Living Wage 2020... is it right?

Diagro

Diagro

Diagro

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Joined
3 Jun 2012
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So... The living wage for people over 25 is to be £9 by 2020.

And Public sector Pay rises are capped at 1%.

I'm not very pleased about this, i feel it will devalue my wage.

For example at the moment I get paid £11.20 Per hour

the Gap between My wage and the current Minimum is £4.70, I believe that the extra pay per hour is based on my skills and the job that I do over a poo job that pays £6.50.

If they raise these to £9 then that gap is £2.20... A MUCH smaller gap.

Imo my wage should then increase to keep this gap, otherwise whats the bloody point in getting skills to get paid a higher amount for that amount to be worth less.

I'm worried that if Many are then on £9 per hour the prices of food, and other required commodities will also rise, its going to happen we all know it.
And when that does happen, My wage will still be the same and things will cost me more.



Is anyone else worried about this?
 
Yes, yes I am, it only seems to be getting ever more expensive.

I have only been working just shy of 2 and a half years, but have seen raises etc... and the cost of living isn't getting any cheaper at all.
 
Well, the living wage is still £6.50 for those under 25s which is a significant group of workers and which is a big gap so if required commodities start keeping up with £9 there will be even bigger issues than the fact your wage is closer to the £9.
 
I honestly won't believe this will happen until I see it, seems a bit and in 2030 we will travel around in blimps...

If they do raise minimum wage to this all that will happen is the cost of living will go up to match. Companies will always protect their profits.

The really need to bring in some form of industry preferably manufacturing that can raise the average salary instead of everyone working in the services sector.
 
Get your facts correct before you moan, current minimum wage for anybody over 21 is £6.50, if you expect it to remain unchanged for five years you are in cloud cuckoo land. If you are still on £11.20 in five years you need to move on.
 
asteldian said:
Well, the living wage is still £6.50 for those under 25s which is a significant group of workers and which is a big gap so if required commodities start keeping up with £9 there will be even bigger issues than the fact your wage is closer to the £9.
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Everyone's taking about the under 25's thing as a bad thing the way I see it it'll encorage businesses to hire on younger people the issue I've seen when applying for Jobs recently is that despite having a degree after coming straight out of uni it's hard to get a Job without actual work experience in the job you're applying for hence a lot of younger degree holders are passed up in favor of those with experience with them now being a cheaper workforce surely it'll push youth unemployment down.
 
Dano said:
Get your facts correct before you moan, current minimum wage for anybody over 21 is £6.50, if you expect it to remain unchanged for five years you are in cloud cuckoo land. If you are still on £11.20 in five years you need to move on.
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Well if he is in the public sector then he knows he will only be getting a 1% rise / year for the next 4 years.

The NMW is changing to £6.70 in October anyway, so I guess that will continue to rise to 2020, but will only be applicable to 21-24 y/o's


Hades said:
Isn't this the new Living Wage, not the Minimum Wage?
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For over 25's it's compulsory, so it is effective the National Minimum Wage for over 25's - just called the 'Living Wage' - which is confusing as we have the theoretical living wage figure of £7.85 already.
 
I don't think pay in general is particularly 'fare'.. I think you've just got to accept it, realise how the system works and try to get what you can out of it.

Being tall, being male, being attractive... these can all significantly influence how much you earn. Your personality, whether it directly impacts your work or not, will have an influence. There are also rather random factors such as whether the person in the job above yours is likely to leave soon or stays there for several years.

If you're in the public sector then presumably the only significant thing you can do is to try and get promoted and move up a grade. In the private sector being seen to be productive (this is more important than actually being productive - though both are required), being aggressive in pay negotiations and being prepared and able to move to a new company will tend to have a positive effect.
 
Firestar_3x said:
How old are you and what do you do to get £11,20 ph?
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IIRC from previous posts he does IT support in a school/college?

For which £11.20 sounds about right, and as someone else has posted will be stuck with a 1% rise for the next 4 years.

Sure, he could leave and get another job, but if everyone were to do that then how would our children be educated?
 
Freakbro said:
For over 25's it's compulsory, so it is effective the National Minimum Wage for over 25's - just called the 'Living Wage' - which is confusing as we have the theoretical living wage figure of £7.85 already.
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AFAIK Living wage is is something a company volunteers to offer. I am all for the introduction of a higher living wage but with the increase in cost of living that will shortly follow, i am sure we wont feel the benefit. It might even be a bit too much to make employers want to adhere to the new living wage, as living wage is optional.
 
Haggisman said:
IIRC from previous posts he does IT support in a school/college?

For which £11.20 sounds about right, and as someone else has posted will be stuck with a 1% rise for the next 4 years.
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If the job role is true, then it sounds like yet another case of a public sector worker overvaluing themselves, which is the point i wanted to get to.

I bet many of these public sector workers on similar wages need a reality check.
 
Could this not cause a surge of unemployment? For those companies who only pay minimum wage, and maybe they do so because of financial difficulties. Once they start having to up the wage, it means more of a loss on the company, so wouldn't these companies try and reduce the payload to avoid damaging the business?
 
Freakbro said:
And you apply that to all public sector workers?

Who's going to do those jobs then....it is a very valid concern he is expressing.
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Not everybody will be unhappy with it :rolleyes:

There are enough people seeking work that I think the gaps will be filled...
 
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