heathcote wrote:
Midlife martyr wrote:
Maximum wage no but if a company can't afford to give the workers more than 2% for example that should apply to the people at the top also after all were all in it together (allegedly).
What you are advocating is automatic widening of the gap between the lower and higher paid.
Percentages should not be used in any talks for wage increases,2% of minimum wage does not give the same increase as 2% of £100,000,if minimum wage earners were given £5 a week increase then every other person must be given £5 a week increase,the gap between earnings at all levels remains the same.
Unions along with employers and Politicians are all equally to blame for the gap constantly widening.
Spot on! One of the biggest mistakes the Unions made, (and they made many), was to be duped into talking percentages! As you mentioned it widened the gap between top and the bottom. They (the Unions) then suckered the membership into thinking that they were getting larger raises than they actually were, the proof of course being is that 50% of nothing - is still nothing. The Unions were complicit then = totally bought today.
Harold Wilson did try many years ago to keep wage raises equal across the board - unfortunately greed won the day.