RE: Friday19 Oct 2018 10:40
We currently live in a country where the National Minimum Wage Act dictates that £7.50ph is the minimum rate that an adult of 25yrs+ needs to pay someone's basic way of life, mortgage and pension. This equates to something like £15k-£16kpa...far from enough needed to enjoy life.
These same unfortunate employees are also granted statutory rights under the Employment Rights Act, most rights of which are stripped away due to the Tribunals Act, leaving discrimination, and unfair dismissal the only rights that these employees can actually exercise.
We have a government that manipulates employment figures, trumpeting the inflating number of jobs in society, whilst remaining silent about policies they introduced that allow employers to not have to pay national insurance contributions for staff they employ on a part time basis, instead of full time. This was all in aid of launching a brutal attack on the most vulnerable folks in our country under the Universal Credit Act, which effectively forces claimants into low paid, part time jobs where a reasonable basic way of life is near impossible.
Further, there has been a notable increase in propationary/trial periods in most these low paid jobs, as well as offered apprenticeships for jobs such as waiting and cleaning, which have exemptions in the National Minimum Wage Act.
The Pensions Act allows employers to not have to pay an employee's pension for up to three months, further adding to the pain that these employees have to endure.
At over £100kpa, should we also be questioning the salary of board members and the rights they have as well. This is an argurment, not limited to CB, but the entire marketplace.
I agree with the free market arguement, but we should first ask ourselves the free market question regarding the folk at the bottom, stripped of everything....Remember, society needs those at the bottom, equally as those at the top. Can you imagine a banker wanting to make his own toilet paper before going to the toilet?
Are CB, JS and PN really worth their salaries?