The New Minimum Wage 2016 ?

Top_Dog

I have heard that some Employers are going to reduce the number of hours their employees work when the new minimum comes in in April 2016


Anybody know anymore on the subject

System

Scare tactics?
Remember higher wages mean richer customers too

Takeaway_Addict

MatthewAinsworth wrote: »

Scare tactics?
Remember higher wages mean richer customers too

For some a reality as well, the government believe it will outweight the losses (circa 60000 jobs over 5 years from memory) but there is also the belief that 4million hours will be reduced.

System

For government it means more tax revenue and less tax credit bill, theyve calculated that at that amount if it creates a little unemployment that won't cost them more than they'll make

Scary as unemployment may be its not really financially worse for these people, the gap between work and dole is too small

tomtontom

I know of employers in the care industry that are going to have to cut hours to the minimum legal staffing numbers. Combining the NMW increase with the cuts in council care funding they have no other option.

scooby088

Its called the living wage and will be £7.20 for over 25's the NMW will still be £6.70 for under 25's. plus I can see the reduction in hours too.

System

Care homes do make me wonder, we charge £500 to £800 per week yet we can't afford a rise in pittance, wonder where its going or how wasteful they may be with managers wages, rent of premises, loans, etc

tomtontom

MatthewAinsworth wrote: »

Care homes do make me wonder, we charge £500 to £800 per week yet we can't afford a rise in pittance, wonder where its going or how wasteful they may be with managers wages, rent of premises, loans, etc

£500 a week doesn't go far when you consider everything the homes need to do to pass CQC inspections - H&S, staffing, endless record keeping. Our managers earn less than £21,000 and earn every penny. The buildings are owned, though obviously they need to be maintained.

Anything else you "wonder" about care homes?

System

In that case the managers are paid less than nurses, it just seems like an awful lot of money for a hotel with a drugs round and a few washes, no other area of service seems so expensive. If it really is that expensive maybe ordinary min wage people don't really have a right to care when elderly

Something just seems very inefficient, maybe multiple things, maybe record keeping is an easy one to target, food can be done cheaply, etc

System

Robotic drug dipensors could help...

System

I believe they are profitable businesses to own...