Living wage - does good politics result in bad economics?

CLAPTON

Thrugelmir wrote: »

I think that the bad publicity should not be under estimated either.

What's the knock on effect if 20 people who know each employee no longer shop at Next?

Something like this can ripple out. The good guys will court good publicity. Never been any different.

whilst I agree that saying things how they are, is often very unwise in our society nevertheless
if 20 people who know each employee stop shopping there : then the employees will all loss their jobs.

Mistermeaner

Plus its their clothes that people buy not their csr.

Next is also a kind of upper market shop and is likely to have Tory sympathetic customers - gross generalisation probably but I can't see next custom ers being particularly workers rights concerned

michaels

martinsurrey wrote: »

http://www.bbc.co.uk/news/business-34201617

I emailed them once and they changed the title,

I emailed them again, and they changed the content (correctly changing it to 1% LWP 5% general wage inflation...)

Edit:
emailed them again as they say 1 and 5% per year, when its really 1 and 5% over 4 years...

they really need to learn to proof read.

I have got bored of emailing corrections to the BBC news website business section - what is slightly worrying if in that section I can see they are being wrong / misleading with basic maths, how often are they wrong on other topics where I don't know enough to realise, especially now with their 50 word articles that don't have space to reference the source statistics.

Mistermeaner

That's what happens when consumer has no choice about paying - no need to provide good service

Thrugelmir

CLAPTON wrote: »

whilst I agree that saying things how they are, is often very unwise in our society nevertheless
if 20 people who know each employee stop shopping there : then the employees will all loss their jobs.

Some people are bound to lose their jobs anyway as a result of the increase. The directors will continue to earn more.

Apathy is a trait these days. As long as I'm alright jack.

Generali

Mistermeaner wrote: »

But the owners have decided that as custodians that is how much they should be paid.

Perhaps if they were not paid as much they would leave (to a competitor) and next would no longer be a successful company.

Do not under estimate the influence on success those at the top have

The impact of CEOs is going to be the subject of a future piece of research of mine!