Living Wage 2020... is it right?

Haggisman said:
It means there's no longer any incentive to spend time and money on qualifications & training which will never pay for themselves
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The change of the NLW isn't going to change things. Those still doing lower paid jobs will mostly stay doing the lower paid jobs. Then whoever feels like they would like more from life, will do what they can to secure a better position with better pay.

Just like things are now.
 
The Dread Pirate said:
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.
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you think somone with a degree wouldnt be abpplying for a sub 10 an hour job
 
So much butt hurt in this thread.

Think your being underpaid? Get a new job.
Can't get a new job? Brush up on your skills / interview technique.
Worried people who are going in at the new living wage in 5 years time are too close to your earnings? Should have tried harder at school.
Struggling to find an actual job? should have tried harder at School/ College/ University.
Moaning private sector gets more? Join private sector.
Moaning public sector gets more? Join public sector.

Moaning about it on a forum isn't going to do much. :rolleyes:
 
Anyone moaning about this has obviously never had to deal with how hard it is to be on minimum wage.... I suggest you pack it all in and go on the dole if it's gonna be so hard to still be earning more but not grateful for it I know many, many people who'd love to be on your wage op. stop crying.

Doesn't matter anyway, wages go up but so does everything else so back where we were.
 
Haggisman said:
You mean like people in the op who work in the public sector?
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The OP is complaining that many current 'minimum wage' workers will be on £9/hr by 2020 while he is 'only on £11.20'. Problem is, that's not a like-for-like comparison. The OP will get 1% YoY pay increases, taking him to £12.37 in the same time period. The gap is going to close between the OP and minimum wage workers, but he is overstating the extent by over £1/hr.

Telecaster said:
As expected:

"George Osborne’s new “living wage” will fail to compensate low-income workers for the £12bn cuts in the welfare budget, some of which will leave tax credit claimants up to £1,000 a year worse off, according to the Institute for Fiscal Studies."

Give with one, take with the other.
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As an average, sure. But this will affect everyone differently, largely depending on whether or not you claim tax credits, and the magnitude of those claims. My girlfriend will be getting something like a £100/month pay increase, for example. We get no support from the government, so we won't lose anything. Others who are more reliant on the state, who maybe work fewer hours, stand to lose out - it will be those people whose incomes are cut.
 
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dowie said:
and after 5 years then surely he'll have moved up a grade/earned a promotion too
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Or maybe moved into a skilled job. Not that IT isn't skilled, but it's not what it was 20 years ago, or what it was thought to be 20 years ago. Computer skills is a common skill set these days, it's not even worth putting on a CV to fluff it up.
 
Define a living wage? What is a living wage is more of a relevant question.

Its all down to perspective and lifestyle.

Example.

Single person with no car, living in flat on £9 per hour working 40 hours a week = £360 - tax and Ni at around 22% then around £290 take home. Rent £90, food £50 bills £50= £100 left to live on for a week for clothing and graphics cards etc? :p

A couple working both on £9 an hour and have 2 children? Go figure ! :rolleyes:

Most people I know and they not skilled are on £80-£125 per day NOW!. :eek:

Carrot donkey stick for votes.;)
 
I find it so pointless. Increase in wage, increase in costs, increase in prices. The wage increase eventually just gets passed back onto the consumer. It doesn't actually change anything.
 
esoteric said:
Or maybe moved into a skilled job. Not that IT isn't skilled, but it's not what it was 20 years ago, or what it was thought to be 20 years ago. Computer skills is a common skill set these days, it's not even worth putting on a CV to fluff it up.
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That's not quite true. A large part of the IT sector is at least as skilled as it was 20 years ago, there's just been a lot of low-skilled positions added as things became more affordable and accessible (and sort of indispensable).

The vast majority of jobs require some sort of computer literacy, but that doesn't mean all jobs are IT jobs.
 
Remember that cost of living goes up over 5 years a hell of a lot, remember how much fuel has risen? Think about how much food costs. I'm not sure and don't really give a **** but the government always screws over hard workers imo, and looks after lazy people.
 
Everything goes up in price to keep the ratio

When have you ever known anything to go down in price ?

A few pennies fluctuation doesn't count.

Crikey, I'm 54 and can clearly remember when a GALLON of petrol only cost 56 pence !

I was only earning £18 a week before N.I back then though !

We used to look with envy at the girls in the warehouse over the way working at Lesney Matchbox earning £34 a week !
 
There was a bloke on the radio this morning who works up north as a lorry driver for a small firm who is currently on £7.50 p/h. He said there are a couple of lads who work in their waste disposal yard who sort through waste all day and don't have the licence and responsibility he does.

Next year they'll get a significant pay rise meaning he'll be on just 30p p/h more than them and rightfully asked what was the point in doing the training to drive the lorries and take on those extra duties now.
 
pepsilol said:
I find it so pointless. Increase in wage, increase in costs, increase in prices. The wage increase eventually just gets passed back onto the consumer. It doesn't actually change anything.
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But all that 'increase' can be fiddled into some nice charts that say the economy is in a growth state
 
estebanrey said:
There was a bloke on the radio this morning who works up north as a lorry driver for a small firm who is currently on £7.50 p/h. He said there are a couple of lads who work in their waste disposal yard who sort through waste all day and don't have the licence and responsibility he does.

Next year they'll get a significant pay rise meaning he'll be on just 30p p/h more than them and rightfully asked what was the point in doing the training to drive the lorries and take on those extra duties now.
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Ask for a wage rise then?

:eek: :eek:
 
StriderX said:
Ask for a wage rise then?

:eek: :eek:
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...and he'll be told that that the extra the boss needs to pay to make up the 'living wage' for the other workers means they won't be able to.

If you really believe businesses are going to think "we must pay our lowest paid workers more so we'll increase our costs even further by giving everyone above them a pay rise as well" is living in cloud cuckoo land.
 
estebanrey said:
...and he'll be told that that the extra the boss needs to pay to make up the 'living wage' for the other workers means they won't be able to.

If you really believe businesses are going to think "we must pay our lowest paid workers more so we'll increase our costs even further by giving everyone above them a pay rise as well" is living in cloud cuckoo land.
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Potentially could be a bit ghastly if your in the 25 to ~35 age zone and looking for minimum wage work over the next little while.

Guessing come next election they will be pointing at the figures for all the under 21s "they got into work" and conveniently gloss over the collateral.
 
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