Minimum Wage & Pay Increased

[baggieal]

Sorry Baggieal! I was wrong in that Asda staff not on £10 before their rise but on minimum wage of £9.50 so it is a good percentage rise but still not that good compared to other sectors. I'd read that they were now getting £10.10 (outside of London) not £10.50 but if true that currently makes them the best payers in the "Big Four" supermarkets-something they have never been before

No it’s 10.50 and 2.5% increase for HQ staff. Not great but they didn’t have to do this for cost of living when staff recently had an annual rise. That’s my point - they will ensure happier staff and get some staff from competitors which is what many businesses are doing that will pay extra. Pay no more and don’t cry when your staff leave!

[bordering]

Who pays for these increases?- we all do!!! companies increase their prices to cover their costs. Reduce their profits? doubt it & it has knock on effects on pension funds. Rising wages always means rising prices.Printing money ends badly- always.