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Living Wage

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    Living Wage

    If we've not already done it (new thread 'cause the others are massive and mostly about dividends):

    Adam Smith institute & Office of Budget Responsibility on Living Wage:

    Adam Smith Institute Budget Reaction: In The News « Adam Smith Institute

    #2
    Originally posted by SpontaneousOrder View Post
    If we've not already done it (new thread 'cause the others are massive and mostly about dividends):

    Adam Smith institute & Office of Budget Responsibility on Living Wage:

    Adam Smith Institute Budget Reaction: In The News « Adam Smith Institute

    It's a reaction to the accusations that the tax payer is subsidising Tesco et al.

    My daughter is looking forward to her £4bn windfall.

    Comment


      #3
      Originally posted by mudskipper View Post
      It's a reaction to the accusations that the tax payer is subsidising Tesco et al.

      My daughter is looking forward to her £4bn windfall.
      Great news. That can help pay off some of your son's debts.
      What happens in General, stays in General.
      You know what they say about assumptions!

      Comment


        #4
        Isn't a living wage prejudiced against the undead
        Socialism is inseparably interwoven with totalitarianism and the abject worship of the state.

        No Socialist Government conducting the entire life and industry of the country could afford to allow free, sharp, or violently-worded expressions of public discontent.

        Comment


          #5
          Originally posted by MicrosoftBob View Post
          Isn't a living wage prejudiced against the undead
          Most of us already earn more than that.

          Comment


            #6
            Adam Smith Institute Budget Reaction: Mandatory Living Wage is a disaster

            Adam Smith Institute Budget Reaction: Mandatory Living Wage is a disaster « Adam Smith Institute

            Comment


              #7
              I was surprised by this hike, but think it completely justified. There are too many large and highly profitable companies relying on state (i.e. tax) top-up for their underpaid staff.

              Similarly, such companies that do not invest in the development and training of people but just wait for the state to fund it is unreasonable in my view. Yes, the state has a duty to educate the population to help our competitiveness, and individuals have a duty to invest in their own future, but companies should pay their part as well. All that has happened over the last few years is that far too many companies have exploited apprenticeship schemes as cheap temporary labour pools.
              DORMANT ACCOUNT

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                #8
                only way they can abolish tax credits.
                Always forgive your enemies; nothing annoys them so much.

                Comment


                  #9
                  Originally posted by kyber View Post
                  I was surprised by this hike, but think it completely justified. There are too many large and highly profitable companies relying on state (i.e. tax) top-up for their underpaid staff.

                  Similarly, such companies that do not invest in the development and training of people but just wait for the state to fund it is unreasonable in my view. Yes, the state has a duty to educate the population to help our competitiveness, and individuals have a duty to invest in their own future, but companies should pay their part as well. All that has happened over the last few years is that far too many companies have exploited apprenticeship schemes as cheap temporary labour pools.
                  Check the budget again - that will be continuing.

                  Comment


                    #10
                    Originally posted by kyber View Post
                    I was surprised by this hike, but think it completely justified. There are too many large and highly profitable companies relying on state (i.e. tax) top-up for their underpaid staff.

                    Similarly, such companies that do not invest in the development and training of people but just wait for the state to fund it is unreasonable in my view. Yes, the state has a duty to educate the population to help our competitiveness, and individuals have a duty to invest in their own future, but companies should pay their part as well. All that has happened over the last few years is that far too many companies have exploited apprenticeship schemes as cheap temporary labour pools.
                    Minimum wage jobs are mostly unskilled jobs, which by definition anyone can do. Investing in training is a waste of time. Perhaps the greater question is why are there so many unskilled people who can't do anything better? And that comes back to education.

                    I was against Minimum Wage, but I've changed my mind. A race to the bottom wouldn't be constructive, and although minimum wage does guarantee a certain amount of unemployment, it's probably better than the alternative. And I'm sure we all agree that giving benefits to people in work is crazy.
                    Will work inside IR35. Or for food.

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