MSE News: Living Wage set to rise next year

The estimated 35,000 workers receiving the Living Wage will get a boost next year when it increases by 20p/hour to £7.85 ...
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Living Wage set to rise next year

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  • It isn't enough though is it.
    Minimum wage should be set at at least £10 per hour, that will save people having to go onto benefits to top up their wages
    Blessed are the cracked for they are the ones that let in the light
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  • sinizterguy
    sinizterguy Posts: 1,178 Forumite
    It isn't enough though is it.
    Minimum wage should be set at at least £10 per hour, that will save people having to go onto benefits to top up their wages

    Highly amusing.

    Thanks giving me a good laugh.
  • tomtontom
    tomtontom Posts: 7,929 Forumite
    It isn't enough though is it.
    Minimum wage should be set at at least £10 per hour, that will save people having to go onto benefits to top up their wages

    Have you considered the inflationary impact of such a measure? What will happen to those currently earning £10 an hour, will their wages be increased accordingly too? Who is going to fund these pay rises?

    Your name seems quite apt ;)
  • RMS2
    RMS2 Posts: 335 Forumite
    tomtontom wrote: »
    Who is going to fund these pay rises?


    Perhaps if the government made all the tax haven companies like, ebay, Google Starbucks et al, pay their fair share of tax, we could start to afford things.




    Perhaps all those well known people had all the loopholes closed down (including the politicians) so that they paid tax, we could afford things.




    As it is, only the poor pay tax and the rich pay people to avoid it. It never used to be this way before globalisation.
  • dawyldthing
    dawyldthing Posts: 3,438 Forumite
    They need to work on other things like capping rent, freezing the council tax (or even reducing it) and other things first. These would make an impact. Minimum wage going up helps a bit, but a lot of jobs that are on minimum wage are I'd guess paid for overall by all (school cleaners, carers, lollipop people etc) as I should imagine there are an awful lot that get care paid for, so other things will have to go up to pay for it.
    :T:T :beer: :beer::beer::beer: to the lil one :) :beer::beer::beer:
  • sinizterguy
    sinizterguy Posts: 1,178 Forumite
    It isn't enough though is it.
    Minimum wage should be set at at least £10 per hour, that will save people having to go onto benefits to top up their wages

    I agree, we need to do a lot more.

    So...

    Let's make minimum wage £50/hr so that everyone will be a higher rate tax payer and get no benefits at all ?

    Or maybe £100 or more per hour so that they become 45% tax rate payers and lose their personal allowance to boot ?
  • gettingready
    gettingready Posts: 11,330 Forumite
    Combo Breaker First Post
    edited 3 November 2014 at 4:01PM
    What about supporting people who want to get out from/away from NMW or living wage jobs and better themselves rather then "raising rate per hour" for jobs that pay the minimum?

    Just raising minimum/living wage - what is this going to sort out? Nothing...

    People need skills/tools/encouragement/support/role models to aim higher than for jobs that pay next to nothing. - simples.

    If there are jobs that pay rubish money and someone decides they can not live on this kind of money - it is up to that individual to better themselves so he/she can get a job that pays more. And those people should be supported.

    Just raising the rate per hour - what a nonsense....
  • teffers
    teffers Posts: 698 Forumite
    First Post First Anniversary
    There are huge corporations / companies who's business model relies massively on paying NMW (or very close to it), whilst simultaneously posting equally huge profits each year.

    The incomes of many of their staff are being supplemented by state benefits funded by the tax-payer.

    That's not right, and it's not right to say people on low wages can just educate / train themselves out of it without extra help / assistance.

    Simply raising the NMW is not the answer I agree, but neither is allowing the status quo as it is now.
  • It isn't enough though is it.
    Minimum wage should be set at at least £10 per hour, that will save people having to go onto benefits to top up their wages

    Then what? The number of people on minimum wage rises from the current 22%. Food prices, inflation and interest rise, and we are back in the situation that we started in.
  • lovinituk
    lovinituk Posts: 5,711 Forumite
    Combo Breaker First Post
    RMS2 wrote: »
    Perhaps if the government made all the tax haven companies like, ebay, Google Starbucks et al, pay their fair share of tax, we could start to afford things.
    I don't think you've thought that through very well. How do you think those companies would pay for the extra tax they would be required to pay? They certainly wouldn't swallow it up from the goodness of their hearts! They would raise their prices of course!!! So the net result certainly would not be cheaper and more affordable things!!
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