Bob newhart said if you want more profit you have to make more stuff. It is utterly inadéquate here. The govt cannot MAKE stuff other than money which devalues every penny you make as an employée. Not to mention how to pay for imports. This is not a problem that can be solved by facile capitalist principles. It is a time when everyone should do the best they can to help. A 3% pay offer from a company that makes 10 billion a year profit in a 10% inflation period is not acceptable. Not in any corner of gods right and wrong.
What? You mean to tell me that you didn't go out and get your own personal roof top "wind mill" and "solar panels" to heat your flat? Plus I don't know what you are whining about since AOC and Greta said the the Earth is going to melt away because of "Global" warming in the next 8 years. Sit back and tough it {grow a pair) out over the 3 winter months as "Global" warming is going to to be here to save the day.
Sounds like a mess for you folks. I'd suggest that any raise, even if it doesn't reflect inflation is still better than nothing. I would also remind that when labor costs go up, those always get transferred to consumers. And like it or not, that also flogs inflation.
It is the reason minimum wage was created, because govt found out that business owners have no morals. Even the good business owners that you think exist are proud of paying the "living wage" like it's a badge of honour. The "living wage" means you won't fall into poverty but you won't be able to afford much else since it's only pennies more than the minimum wage.
Mmmm. I guess that could be one opinion, but not necessarily the whole picture. Why Was the Minimum Wage First Established? | History News Network I said nothing about a 'living wage', which by the by, is a pointless phrase. There is no absolute of 'a living wage', and what it may be for one person, is not for another. Business owners with solid morals means they take an individuals situation into consideration within reason. They compensate fairly according to market wages and give raises on merit. They actively set profit margins to not crimp the business or the wages paid. But I am sure some would view it as the weight is on the employer to do everything to assist the employee, but the same cannot be said for most employees, especially in the entry level/low skill positions.
The prime motivation for all business owners is profit. This will inevitably be at the expense of the employees.
Many companies, especially supermarkets, are absorbing costs by switching supplied, cutting profits and offering special deals. But they can't do that forever. This will indeed add to inflation.
No it does not. It plays one country's tax laws against another, and because it sells across borders, skips between where tax is due to be paid. Where it is ordered? Where it is acquire? Where it is delivered? Whose VAT does it pay?
Of course a motivation is profit, but that is not the only motivation.. To assume it is at the 'expense' of the employee is an opinion, not fact. Opinions are based on perspective. Do employees consider the value of the employer's investment of time, labor, creativity and capital? Rarely.
Do you realize what that translates into? Folks losing jobs, companies becoming more fragile, less able to compete, etc. It means attacking private industry. Is that really what you folks want there? I thought y'all had experimented with the crazy social and it almost destroyed your nation until the Iron lady showed up to fix it.
You mean the economy contracting to a sustainable level? Heaven forbid that we reject a fake lifestyle did it?
No one wants it! It hascnot been like this for at least à génération. I can go on about how it happened but it is pointless. They are where they are. But it is my opinion that normal practise should not be continuedvand important corporations and businesses should be flexible enough to disappoint shareholders for a while and concentrate on helping those who help make that profit. I cannot believe raw capitalism is blind and deaf yo real need. BTW it isnt my problem. I am not affected other than to draw my pension from the UK, and I am grateful everyday that I am here permanently. But one always stays interested in what goes on where you spent 40 or so years. I feel very sorry about the situation.
So an artist selling their creations, is only in it for the money? A game creator, is only in it for the money? A plant nursery owner, is only in it for the money? A book seller is only in it for the money? The media is only in it for the money? There are many, many areas where a good part of why a businesses owner is in business, is the love of what they do.