National Living Wage

housebuyer143

LightFlare said:

housebuyer143 said:

I'm confused how they intend to keep inflation low when they just gave everyone  some people a 10% payrise? Boe will probably raise rates again soon to compensate.
All companies will need to raise prices now to cover the increased staff costs, which surely will only increase inflation 🤔 
I'm not sure what this government is up to tbh. Talk about embedding inflation. 

fixed it for you - although I still agree with your comments

I didnt even get 5% this year -- they only do it to fudge the figures to justify another decade of public sector pay freezes by claiming that wages are outstripping inflation

all its doing is degrading the gap between low and medium earners and devaluing my experience and qualifications that I have built up over the years. No wonder the public sector is really struggling to keep hold of their most experienced (and arguably valuable) staff

I agree. My mate who is a nurse says today that she is better off going to work in post office sorting office than she is being a nurse. No stress of killing someone and you get similar money. It doesn't seem right the a highly qualified nurse can earn similar to someone with no skills. 

Grumpy_chap

MattMattMattUK said:

Grumpy_chap said:

stu12345_2 said:

I think the old method was government worked out what was 60% of the median wage in the UK now they are using 66% eg 2/3 rds of the median wage .I think the UK median weekly wage is around £487 to £500.

The new Living Wage £11.44 per hour.
For an employee on 40 hour week and 52 weeks per year, that works out to £23.8k per year.
If that is 2/3 median wage, it would make the median wage £35.7k per year.
Is the median wage truly that high?

I can find two conflicting figures, the first states £35,464 and the second states £38,104, either of which I think could be entirely probable. 

The Chancellor just said "average wage £35k" so all in the general mix of the figures we were finding.  

Andy_L

housebuyer143 said:

LightFlare said:

housebuyer143 said:

I'm confused how they intend to keep inflation low when they just gave everyone  some people a 10% payrise? Boe will probably raise rates again soon to compensate.
All companies will need to raise prices now to cover the increased staff costs, which surely will only increase inflation 🤔 
I'm not sure what this government is up to tbh. Talk about embedding inflation. 

fixed it for you - although I still agree with your comments

I didnt even get 5% this year -- they only do it to fudge the figures to justify another decade of public sector pay freezes by claiming that wages are outstripping inflation

all its doing is degrading the gap between low and medium earners and devaluing my experience and qualifications that I have built up over the years. No wonder the public sector is really struggling to keep hold of their most experienced (and arguably valuable) staff

I agree. My mate who is a nurse says today that she is better off going to work in post office sorting office than she is being a nurse. No stress of killing someone and you get similar money. It doesn't seem right the a highly qualified nurse can earn similar to someone with no skills. 

Band 5 nurse, basic £14.53 ph rising to £17.69 over 4 years 

vs basic of £12.29

and I suspect better pension, holday, sick leave in the NHS. & possibly better pay premia for shift etc

Hoenir

Andy_L said:

housebuyer143 said:

LightFlare said:

housebuyer143 said:

I'm confused how they intend to keep inflation low when they just gave everyone  some people a 10% payrise? Boe will probably raise rates again soon to compensate.
All companies will need to raise prices now to cover the increased staff costs, which surely will only increase inflation 🤔 
I'm not sure what this government is up to tbh. Talk about embedding inflation. 

fixed it for you - although I still agree with your comments

I didnt even get 5% this year -- they only do it to fudge the figures to justify another decade of public sector pay freezes by claiming that wages are outstripping inflation

all its doing is degrading the gap between low and medium earners and devaluing my experience and qualifications that I have built up over the years. No wonder the public sector is really struggling to keep hold of their most experienced (and arguably valuable) staff

I agree. My mate who is a nurse says today that she is better off going to work in post office sorting office than she is being a nurse. No stress of killing someone and you get similar money. It doesn't seem right the a highly qualified nurse can earn similar to someone with no skills. 

