hilts
Well-Known Member
I would prefer for any pay rises to go to those at the bottom end of any private or public sector organisation. The cost of living affects those people the most.
Well said!The problem is that if you keep on focusing the biggest rises to those at the bottom, you erode differentials and there is less and less incentive to take on jobs with more responsibility. The other problem is that this argument always excludes the 'executives' on huge 'compensation packages' who are deemed worthy to earn literally hundreds of thousands of pounds a year in salary, bonus and share options.
You know, there are several issues with this country that underlie all these problems we are having:
1. Entrenched and systemic gross inequality, with a tiny minority owning the vast majority of all wealth.
2. Piss poor education and training, due to faulty attitudes and priorities.
3. Long-term underinvestment driven by the national obsession with quick profits as opposed to long-term growth.
4. Inadequate productivity driven by factors 2 and 3.
5. A wholly outdated system of industrial relations based on conflict. (See Germany for a far superior method that we are too British to adopt.)
How do we sort this out? Fuck knows. As the Irishman said, if I was going to Dublin I wouldn't start from here. But not by destroying workers' real wages and terms and conditions - that merely makes people more resentful and more defensive.
I never did until I left barclays to go work in care world.No I don't support people striking from any occupation
Yeah the bottom of the pile have been spoilt recently. Anymore bumps to the minimum wage may make the social worker drop a bit of grub off at the food bank for those train drivers.The problem is that if you keep on focusing the biggest rises to those at the bottom, you erode differentials and there is less and less incentive to take on jobs with more responsibility. The other problem is that this argument always excludes the 'executives' on huge 'compensation packages' who are deemed worthy to earn literally hundreds of thousands of pounds a year in salary, bonus and share options.
You know, there are several issues with this country that underlie all these problems we are having:
1. Entrenched and systemic gross inequality, with a tiny minority owning the vast majority of all wealth.
2. Piss poor education and training, due to faulty attitudes and priorities.
3. Long-term underinvestment driven by the national obsession with quick profits as opposed to long-term growth.
4. Inadequate productivity driven by factors 2 and 3.
5. A wholly outdated system of industrial relations based on conflict. (See Germany for a far superior method that we are too British to adopt.)
How do we sort this out? Fuck knows. As the Irishman said, if I was going to Dublin I wouldn't start from here. But not by destroying workers' real wages and terms and conditions - that merely makes people more resentful and more defensive.
You didn't read it, did you?Yeah the bottom of the pile have been spoilt recently. Anymore bumps to the minimum wage may make the social worker drop a bit of grub off at the food bank for those train drivers.
Pmsl
The thread is about train drivers going on strike now and I said there are other people currently in Greater need. But please do continue waffling about a scenario that isn't even happening.You didn't read it, did you?
'The problem is that if you keep on focusing the biggest rises to those at the bottom, you erode differentials and there is less and less incentive to take on jobs with more responsibility.'
That is, if you keep on doing this, eventually the whole workforce ends up on more or less the same wage. It is not a sustainable policy over any length of time. Why would anyone take charge when they are basically on the same wedge as a new starter who has no responsibilities? Why bother learning anything new, or upping your skills?
You can do it for a year or two, especially if the gaps in pay are abnormally large. But you can't keep on doing it.
How much of an issue is this in reality?You didn't read it, did you?
'The problem is that if you keep on focusing the biggest rises to those at the bottom, you erode differentials and there is less and less incentive to take on jobs with more responsibility.'
That is, if you keep on doing this, eventually the whole workforce ends up on more or less the same wage. It is not a sustainable policy over any length of time. Why would anyone take charge when they are basically on the same wedge as a new starter who has no responsibilities? Why bother learning anything new, or upping your skills?
You can do it for a year or two, especially if the gaps in pay are abnormally large. But you can't keep on doing it.