McDonald Resigns

[regis80]

McDonald resigns over leaderships refusal not to back a £15 minimum wage!

Of course this should be the minimum wage rather the pittance paid now. A good minimum wage would create a huge incentive for those to get off benefits. At the moment why would anyone on benefits work if they won’t be much better off! Why would they!

Large businesses can afford this and can’t see why small businesses can’t either. Cafes, bars etc are closing early or on some days because they can’t get the staff! Don’t they realise that people don’t want to work for peanuts. So it’s going to break the bank paying staff members a little bit more as opposed to not opening and lose a load of revenue? Really! Cafe near us is already paying £15 per hour - getting the staff - getting more business and laughing. Owner says the difference is 3 extra ice creams per hour per staff member FFS.

Another issue without the £15 minimum wage - how are all these people going to pay huge increases in NI - Council Tax - Energy bills rocketing - Food increasing plus everything else increasing!!! Complete joke!

No wonder many EU Nationals who were hard working have all gone home!

Our business too has started to pay the £15 per hour to keep good staff and not have delays impacting on service. To afford this we have increased our prices but have a leaner and meaner model!

Some businesses who shut because they can’t get the staff need to wake up or will go bust!


PS - surprise surprise - it’s the W ankers of big businesses like Amazon - Sports Direct and BetFred owned by Coates the richest woman in the country who treat their staff like
S hit!! Hate these companies with a passion as it’s sheer greed!

This is all about economics baggieal. Before the pandemic the unemployment rate was 4%, it currently stands at 4.7% and is expected to go up to 5% after furlough ends. I did a quick check and those figures are from ONS for what the rate is now and an article saying what it was pre-pandemic.
The 4.7% represents about 1.2m out of work (from what I read, sorry too lazy to go back an check as writing off my mobile). Split that 1.2m around the UK, you wonder how much of an impact that is having locally.
Anyway thinking a loud, that 0.7% difference - is it really worth upping the wage for this minute working force from say £9 an hour to £15 an hour? That’s a 67% rise in wages? Would you really consider a 67% rise in wages? Who would? It’s a huge amount. Business owners rightly so have to return profit this is a big hit if you employ a decent number of staff. i’m more for a local business than those like amazon you mention. If you up the wage in one sector it will only move the issue elsewhere (labour and price elasticity if demand). Anyway just some thought from me.

[WBA123]

This is all about economics baggieal. Before the pandemic the unemployment rate was 4%, it currently stands at 4.7% and is expected to go up to 5% after furlough ends. I did a quick check and those figures are from ONS for what the rate is now and an article saying what it was pre-pandemic.
The 4.7% represents about 1.2m out of work (from what I read, sorry too lazy to go back an check as writing off my mobile). Split that 1.2m around the UK, you wonder how much of an impact that is having locally.
Anyway thinking a loud, that 0.7% difference - is it really worth upping the wage for this minute working force from say £9 an hour to £15 an hour? That’s a 67% rise in wages? Would you really consider a 67% rise in wages? Who would? It’s a huge amount. Business owners rightly so have to return profit this is a big hit if you employ a decent number of staff. i’m more for a local business than those like amazon you mention. If you up the wage in one sector it will only move the issue elsewhere (labour and price elasticity if demand). Anyway just some thought from me.

Completely agree. I am all in favour of increasing minimum wage but it needs to be in proportion. A raise from £9 per hour to £15 is a crazy increase.

It basically means a minimum wage worker, working 40 hours per week will be on over £31k per year. Then this will have a domino effect on the rest of the labour market, and of course prices will increase. I could see inflation going through the roof. The economics just wouldn't make sense and small businesses would suffer most, companies like Amazon would probably benefit from it.