If we didn’t have a minimum wage
Discussion
Aren’t there currently more jobs than there are workers ?
Take out the residual unemployable and we are at full employment
Supply v demand
Any employer trying to attract workers in the current climate would struggle at £5 ph imo
Go back to 1982 and people were walking the streets looking for work, any work
Go on, giz a job
Edit 900k job vacancies and 1.2m unemployed plus more IN work than ever before
Take out the residual unemployable and we are at full employment
Supply v demand
Any employer trying to attract workers in the current climate would struggle at £5 ph imo
Go back to 1982 and people were walking the streets looking for work, any work
Go on, giz a job
Edit 900k job vacancies and 1.2m unemployed plus more IN work than ever before
Edited by Earthdweller on Monday 6th January 18:51
Penelope Stopit said:
Yep, 190 pounds a week less deductions, criminal
Sorry but its not - I've inherited employees that weren't even worth that.The minimum wage just distorts the labour market, on the provision that free movement of labour is abolished, there shouldn't be a minimum wage - everybody will ultimately - through moving jobs or otherwise - end up with a fair wage. Problem is you'd end up with the lazy/dis-incentivised that don't want to change jobs/companies complaining.....like they have with insurance
Earthdweller said:
Aren’t there currently more jobs than there are workers ?
Take out the residual unemployable and we are at full employment
Supply v demand
Any employer trying to attract workers in the current climate would struggle at £5 ph imo
Go back to 1982 and people were walking the streets looking for work, any work
Go on, giz a job
Edit 900k job vacancies and 1.2m unemployed plus more IN work than ever before
The challenge of course is whether those who are unemployed have the skills to fill the jobs which are vacant.Take out the residual unemployable and we are at full employment
Supply v demand
Any employer trying to attract workers in the current climate would struggle at £5 ph imo
Go back to 1982 and people were walking the streets looking for work, any work
Go on, giz a job
Edit 900k job vacancies and 1.2m unemployed plus more IN work than ever before
Edited by Earthdweller on Monday 6th January 18:51
The fact that the UK's median wage has stayed stubbornly below its 2008 level suggests jobs are being added at the bottom end of the pay scale.
V8covin said:
Something like 9 million people are self employed.
Some of them will be on less than minimum wage
True, although many of them prefer the freedom to money.Some of them will be on less than minimum wage
If I could be sure of making £200 a week actual cash in my bank income as a self employed van driver (I can't). I'd quit my current job in a heartbeat even though I'd be worse off than working for an employer for my current wage which isn't much more than the NMW.
Certain areas in the country awash with immigrants most jobs are minimum wage, I come from Lincolnshire and would love to go back up there, but most jobs in my field are minimum wage.
Put a search on Indeed for my skills and 90% of jobs would be that, unless you have to work nights then you might get 10ph.
It is the only way companies can survive I guess, and if you are living 10 to a flat, that money makes you richer than most who earn twice that, converted into Romanian currency, so I don't see it changing much.
Put a search on Indeed for my skills and 90% of jobs would be that, unless you have to work nights then you might get 10ph.
It is the only way companies can survive I guess, and if you are living 10 to a flat, that money makes you richer than most who earn twice that, converted into Romanian currency, so I don't see it changing much.
Comstock said:
V8covin said:
Something like 9 million people are self employed.
Some of them will be on less than minimum wage
True, although many of them prefer the freedom to money.Some of them will be on less than minimum wage
If I could be sure of making £200 a week actual cash in my bank income as a self employed van driver (I can't). I'd quit my current job in a heartbeat even though I'd be worse off than working for an employer for my current wage which isn't much more than the NMW.
https://www.indeed.co.uk/Self-Employed-Van-Driver-...
Alex said:
The real minimum wage is £zero. If the actual minimum wage is too high, then the young, inexperienced, and low-skilled will not be worth hiring.
Only if your business is unsustainable and requires a government subsidy to survive. In which case your business model is wrong. The public should not be subsidising business in the form of wage top ups.
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