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 Living wage wont work..

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Living wage wont work.. Empty
PostSubject: Living wage wont work..   Living wage wont work.. EmptySat Aug 29, 2015 9:50 am

According to ex Siansburys boss.
http://www.bbc.co.uk/news/business-34090038

Who incidentally was awarded £900,000 pa plus bonuses. Lol.
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Living wage wont work.. Empty
PostSubject: Re: Living wage wont work..   Living wage wont work.. EmptySat Aug 29, 2015 9:55 am

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Living wage wont work.. Empty
PostSubject: Re: Living wage wont work..   Living wage wont work.. EmptySat Aug 29, 2015 9:59 am

All of these mega businesses, KFC, Mccy D, Tescos all make multi million pound profits on the back of a workforce who exist on payday loans and working families tax credit topped up by the rest of the tax payers in Britain because they simply don't pay enough to live on.
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Dick Trickle



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Living wage wont work.. Empty
PostSubject: Re: Living wage wont work..   Living wage wont work.. EmptySat Aug 29, 2015 9:59 am

Prick.

His company's profits have been subsidised by the tax payer for years. We are a mega rich country...how can it be right that people working 40 hours a week have to have their wages topped up by the state? It is immoral.

The clue living wage is in the title. I would love to ask his wife what she would consider their living wage to be!

I heard an interview with a minister in the Bhutan Government this week. They measure their performance in Gross National Happiness. He said that maybe they can do this because they don't have the pressure of being a large trading nation however he said that on his flight into London there was a plea for £1 which would go towards feeding a child in the UK.

He replied that no child goes without food in Bhutan.
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PostSubject: Re: Living wage wont work..   Living wage wont work.. EmptySat Aug 29, 2015 10:13 am

Funny that the only people I hear arguing against the minimum wage generally earn £40k plus ( I know there are exceptions but on the whole it's true) they cite that the minimum wage will put up prices for them. Maybe it will but then less taxes would be paid o the big firms. I haven't met one person who could argue their point at all when cornered, yet again evidence of couldn't give a feckness.
The whole business model is skewed in favour of capital and has been for a long while, now before I get the commie smears I do realise that capital and labour both need enough dosh to work but the CBI made a statement recently saying that British business is way undercapitalised because they now pay dividends to the tune of 60-70% of profits, it used to be about 10% and the CBI warned that these companies do not leave themselves enough cash for a reserve in a recession or any kind of growth and development. Now shorely with dividend payments being raised like 600% there is enough cash there to give the people that actually earn those dividends enough cash to live on?
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PostSubject: Re: Living wage wont work..   Living wage wont work.. EmptySat Aug 29, 2015 10:15 am

"Rich man moans at how much the poor are getting paid" shock Very Happy
Not much new there then. Guess Sainsburys will just have to employ a lot of under 25s instead.

The living wage thing, while welcome in the obvious sense, showed just how out manouevred and scared the Blairite Labour party had become. They should be ashamed of themselves. The Tories, the party who always said a minimum wage would cause doom and catatrophe  Very Happy are now belated converts to plain old common sense at last. Of course the tories haven't really changed, as it won't actually make 95% of poor workers better off, because working tax credits will be reduced in concert., and of course this is the real reason Duncan Smith was so obviously delighted at George's clever politicking. And yes, it is a total scandal that big corporations like Sainsburys have been subsidised by the tax payer for so long, but then, politics and playing fields change.

Of course, Sainsburys could just employ a bunch of under 25s and avoid paying the "living wage", and I'm sure even more loopholes will be found around the headline policy.  Corbyn, by the way, wants to change the present rules and treat u25s the same as all other adults, and why not. That is the very time people need money when they are starting out having families etc.
The likes of Aldi and Lidl have quite a different and superior wage regime to these old profiteering supermarkets. Their days are numbered. Their greed encouraging capitalist model has seen them with 2000 types of baked beans we just don't need. No wonder they're on the back foot.
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pepsipete

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Living wage wont work.. Empty
PostSubject: Re: Living wage wont work..   Living wage wont work.. EmptySat Aug 29, 2015 10:22 am

Remember how the Tories and business decried the minimum wage, now they embrace it.
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PostSubject: Re: Living wage wont work..   Living wage wont work.. EmptySat Aug 29, 2015 10:28 am

It's true about the youngsters needing the money and not just to piss up the wall, my youngest is just entering the job market and as we live in the middle of nowhere there are feck all jobs other than fiercely competed for minimum wage jobs in the supermarket. If he want to go further afield to work he will still likely get paid about £5hr but would get feck all help with somewhere to live as they have removed rent allowance (wtf they call it now) for the under 25s. We have returned to the place where if you have wealthy parents nothing is a problem, without that support you are likely to get trapped in the minimum wage hole, not only is it unfair on the kids concerned its a massive talent drain. Luckily for him he's impressed a company who have offered him £8.88hr when they only need to pay about £5.15, for him to start training, good on them for that, but all the same way too rare.
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PostSubject: Re: Living wage wont work..   Living wage wont work.. EmptySat Aug 29, 2015 10:36 am

Interesting expose the other day on what is now becoming the latest American business model, although it has been around in a small way for many years. Businesses without bosses and middle management. No more inefficient  'erbert line managers like Newell, wasting their one and only lives away charging up and down motorways to no good purpose. The workers sort it all out among themselves, they even negotiate their own wage differentials and hire/sack eachother, very similar to the old fashioned co-operative, but even more so.  Yet another left wing left field idea that out competes the old tired abusive mill owner model. Particularly In the food industries over the pond, not everything is bad over there, these models are putting the old boys out of business. It's gaining traction. Their wage levels are far higher of course than that of the old boys, but they are more profitable.
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Tgwu

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Living wage wont work.. Empty
PostSubject: Re: Living wage wont work..   Living wage wont work.. EmptySat Aug 29, 2015 11:55 am

Nothing to add, agree with most post, zero hours is another pain, but some people like them.
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