Living Wage - be careful what you wish for!

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“This could not have occurred without the support of our shareholders, who will subsidise the cost of doing this in the short term until the cost is self-financing through the better quality of work we think paying people properly will engender.”

I take it the tosser that said that will be cutting his wages to 8.80 an hour then, if thats what it takes to pay people properly so they work better.
 
I never said there was guarantees with shares but the expectation is you will get a return.
I agree that an affordable work force is crucial but so is investment.

If you don't have shareholders where do you get investment from to grow a business and give staff some sort of security?

As for liveable wages, when you sign a contract for a job do you think to yourself I'll take it but I can't afford to live on the wages I'm agreeing to so I'll take them to court in a few months?

Investment is a bad argument to rely on, as it could and should be argued that once someone has invested they expect to be paid back.
Usually it wont take that long for an investor to be paid back, once the company is profitable they often grow.
Once an investor has had his original investment paid back they then should expect some profit.
But to expect way more than the very person doing the work that keeps the currently profitable company going? No. thats wrong.
At this point the investor is no longer needed, they have also been repaid in full and made a profit out of it.
The workers on the other hand are needed, and should be looked after.
The investor at this point, taking a lions share, is just a leech.

I don't see how it's possible. If someone has a few kids and the wife stays home to watch the kids, what sort of "living wage" would the working dad need to ensure benefit top ups were not required? Now imagine giving everyone that!! Sit back and watch inflation wipe away any gain.

That argument was pulled to try to stop the national minimum wage, people said all hell would break loose, inflation would go through the roof, other workers wages would have to rise, everyone would go bankrupt, zombies would eat your grandmother etc.

Didnt happen though.

Game and Hmv became slow victims of a change in how we bought that product ie online business they didnt struggle because other shops were better.
I take it your 1st paragraph is an example of a bad business because no right minded manager at any level would combat new competition with a worse customer experience?Most middle and top management live in a culture of do well or you're on your way with nothing thought of replacing you at any point.So looking after number 1 and letting the business suffer will come back around very quickly

you would be suprised....

I thought some did?
correct.

you get my point though, irrelevant of industry it's ALWAYS a race to the bottom.

That is capatalism.
A race to the bottom for everyone apart from the one ultimate winner.
At this rate it will probably be walmart or someone.
 
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I don't think anyone working should have benefit top ups.

Do you think they should be paid properly?
Or do you think they should just struggle?

Cinemas not my business but trying to run big sites with all it entails cost wise will never compete with Netflix on a ££ only basis ever,surely?As you say you have to look at it as a different experience entirely and sell its strengths.I'm not a regular but when i go with my son and spend say £20 on the whole visit the value for money doesn't enter my head.If someone was rude and i had a bad experience it would nark me but again the ££ has nothing to do with it.The whole home experience is challenging pubs,restaurants,cinemas etc and i don't think it' managers in those sectors fault that its happened

Cinemas could compete, they just need drop teh prices of sweets etc and drop ticket prices.
Its way to expensive to go to the cinema often these days unless you are in a reasonably cushy job or have a working partner.
They overcharge, which hurts their income imo.

OK, so you're prime minister, you abolish all in work benefits. How would you ensure the lowest paid working families aren't much worse off? It's not really possible, that's why it's never been done by any government since in work benefits were introduced.

I'm not talking the "can't be arsed", I'm taking families where someone is working.

force companies to pay a liveable wage, ie up min wage.
All the arguments you can use against it have been done to death and proven wrong - as they have been used before to try to stop min wage in the first place.

it isn't capitalism, it's human nature.

Its not everyones human nature, just c unts.
 
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you want to think that but it's just not true.

No its a fact.
Although the majority of the world would agree with you, not everyone puts themselves above everything else. We are not all tories/labour/greedy.
 
No its a fact.
Although the majority of the world would agree with you, not everyone puts themselves above everything else. We are not all tories/labour/greedy.
humans are. there are individuals of course who are not but as a species I think we are. forget political views and look at history.
 
humans are. there are individuals of course who are not but as a species I think we are. forget political views and look at history.

Ah yes, as a species humans in general are like that, your right in that way.
But not all humans are human so to speak, you get the odd outcasts that give a damn about others.
They tend to get crucified one way or another though...
 
Ah yes, as a species humans in general are like that, your right in that way.
But not all humans are human so to speak, you get the odd outcasts that give a damn about others.
They tend to get crucified one way or another though...
right so it's not the game it's the players in this instance. humans will always piss on someone else for a quid.
 
right so it's not the game it's the players in this instance. humans will always piss on someone else for a quid.

All humans will probably piss on someone else often without realising it.
By typing this on a laptop I have probably paid money to a company that purchased parts made at foxconn where people get paid a pittance and netts are installed to try to stop suicides....
But capatalism is designed to piss on people.
Its very concept - the best win, means everyone HAS to piss on everyone.
Its a flawed concept that will always ensure no one wins long term.
 
No its a fact.
Although the majority of the world would agree with you, not everyone puts themselves above everything else. We are not all tories/labour/greedy.

Hmmm you sound like one of those lads who would thrive in Soviet Union land.

State does everything, dominant colour grey, you don't mind being miserable because everyone else is equally miserable.
The fact that people want to better themselves, get qualifications,increase their job options ,take initiatives,is not a crime, mate.
Looks like a fair few aficionados of these august pages have some difficulty with that concept.
 
That argument was pulled to try to stop the national minimum wage, people said all hell would break loose, inflation would go through the roof, other workers wages would have to rise, everyone would go bankrupt, zombies would eat your grandmother etc.

Didnt happen though.

This argument (the one I'm using) was never used for the national minimum wage. NMW was always going to be well below £5, I know people played out Armageddon situations and I laughed at them at the time. What I'm talking about though, is introducing a meaningful living wage is impossible if it's supposed to negate the need for in work benefits. In my example, someone already earning £16 per hour would be over £500 per month worse if the living wage was set at £16 per hour and in work benefits were removed as a result.
 
Hmmm you sound like one of those lads who would thrive in Soviet Union land.

State does everything, dominant colour grey, you don't mind being miserable because everyone else is equally miserable.
The fact that people want to better themselves, get qualifications,increase their job options ,take initiatives,is not a crime, mate.
Looks like a fair few aficionados of these august pages have some difficulty with that concept.

Your thinking of that dreamland capatalism, where thats actually true for everyone.
In the real world, you might just find that some people destroy other people - why - because they actually did what you said and end up a threat to others.
Those others dont like being put at risk so do all they can to fuck other peoples lives up.
On top of that you have the fact the system is rigged, and the rich tend to get better education to start with.
On top of that yo get the fact that those who take initiatives tend to get their ideas stolen by people with more money or power.
On top of that you will find that many people find it acceptable to lie about qualifications to get jobs.
etc.

This argument (the one I'm using) was never used for the national minimum wage. NMW was always going to be well below £5, I know people played out Armageddon situations and I laughed at them at the time. What I'm talking about though, is introducing a meaningful living wage is impossible if it's supposed to negate the need for in work benefits. In my example, someone already earning £16 per hour would be over £500 per month worse if the living wage was set at £16 per hour and in work benefits were removed as a result.

Out of interest, why would someone need benefits if they are getting 16 pounds per hour?
 
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