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 Post subject: Re: Maximum wage limit!
PostPosted: Fri Jan 13, 2017 12:42 am 
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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.


What you suggest would remove all incentive for anyone to gain more skills or take on more responsibilities as it would lead to the erosion of differentials relatively eventually, as to percentage rises being unfair there a damn site fairer than what has been happening in the last few years where the poor sods at the the bottom of the pile have got sweet FA while the fat cats have become positively obese.


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 Post subject: Re: Maximum wage limit!
PostPosted: Fri Jan 13, 2017 1:40 am 
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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.

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 Post subject: Re: Maximum wage limit!
PostPosted: Fri Jan 13, 2017 5:23 pm 
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Location: Stamford Britains prettiest town till SKDC ruined it
there's an easier way just make it law that executives and directors can't earn more than a multiplier of their lowest paid worker say 50 times for a small company 75 times for a medium sized and 100 times for a big business

if they want a nice pay rise the people at the bottom get one too :wink:

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 Post subject: Re: Maximum wage limit!
PostPosted: Fri Jan 13, 2017 5:29 pm 
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edders23 wrote:
there's an easier way just make it law that executives and directors can't earn more than a multiplier of their lowest paid worker say 50 times for a small company 75 times for a medium sized and 100 times for a big business

if they want a nice pay rise the people at the bottom get one too :wink:

Would that include apprentices, 16 year olds and part time workers?

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 Post subject: Re: Maximum wage limit!
PostPosted: Fri Jan 13, 2017 5:44 pm 
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grandad wrote:
edders23 wrote:
there's an easier way just make it law that executives and directors can't earn more than a multiplier of their lowest paid worker say 50 times for a small company 75 times for a medium sized and 100 times for a big business

if they want a nice pay rise the people at the bottom get one too :wink:

Would that include apprentices, 16 year olds and part time workers?



why not ?

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 Post subject: Re: Maximum wage limit!
PostPosted: Fri Jan 13, 2017 6:23 pm 
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edders23 wrote:
grandad wrote:
edders23 wrote:
there's an easier way just make it law that executives and directors can't earn more than a multiplier of their lowest paid worker say 50 times for a small company 75 times for a medium sized and 100 times for a big business

if they want a nice pay rise the people at the bottom get one too :wink:

Would that include apprentices, 16 year olds and part time workers?



why not ?

So you could have a big company that has 1 worker who is only working on a Saturday morning making the tea at £8.00 per hour for 5 hours so they earn £40.00 for the week so the MD or CEO can only earn £200,000 for the year even if the business is making billions and next door you could have a small business where the lowest paid worker is on £20,000 a year but the boss can have £1,000,000
Yep that seems like a good idea.

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 Post subject: Re: Maximum wage limit!
PostPosted: Sun Jan 15, 2017 10:08 pm 
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grandad wrote:
edders23 wrote:
there's an easier way just make it law that executives and directors can't earn more than a multiplier of their lowest paid worker say 50 times for a small company 75 times for a medium sized and 100 times for a big business

if they want a nice pay rise the people at the bottom get one too :wink:
Would that include apprentices, 16 year olds and part time workers?


why not ?

So you could have a big company that has 1 worker who is only working on a Saturday morning making the tea at £8.00 per hour for 5 hours so they earn £40.00 for the week so the MD or CEO can only earn £200,000 for the year even if the business is making billions and next door you could have a small business where the lowest paid worker is on £20,000 a year but the boss can have £1,000,000
Yep that seems like a good idea.



no it would be pro rata i.e. the equivalent full time wage at £8.00 per hour would be £320 so the MD/CEO could still earn £832000 :roll: at 50 times the wage of the lowest paid just not a £5 or £10 million pound salary which is out of all proportion

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 Post subject: Re: Maximum wage limit!
PostPosted: Sun Jan 15, 2017 10:38 pm 
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edders23 wrote:
grandad wrote:
edders23 wrote:
there's an easier way just make it law that executives and directors can't earn more than a multiplier of their lowest paid worker say 50 times for a small company 75 times for a medium sized and 100 times for a big business

if they want a nice pay rise the people at the bottom get one too :wink:
Would that include apprentices, 16 year olds and part time workers?


why not ?

So you could have a big company that has 1 worker who is only working on a Saturday morning making the tea at £8.00 per hour for 5 hours so they earn £40.00 for the week so the MD or CEO can only earn £200,000 for the year even if the business is making billions and next door you could have a small business where the lowest paid worker is on £20,000 a year but the boss can have £1,000,000
Yep that seems like a good idea.



no it would be pro rata i.e. the equivalent full time wage at £8.00 per hour would be £320 so the MD/CEO could still earn £832000 :roll: at 50 times the wage of the lowest paid just not a £5 or £10 million pound salary which is out of all proportion

40 hour week?? That had disappeared long before I stopped working for others.

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