Nmw

jacques_chirac

AP007 wrote: »

the same way some large businesses pay only the nmw

How does that relate to small businesses? You're getting yourself tied up in knots now!

Denning.

TrickyWicky wrote: »

To make a fair point.. companies like Tesco don't exactly favour paying a living wage and I'd be pretty sure they pay many staff the NMW yet look.. they make £millions.

Then there is the local dry cleaners, car valeters etc, all of which make less than £millions yet some will pay the NMW while others will pay a living wage.

Lets face it, they may be big but many companies like the supermarkets also have huge debts that they don't boast about (how do you think they keep building more and more stores? - through sheer profit? - no chance). Most have huge debts somewhere that are planned for over a period of years and as long as they service that and pay their expenses, the rest counts as profit. That may be £millions yet they probably have debts of a £billion or two that they're servicing for the next 25 years that have funded that expansion.

I read somewhere once that BT are still £2 billion in the red from their initial takeover of the public phone system yet they make mega profits too!

When you look at it like that, you have to wonder if 'big' business is even such a good idea because when they colapse (and we all know they do eventually) it has a devastating effect.

AFAIK none of the main supermarkets pay minimum wage. Why they do this I am not too sure, I assume they feel they get better employees, but they could easily pay NMW and still be spoilt for choice.

[Deleted User]

Well for the first time ever when this NMW comes into force I'll still be above it with my basic alone! what a difference a year makes as I remember a pawn brokers last year kindly having to tell me NMW had risen

Though for me when working for NWM there was definately more job security felt, if nothing else!

Why do people with not so serious jobs get paid a lot of money? myself now included whilst for nurses and the like there is no money really there, watching Doctors 3 parter a few weeks back as sad as it was (they have a go every so often to portray how it is in society with no money which is commendable I feel) and it reminded me, so thoughts go out to all people who have to do such truly awful things to keep afloat and those that are 'underemployed' which is far, far worse then min wage

Some of the most greedy types of employers I've worked for could shock but critics could also say this helped turn my life around