Tax Credits

dktreesea

CLAPTON wrote: »

a lot of people agree with you

it's a shame that most of them don't start businesses that pay these rates to people without skills.

This is what amazes me. Who do you think is working out there "without skills"? All workers have skills. Maybe anyone can drive a bus, work a cash register, clean offices, push patients trying to get off the gurney around a hospital, be a garbage collector, work in a chicken or fish processing plant. The thing is, I don't see many people actually doing it.


I've had some first hand experience of a few of those kinds of jobs over the years. A fish processing plant is easily one of the most dangerous work places I have ever experienced. Paying people the NMW in the UK to do that kind of work is insulting.

dktreesea

Thrugelmir wrote: »

Do you know how many employees Tesco's has?

Around 507,000

That equates to a profit per head of £698.

Based on a 37.5 hour week. Each employee contributes 37 pence per hour.

Best to understand what numbers mean before spouting off.

Osborne may have made a fatal error with his minimum wage plans.......

So we expect the self employed to make £6.70 an hour, in profits, before getting any additional help from the benefits system. But Tesco is so poorly run all they can make out of their employees is £0.37 an hour? And we, the taxpayers, should feel sorry for them and continue our senseless subsidy of their poverty wages?


No wonder their shareholders are forever dumping their stock. Why don't they make a bit more effort to make some proper profits before holding their cap out to us to fund their employees?

mwpt

dktreesea wrote: »

I've had some first hand experience of a few of those kinds of jobs over the years. A fish processing plant is easily one of the most dangerous work places I have ever experienced. Paying people the NMW in the UK to do that kind of work is insulting.

Why do you feel that you know what's right or insulting for a person better than the person themselves? If the wage was so insulting, no one would do the job.

CLAPTON

dktreesea wrote: »

This is what amazes me. Who do you think is working out there "without skills"? All workers have skills. Maybe anyone can drive a bus, work a cash register, clean offices, push patients trying to get off the gurney around a hospital, be a garbage collector, work in a chicken or fish processing plant. The thing is, I don't see many people actually doing it.


I've had some first hand experience of a few of those kinds of jobs over the years. A fish processing plant is easily one of the most dangerous work places I have ever experienced. Paying people the NMW in the UK to do that kind of work is insulting.

as I said
start up the businesses and pay the rate that isn't insulting.
or do you lack the skills?
simple isn't it?

gadgetmind

dktreesea wrote: »

No wonder their shareholders are forever dumping their stock.

For every share that anyone sells, there is someone who wants to buy, given the right price. This is the way markets work.

Ditto the jobs market. If you make it too expensive to do business in some territories, then companies will shrink their businesses in those territories, hence Tescos selling 43 stores in the UK alone. Keep cranking up the costs, and more and more people will be laid off.

Of course, if they are heavily skilled in things like stocking shelves, gutting fish, and pushing things, then they'll breeze into a new job paying much more than minimum wage. Or maybe start a new business that pays the "unskilled" huge amounts for doing these things, Who knows?

Generali

dktreesea wrote: »

I want the minimum wage to be £9.50 an hour. At least.

That's basically the model we have in Australia: a very high minimum wage plus compulsory extra 'penalty rates' at the weekend and on public holidays.

The result is a high cost of living: you earn a lot (comparatively) at the bottom of the wage chain but everything costs a fortune. Limes were $15/kg at the supermarket today and I just paid $3.98/kg for spuds.

Higher wages => higher prices. Aussies are also noticeably unlikely to start a risky business, I suspect because they can simply earn more here by sticking with the day job.

Mistermeaner

This the thing with the left's attacks on evil corporations. If you force them to pay more in either tax or wages or anything else they simply lose out to international competition or prices rise so ultimately the consumers pay one way or another.

Intervention in the market in one tiny island does not work in a global economy that does not need to apply the same rules.

Most policies of the left and our minimum wage friend above are fundamentally flawed and based on an ignorance of basic economics

Generali

Mistermeaner wrote: »

This the thing with the left's attacks on evil corporations. If you force them to pay more in either tax or wages or anything else they simply lose out to international competition or prices rise so ultimately the consumers pay one way or another.

Intervention in the market in one tiny island does not work in a global economy that does not need to apply the same rules.

Most policies of the left and our minimum wage friend above are fundamentally flawed and based on an ignorance of basic economics

The high cost of doing business in Australia, coupled with lax enforcement of cartel laws I suspect, means that the largest retailer of cycling goods to Australians is based in Portsmouth, Hants.

wotsthat

dktreesea wrote: »

I've had some first hand experience of a few of those kinds of jobs over the years. A fish processing plant is easily one of the most dangerous work places I have ever experienced. Paying people the NMW in the UK to do that kind of work is insulting.

What people could do is put an ad in the local paper instead 'man for hire £10/ hour - skilled in removing fish guts and pulling pallet trucks'.

They'd soon find there's a reason they're working in a fish processing plant for NMW. They've had a lifetime of wondrous opportunity to develop the skills to earn more than NMW. Their choice.

wotsthat

Generali wrote: »

The high cost of doing business in Australia, coupled with lax enforcement of cartel laws I suspect, means that the largest retailer of cycling goods to Australians is based in Portsmouth, Hants.

LOL. I watch the odd Youtube channel featuring Australian cyclists and Wiggle boxes in the background are a regular feature.