0 Members and 1 Guest are viewing this topic.
That's the whole point. It pushes up ALL low wages.It's a step on the road to start changing the last 40 years, where low wages have been kept low, with the proceeds of growth going disproportionately to the richest. It desperately needs addressing, both for economic reasons (because the poorest proportionally spend more of their income and help get money circulating through the economy) and morally (because the levels of working poverty we have in Britain are an utter disgrace).
It's precisely what I've just done in my company. A young lad has finished his apprenticeship. We put him up to a significantly higher wage and upped the lads who were above him too.By the way, the Tories said for years that the minimum wage would destroy jobs. It doesn't.
Then folk need to push back. If we still had strong unions...
HoundThere were some figures published a few years ago.Back in the 60s and 70s, when we had strong unions, for every £1 that GDP went up, median wages went up 90p. By 2010, with the unions smashed, the figure was 57p.Just ponder that for a while.THAT is the issue. It's a long term thing. 1% here and there is NOT worth fighting for, you're right. But over a generation, if the workers are weak, those 1%s get lost year after year after year. And it adds up to the grotesquely unequal distribution of the proceeds of growth and the in-work poverty we have today.Oh aye. And we had stronger economic growth in the 60s and 70s than we have today. The line that the unions weakened the economy is demonstrable bullshit.
When you have had a pay rise have you reduced your own hours bfyp?
BFYP.I'm talking about the effect on a national scale.https://minimumwage.blog.gov.uk/2019/02/01/effects-of-the-minimum-wage-on-employment-and-automaton-lpc-publishes-new-commissioned-research/If decent sized companies can't survive without paying their staff less than a tenner an hour, that raises questions about their business model.
£10 an hour would cripple most small and some large company's and the only thing that will happen is it will push up daily living expenses , in reality people will not be better off and it will put up unemployment and unskilled workers will struggle to find work if you have to pay £10 per hour
Quote from: rich1471 on December 10, 2019, 10:10:38 pm£10 an hour would cripple most small and some large company's and the only thing that will happen is it will push up daily living expenses , in reality people will not be better off and it will put up unemployment and unskilled workers will struggle to find work if you have to pay £10 per hour If a company can't afford to pay £10 per hour then they have no right to be in business!
Quote from: Not Now Kato on December 10, 2019, 10:17:06 pmQuote from: rich1471 on December 10, 2019, 10:10:38 pm£10 an hour would cripple most small and some large company's and the only thing that will happen is it will push up daily living expenses , in reality people will not be better off and it will put up unemployment and unskilled workers will struggle to find work if you have to pay £10 per hour If a company can't afford to pay £10 per hour then they have no right to be in business!Apply that acxross retail, what happens to the prices you pay? It's the consumer who pays it, your options are fairly limited.
Quote from: big fat yorkshire pudding on December 10, 2019, 10:22:01 pmQuote from: Not Now Kato on December 10, 2019, 10:17:06 pmQuote from: rich1471 on December 10, 2019, 10:10:38 pm£10 an hour would cripple most small and some large company's and the only thing that will happen is it will push up daily living expenses , in reality people will not be better off and it will put up unemployment and unskilled workers will struggle to find work if you have to pay £10 per hour If a company can't afford to pay £10 per hour then they have no right to be in business!Apply that acxross retail, what happens to the prices you pay? It's the consumer who pays it, your options are fairly limited. If a company can't afford to pay £10 per hour then they have no right to be in business. That's got sod all to do with the consumer paying. If a business can't afford to pay £10 per hour then the business model is a failure and the owners shouldn't be in business. It's stupid to suggest that owners/shareholders should benefit from low wages! Owners/share holders should be out of business and get nothing if their business model can't support a £10 minimum wage.
Quote from: Not Now Kato on December 10, 2019, 10:29:18 pmQuote from: big fat yorkshire pudding on December 10, 2019, 10:22:01 pmQuote from: Not Now Kato on December 10, 2019, 10:17:06 pmQuote from: rich1471 on December 10, 2019, 10:10:38 pm£10 an hour would cripple most small and some large company's and the only thing that will happen is it will push up daily living expenses , in reality people will not be better off and it will put up unemployment and unskilled workers will struggle to find work if you have to pay £10 per hour If a company can't afford to pay £10 per hour then they have no right to be in business!Apply that acxross retail, what happens to the prices you pay? It's the consumer who pays it, your options are fairly limited. If a company can't afford to pay £10 per hour then they have no right to be in business. That's got sod all to do with the consumer paying. If a business can't afford to pay £10 per hour then the business model is a failure and the owners shouldn't be in business. It's stupid to suggest that owners/shareholders should benefit from low wages! Owners/share holders should be out of business and get nothing if their business model can't support a £10 minimum wage.Are you on drugs? Where can I get one of these mythical jobs?
If you're are not on an hourly rate and your wages are not linked to minimum pay, any rises you get don't affect consumer prices, apparently