What is a good salary?

No matter how bad your boss treats you spare a thought for some workers at York Uni who have received a £0.004 per hour pay rise as a result of minimum wage increases

Colleagues currently on point 12 of the university’s pay spine previously received £11.996 per hour, but the increase has meant staff will receive a raise of 0.004 pence per hour.

You’d surely think they’d just be too embarrassed to actually do this.
Do managers and remuneration committees ever get embarrassed?
 
Do managers and remuneration committees ever get embarrassed?

Usually not but surely, on this occasion, they must be mate. Someone must be. I’m embarrassed for them and they can’t be completely devoid of feelings?

If it wasn’t actual people’s pay it would be funny.
 
It's the government who determine the level of MW, although they laud about as if it's them actually paying it. It's a disgrace that MW still means you can be liable to paying tax. And if tax thresholds don't get moved shortly, someone on state pension will be getting caught for tas as well.
 
The very notion of a minimum wage shows that we have failed as people, we are just so fucking strange.
 
No mate.

Just saying that the need for us to have a minimum wage is depressing.

And it’s actually doubled in the last 10 years. For me it just tells employers what they can get away with paying and then the state (aka taxpayer) steps in to subsidise shit wages with working tax credits whilst they post billions of pounds in profits.

Depressing you say? Not half.
 
Being a teenager in the 00s, the idea of a obtaining a £40k a year job was seen as the aim for most. If you got to that pay grade you were going to be relatively comfortable. Anything more and you were in the money.

Now, it feels like that £40k a year mark is closer in equivalence to £60k/£70k nowadays and wages for most sectors, primarily private, have not increased that much if at all in the last 20 years.

I know fellas in the building trade earning as much now doing carpentry and joinery, roofing etc as they were in the early 00s/mid 00s.

The modern obsession over property ownership and the absolute need for both the husband and wife both needing to work because of it has caused a serious imbalance in my opinion. Everything is viewed as combined income. If your single you are swimming against the tide immensely.

My mother looked after and raised me and my brother for the first few years of our lives in the 90s. My dad struggled but it was doable, and the family bond was and is greater for it. That would in no way be able to occur today, not with the jobs and income they had. You would need at least one person on 100k a year to do that now.
 

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