Band 5 nurse, basic £14.53 ph rising to £17.69 over 4 years 

vs basic of £12.29

and I suspect better pension, holday, sick leave in the NHS. & possibly better pay premia for shift etc

Not to mention the potential career progression. 

sevenhills

Andy_L said:

Band 5 nurse, basic £14.53 ph rising to £17.69 over 4 years 

vs basic of £12.29

and I suspect better pension, holday, sick leave in the NHS. & possibly better pay premia for shift etc

Band 5 nurse

<2 years' experience    £28,407
2-4 years                      £30,639
4+ years                       £34,581

housebuyer143

sevenhills said:

Andy_L said:

Band 5 nurse, basic £14.53 ph rising to £17.69 over 4 years 

vs basic of £12.29

and I suspect better pension, holday, sick leave in the NHS. & possibly better pay premia for shift etc

Band 5 nurse

<2 years' experience    £28,407
2-4 years                      £30,639
4+ years                       £34,581

That's what she is saying. £37k night shifts in Aldi warehouse. She does nights now so that's what she is doing now instead. 

Andy_L

housebuyer143 said:

sevenhills said:

Andy_L said:

Band 5 nurse, basic £14.53 ph rising to £17.69 over 4 years 

vs basic of £12.29

and I suspect better pension, holday, sick leave in the NHS. & possibly better pay premia for shift etc

Band 5 nurse

<2 years' experience    £28,407
2-4 years                      £30,639
4+ years                       £34,581

That's what she is saying. £37k night shifts in Aldi warehouse. She does nights now so that's what she is doing now instead. 

so not working in a "post office sorting office" then?

Even then the NHS 30% premium for "any week day after 8pm and before 6am" (and 60% Sundays) would be better than Aldi.. Plus pension etc

ETA: As an Aldi stock assistant you'll earn £11.30 per hour... If you work nights you'll receive a [unspecified, but other sources say 25% for warehouse staff] premium rate

https://www.aldirecruitment.co.uk/stores/stock-assistant

EnPointe

housebuyer143 said:

LightFlare said:

housebuyer143 said:

I'm confused how they intend to keep inflation low when they just gave everyone  some people a 10% payrise? Boe will probably raise rates again soon to compensate.
All companies will need to raise prices now to cover the increased staff costs, which surely will only increase inflation 🤔 
I'm not sure what this government is up to tbh. Talk about embedding inflation. 

fixed it for you - although I still agree with your comments

I didnt even get 5% this year -- they only do it to fudge the figures to justify another decade of public sector pay freezes by claiming that wages are outstripping inflation

all its doing is degrading the gap between low and medium earners and devaluing my experience and qualifications that I have built up over the years. No wonder the public sector is really struggling to keep hold of their most experienced (and arguably valuable) staff

I agree. My mate who is a nurse says today that she is better off going to work in post office sorting office than she is being a nurse. No stress of killing someone and you get similar money. It doesn't seem right the a highly qualified nurse can earn similar to someone with no skills. 

that is almost certainly incorrect 

an RN with 4 year post qualifying experience earns 34581 gbp BASIC as  top increment band 5 excluding shift allowance, High cost area supplements, Recruitment and retention payments  and any other applicable allowance 

https://www.nhsemployers.org/articles/pay-scales-202324

EnPointe

housebuyer143 said:

sevenhills said:

Andy_L said:

Band 5 nurse, basic £14.53 ph rising to £17.69 over 4 years 

vs basic of £12.29

and I suspect better pension, holday, sick leave in the NHS. & possibly better pay premia for shift etc

Band 5 nurse

<2 years' experience    £28,407
2-4 years                      £30,639
4+ years                       £34,581

That's what she is saying. £37k night shifts in Aldi warehouse. She does nights now so that's what she is doing now instead. 

and if she does permanent nights now on AFC you'll be earning at least 30 more than that basic figure (  60 % on sundays and bank holidays)

housebuyer143

EnPointe said:

housebuyer143 said:

sevenhills said:

Andy_L said:

Band 5 nurse, basic £14.53 ph rising to £17.69 over 4 years 

vs basic of £12.29

and I suspect better pension, holday, sick leave in the NHS. & possibly better pay premia for shift etc

Band 5 nurse

<2 years' experience    £28,407
2-4 years                      £30,639
4+ years                       £34,581

That's what she is saying. £37k night shifts in Aldi warehouse. She does nights now so that's what she is doing now instead. 

and if she does permanent nights now on AFC you'll be earning at least 30 more than that basic figure (  60 % on sundays and bank holidays)

It's not me who said it, so only have to go off what she said 🤷‍♂️ if she tells me she gets the same at these places I have no reason to distrust her.
Apparently the stress of killing someone as a nurse isn't worth the slightly extra money you get.