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Minimum Wage


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1 hour ago, Ramseyboi said:

Or less.

Plenty of business owners paying their staff minimum wage and paying themselves absolutely nothing  or even paying out on credit cards etc to keep their staff employed 

In which case, and I don’t want to sound hard hearted, from the circumstances you have described it seems these businesses you allude to are not viable.

The business owners would be best calling it a day before getting themselves into more debt, and hopefully their employees will find alternative employment paying more than the minimum wage, given the job market at the moment.

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5 minutes ago, The Voice of Reason said:

In which case, and I don’t want to sound hard hearted, from the circumstances you have described it seems these businesses you allude to are not viable.

The business owners would be best calling it a day before getting themselves into more debt, and hopefully their employees will find alternative employment paying more than the minimum wage, given the job market at the moment.

That’s exactly the reason I lost my job during lockdown. The owner of the establishment where I worked  had enough time to work out that the whole thing wasn’t viable. They went on to create another, more profitable business and I created two for myself. It was a win-win situation for us both but it took the ‘reset’ of lockdown for us both to recognise it. 

Edited by Roxanne
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14 hours ago, Annoymouse said:

Any minimum wage worker would be absolutely stupid to stay here given our increased cost of living, even more so with the gas price hike.

Stupid, or is it simply a case of not having the funds to relocate? It's extremely difficult to save any money on a minimum wage. It's called the poverty trap for a reason.  

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1 hour ago, Zarley said:

Stupid, or is it simply a case of not having the funds to relocate? It's extremely difficult to save any money on a minimum wage. It's called the poverty trap for a reason.  

Depends on the reasons people feel trapped, every individual case is different but for those who have the option it would seem daft not too,  a £1 an hour pay rise is huge, especially when lots of minimum wage workers absolutely hammer the overtime trying to earn a decent wage. When I was last on minimum wage I was doing between 50-60 hours a week, so potentially £200 a month extra, I’d be moving to somewhere with cheaper rent and actually living rather than existing.

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UK pay increases risk further fuelling inflation. Inflation will result in interest rates increases. A vicious circle.

Those on the lowest pay deserve a better deal. The danger is that everyone else asks for more too. That would result in the lowest paid being no better off - and all of us rapidly being worse off.

Obviously the best thing for the economy would be to re join the Single Market ASAP.

Edited by pongo
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11 minutes ago, pongo said:

UK pay increases risk further fuelling inflation. Inflation will result in interest rates increases. A vicious circle.

Those on the lowest pay deserve a better deal. The danger is that everyone else asks for more too. That would result in the lowest paid being no better off - and all of us rapidly being worse off.

Obviously the best thing for the economy would be to re join the Single Market ASAP.

Uk minimum wage increase has been paid for by removing the £20 a week temporary uplift in benefits due to Covid. After taxes and ni the take home pay will be virtually unchanged. 

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My daughter has just started uni in the Uk , she’s been looking for a part time job as she only has 3 days of lessons a week, some of the job adverts I saw advertised paid as low as £4.23 an hour, some of them said £9 an hour but more if you take no payment for the job until January 

Edited by gillf
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The point about low pay is that it's relative. If everyone else ends up expecting more too then the lowest paid typically end up worse off.

A better solution would be for everyone except those on low pay to take a cut. But not a vote winner.

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As opposed to now where, for many, it makes no sense to work. 

Dignity is all very well, unless you want an affordable roof over your head.

It’s a mess  

I watched an excellent documentary at the weekend - Hoxton Street - in London, where the gentrification has seen high rise flats costing 1.5 million alongside social housing where one council flat has been split into three  one chap had a tiny room with a shower and toilet in the cupboard, costing the state £270 a week  As he said, on minimum wage, there’s no chance that he could afford to work and pay his rent and service bills  Even with his rent paid, without the three times weekly soup kitchens, he and thousands of others, would starve.

  

 

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5 hours ago, gillf said:

My daughter has just started uni in the Uk , she’s been looking for a part time job as she only has 3 days of lessons a week, some of the job adverts I saw advertised paid as low as £4.23 an hour, some of them said £9 an hour but more if you take no payment for the job until January 

The UK minimum wage is made up of different age groups, and I’m assuming that your daughter is 18 so could be in the youth minimum wage group. The rate here is higher up to the age of 23. 

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3 hours ago, Roxanne said:

As opposed to now where, for many, it makes no sense to work. 

Dignity is all very well, unless you want an affordable roof over your head.

It’s a mess  

I watched an excellent documentary at the weekend - Hoxton Street - in London, where the gentrification has seen high rise flats costing 1.5 million alongside social housing where one council flat has been split into three  one chap had a tiny room with a shower and toilet in the cupboard, costing the state £270 a week  As he said, on minimum wage, there’s no chance that he could afford to work and pay his rent and service bills  Even with his rent paid, without the three times weekly soup kitchens, he and thousands of others, would starve.

  

 

The deal is every new development has to have a 20% (IIRC) of affordable housing. I worked on a project with 48 x 1 million pound  4-bed apartments that removated 12 x 1 or 2 bedroom flats the next street over. Thereby meeting the 20%. It sure wasn't by floor area.

I didn't hurt that they leased to ground floor out to the local authority for a new library. This was in London 25 years ago.

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