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originally posted by: TheShippingForecast
£10 per hour is not excessive.
originally posted by: EvillerBob
Any forced income bracket is excessive. It's not just £10, it's the piles of other costs involved - a list which keeps on growing under successive government.
£10 p/h works out to an average salary of £19,500. In order to pay you that £10, the employer can easily be paying £16 p/h or more. £30k a year costs, just to give you £19.5k.
originally posted by: TheShippingForecast
£10 per hour is not excessive. Corbyn's right.
originally posted by: PaddyInf
originally posted by: TheShippingForecast
£10 per hour is not excessive. Corbyn's right.
Increasing the minimum wage removes financial incentives to train for skilled work.
A registered nurse starts at roughly £21'000 per year. For that they have to do a 3 year degree and take on significant professional responsibility. If the minimum wage was £19'500 where is the incentive for someone to do nursing? You could be a healthcare assistant on minimum wage with no qualifications or responsibility and still deliver patient care.
High minimum wages force employers to push up wages of skilled trades as incentive. This drives up consumer costs as the company needs to make a profit. The material value of currency decreases and you are back to square 1.Your £10 per hour workers are back to the same standard of living as before as the cost of living has gone up in line with wages.
originally posted by: TheShippingForecast
originally posted by: EvillerBob
Any forced income bracket is excessive. It's not just £10, it's the piles of other costs involved - a list which keeps on growing under successive government.
£10 p/h works out to an average salary of £19,500. In order to pay you that £10, the employer can easily be paying £16 p/h or more. £30k a year costs, just to give you £19.5k.
What other costs does the employer have which would increase the hourly rate to £16 ph or £30g ?
originally posted by: EnlightenedSheep
a reply to: SprocketUK
I lived independently from age 18. How about care leavers who lose support aged 18? Kicked out by social services then work hard as a litter picker. Work just as hard as the 25 yr old. Paid less for being 18. It is wrong. Jeremy Corbyn is right.
originally posted by: EvillerBob
originally posted by: McGinty
originally posted by: EvillerBob
...Minimum wage is actually £7.50. If it went to £10 then I'd be paying less people.
And that justifies paying people so little?
If it's that simple then perhaps we should introduce a maximum wage so you wouldn't have to pay fewer people.
How about we introduce a system were people can be paid at a level that reflects their value to the company.
originally posted by: EnlightenedSheep
a reply to: SprocketUK
Understood. I feel sad for the young independent people the discrimination hurts most. The care leavers. The 18 year olds kicked out of home. 18-25 is a long time. Long time to be paid less for being the wrong age.
originally posted by: McGinty
originally posted by: EvillerBob
originally posted by: McGinty
originally posted by: EvillerBob
...Minimum wage is actually £7.50. If it went to £10 then I'd be paying less people.
And that justifies paying people so little?
If it's that simple then perhaps we should introduce a maximum wage so you wouldn't have to pay fewer people.
How about we introduce a system were people can be paid at a level that reflects their value to the company.
That value would have to be decided by the company and therefore would always favour the company. In terms of wages across the board it leads to a race to the bottom, which is currently the case.
The Execs build their rates, while diminishing those of the workers on the floor.
originally posted by: SprocketUK
originally posted by: McGinty
originally posted by: EvillerBob
originally posted by: McGinty
originally posted by: EvillerBob
...Minimum wage is actually £7.50. If it went to £10 then I'd be paying less people.
And that justifies paying people so little?
If it's that simple then perhaps we should introduce a maximum wage so you wouldn't have to pay fewer people.
How about we introduce a system were people can be paid at a level that reflects their value to the company.
That value would have to be decided by the company and therefore would always favour the company. In terms of wages across the board it leads to a race to the bottom, which is currently the case.
The Execs build their rates, while diminishing those of the workers on the floor.
Maybe the pay ought to be graded as a percentage of what thst person's labour earns for the company? It kind of is, but skewed towards the really big earners at the expense of those who labour.
originally posted by: SprocketUK
originally posted by: EnlightenedSheep
a reply to: SprocketUK
Understood. I feel sad for the young independent people the discrimination hurts most. The care leavers. The 18 year olds kicked out of home. 18-25 is a long time. Long time to be paid less for being the wrong age.
That, right there is an issue all of its own.
Our care system for kids is a mess and, to be brutally honest, any party that proposed sorting thst out, really sorting it out, would be guaranteed of my vote and a hell of a lot more, besides.