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Living Wage: our survey says.......

BobQ
Posts: 11,181 Forumite

http://www.cipd.co.uk/pressoffice/press-releases/nlw-rf-release-181115.aspx?utm_medium=email&utm_source
Impact of Osborne's political ruse.......confusion, higher prices, more productivity, less jobs who knows?
Impact of Osborne's political ruse.......confusion, higher prices, more productivity, less jobs who knows?
Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.
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Comments
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What's a syrvey?0
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http://www.cipd.co.uk/pressoffice/press-releases/nlw-rf-release-181115.aspx?utm_medium=email&utm_source
Impact of Osborne's political ruse.......confusion, higher prices, more productivity, less jobs who knows?
Do you mean to say that Ed M was wrong?
“We will set new ambitions for the minimum wage. A minimum wage by 2019 reaching its highest ever proportion of average earnings, rising to more than £8 an hour, because we are determined to write the next chapter in the fight to end low pay."
http://www.theguardian.com/politics/2015/apr/13/labour-manifesto-pledges-to-boost-minimum-wage-and-cut-deficit0 -
http://www.cipd.co.uk/pressoffice/press-releases/nlw-rf-release-181115.aspx?utm_medium=email&utm_source
Impact of Osborne's political ruse.......confusion, higher prices, more productivity, less jobs who knows?
Love the distinction drawn in the report between 'raising productivity' and 'employing fewer staff' when of course they are the same thing. :rotfl:I think....0 -
Do you mean to say that Ed M was wrong?
“We will set new ambitions for the minimum wage. A minimum wage by 2019 reaching its highest ever proportion of average earnings, rising to more than £8 an hour, because we are determined to write the next chapter in the fight to end low pay."
http://www.theguardian.com/politics/2015/apr/13/labour-manifesto-pledges-to-boost-minimum-wage-and-cut-deficit0 -
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Only if production remains the same. It could mean doing/producing more with the same number of people as at present.
Exactly. It could mean dispensing with lower paid unskilled jobs and replacing them with higher calibre staff plus more capital investment.
That presumably is the intention of a national minimum wage - to drive unskilled workers out of the economy. A bit like a scrappage scheme.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
Clifford_Pope wrote: »Exactly. It could mean dispensing with lower paid unskilled jobs and replacing them with higher calibre staff plus more capital investment.
That presumably is the intention of a national minimum wage - to drive unskilled workers out of the economy. A bit like a scrappage scheme.
Drive low paid work out does not mean drove low skill people out of the workforce. People can always upskill and there is a constant churn of new entrant's in and retirees out. So even if you can't teach an old dog new tricks 20% of the workforce retires per decades so long term it should be OK0 -
People can always upskill
Try suggesting that to them. They get uppity as it's kind of suggesting that their low pay is somehow their own fault!I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
Only if production remains the same. It could mean doing/producing more with the same number of people as at present.
In other words rather than increasing employment to increase production, instead other methods not using so much Labour will be used = less employment than otherwise.I think....0
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