Trade union and socialist coalition party
Discussion
speedyman said:
Perhaps if the big corporate customers like supermarkets did not screw down the rates they pay suppliers the problem would not exist.
Perhaps they can start growing money trees to pay for this well thought out plan.There are major issues with introducing a £10 NMW, several have been pointed out, yet people like yourself blame someone else for the business not being able to pay it.
In the end one of two things will happen... The business goes under, or we pay the wages of the staff in massive price hikes.
No one ever thinks of that, but they will be the first to complain when the price of stuff doubles, blaming the business for being money grabbing bastids, when in fact its the NMW hike that does it.
Du1point8 said:
speedyman said:
Perhaps if the big corporate customers like supermarkets did not screw down the rates they pay suppliers the problem would not exist.
Perhaps they can start growing money trees to pay for this well thought out plan.There are major issues with introducing a £10 NMW, several have been pointed out, yet people like yourself blame someone else for the business not being able to pay it.
In the end one of two things will happen... The business goes under, or we pay the wages of the staff in massive price hikes.
No one ever thinks of that, but they will be the first to complain when the price of stuff doubles, blaming the business for being money grabbing bastids, when in fact its the NMW hike that does it.
Du1point8 said:
No one ever thinks of that, but they will be the first to complain when the price of stuff doubles, blaming the business for being money grabbing bastids, when in fact its the NMW hike that does it.
A cheeseburger costs 99p and they pay the guy that serves it £6.50/hour. Can you explain the maths to me as to how that cheeseburger becomes £1.98 by paying him £10. Taking into account that by paying him £10/hour and actually making him feel as if he is valued might mean he might sell a few extra cokes and apple pies with the cheeseburger.If you actually want to double prices, then scrap road tax and add the cost onto fuel prices. That's a common mantra on PH and that really would double shop prices, given that an artic fills up with 1200 litres at a time!
http://foodresearch.org.uk/wp-content/uploads/2014...
"There is data available for farm produce but not for processed foods. The
Competition Commission (25) shows that for dessert apples, pears and strawberries,
growers take a share of just over 25% of the retail price, down from 35% in 1996.
For milk, in 2006 the price per litre is split between producer, processor and retailer
on a basis of 35%: 33%: 30%. Here the farmer fares better."
I don't know what % of the 25% is labour costs, but if we say 50%, and a rise of ~ 50% in NMW, then that still wouldn't get the soft fruit producer back to 1996 position of 35% of Retail.
"There is data available for farm produce but not for processed foods. The
Competition Commission (25) shows that for dessert apples, pears and strawberries,
growers take a share of just over 25% of the retail price, down from 35% in 1996.
For milk, in 2006 the price per litre is split between producer, processor and retailer
on a basis of 35%: 33%: 30%. Here the farmer fares better."
I don't know what % of the 25% is labour costs, but if we say 50%, and a rise of ~ 50% in NMW, then that still wouldn't get the soft fruit producer back to 1996 position of 35% of Retail.
Du1point8 said:
In the end one of two things will happen... The business goes under, or we pay the wages of the staff in massive price hikes.
No one ever thinks of that, but they will be the first to complain when the price of stuff doubles, blaming the business for being money grabbing bastids, when in fact its the NMW hike that does it.
Do we not already pay for the tax credits and benefits needed to raise income to a living wage?No one ever thinks of that, but they will be the first to complain when the price of stuff doubles, blaming the business for being money grabbing bastids, when in fact its the NMW hike that does it.
BGARK said:
So the best solution for business owners is actually to invest in automation and technology to replace low skilled workers?
only works so far ... or perhaps repeated failed migrations of more complex products from a hand pick environment to a fully automated one is just an illusion for one high st retailer ...
sidicks said:
wolves_wanderer said:
Do we not already pay for the tax credits and benefits needed to raise income to a living wage?
If the government didn't feel the need to tax the minimum wage, maybe it would actually be a living wage....!speedyman said:
Farmers have been screwed down on price, sometimes to below what it costs to produce. So whos at fault here. The farmer for paying current nmw or the supermarkets for using their buying power to dictate prices. You really dont get it do you.
...or the customers who want to buy the lowest cost food, switching to low cost supermarkets in their droves. You really don't get it do you? richie99 said:
...or the customers who want to buy the lowest cost food, switching to low cost supermarkets in their droves. You really don't get it do you?
I buy 2 litres of milk for a pound because I can. If it was £2, I wouldn't use less milk. Consumers aren't demanding cheap milk, it's been thrown at them. TwigtheWonderkid said:
A worker on current NMW doing a standard 37.5hrs/week takes home £975 after tax and NI. Without any tax or NI deductions, they would take home £1056. Figures are approx. But on that level of income, £81 a month in deductions is a huge amount.
£46 of that deduction (the NI element) is effectively going into 'savings' to provide an income after retirement.sidicks said:
wolves_wanderer said:
Do we not already pay for the tax credits and benefits needed to raise income to a living wage?
If the government didn't feel the need to tax the minimum wage, maybe it would actually be a living wage....!TwigtheWonderkid said:
I buy 2 litres of milk for a pound because I can. If it was £2, I wouldn't use less milk. Consumers aren't demanding cheap milk, it's been thrown at them.
Wow, I hope you're not running a supermarket, or even a lemonade stand. "Sure, stick 10p on the price of the milk. Won't affect sales at all, because the customers couldn't care less. I know this, because everybody else is exactly like me."thinkofaname said:
TwigtheWonderkid said:
I buy 2 litres of milk for a pound because I can. If it was £2, I wouldn't use less milk. Consumers aren't demanding cheap milk, it's been thrown at them.
Wow, I hope you're not running a supermarket, or even a lemonade stand. "Sure, stick 10p on the price of the milk. Won't affect sales at all, because the customers couldn't care less. I know this, because everybody else is exactly like me."Du1point8 said:
thinkofaname said:
TwigtheWonderkid said:
I buy 2 litres of milk for a pound because I can. If it was £2, I wouldn't use less milk. Consumers aren't demanding cheap milk, it's been thrown at them.
Wow, I hope you're not running a supermarket, or even a lemonade stand. "Sure, stick 10p on the price of the milk. Won't affect sales at all, because the customers couldn't care less. I know this, because everybody else is exactly like me."Edited by wolves_wanderer on Tuesday 21st April 16:24
Du1point8 said:
Perhaps they can start growing money trees to pay for this well thought out plan.
Its OK we can just pick the notes from the same tree you pay £23bn a year in working tax credits from.Du1point8 said:
There are major issues with introducing a £10 NMW, several have been pointed out,
UnconvincinglyDu1point8 said:
No one ever thinks of that, but they will be the first to complain when the price of stuff doubles...
Really? The entire cost of your amazon order is the wages of the guy in the warehouse boxing up your order and he can only box up one thing an hour? You might want to have a think about how the costs of the goods and services you buy break down. If you need to pay your 'barista' an extra 30% you don't have to put each coffee up 30%, you can spread the cost across all the coffees he makes. I can see how that would be confusing. Gassing Station | News, Politics & Economics | Top of Page | What's New | My Stuff