twice as many doctors, lawyers, taxi drivers, shelf stackers, etc, as a country of 50 million people.

If there were a fixed amount of work how come the workforce has ever changed since medieval times when the country had less than 10m people?

Yep.

The "immigrants steal jobs" brigade never seem to be able to answer why unemployment is lower now than it was in the 80's/90's recessions despite us having 5 million more adults.

Spirit_2

lostinrates wrote: »

Spirit. Your daughter might meet someone whose income is better than hers, or have a provident career.


There are lots of things t worry about but.....she has t live the life and make the choices.

I know all that, but being concerned for the future of your offspring is part of the mum job description. Just when I become 'cool' about something a new thing pops up for me to overthink.

So you have managed to remind me of other thing I try not to think about in the spirit of learning from Nikkster...

meeting someone
income > hers
provident career

this was on top of house deposits
and now...pensions


If anyone has a wealthy male friend of marriageble age who likes horses and bunny rabbits, cake and mess, tell them we have their soul mate.