Thread: Minimum Wage

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    Minimum Wage
    What do you think of the concept of a minimum wage?

    Is it smart policy to prevent the exploitation of less-skilled workers and provide a "living wage", or should market forces dictate a a fair-market value for different types of blue collar work to prevent undue financial strain on small business owners?


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    The minimum wage is an excellent concept and I'm glad it's enshrined in (UK) law. However, businesses should be aware that a good wage (not just the bare minimum), like it or not, brings loyalty from it's employees.

    As the old saying goes: "Pay peanuts, get monkeys..."



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    #3
    Join Date
    Feb 2005
    Location
    Rochdale, England (North West)
    Posts
    4
    A lot of small companies pay their staff pittence.

    We make a point of paying them above minimum wage, we also make sure they get good benefits.

    Tomorrow I am taking a number of staff for lunch for the hard work over the last month.

    I have never heard of the saying ''Pay peanuts, get monkeys'' but it did make me chuckle!


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    Yeah, it always better to pay your employees at least twice bigger amount then minimum wage. I this case you can simply purchase their loyalty


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    Mike Levin,
    Small online store owner.

    I Use SMC
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    yyyyaaa
    Oh, Christ, I expected a real flame, and here... only supporters or ones, who don't explicitly say which one is it... I think MW is good, especially to protect groups that are likely to be paid less, like migrants, underpriviledged, long term unemployed etc.


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    - Jake, is there any digital product agency that can help Todd? - Jane asked, trembling.
    - Of course, my love - Jake replied - Now let's talk about the countries I've visited. I love to count the countries I've been to... One, two, three....
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    Quote Originally Posted by Eagle View Post
    *
    The minimum wage is an excellent concept and I'm glad it's enshrined in (UK) law. However, businesses should be aware that a good wage (not just the bare minimum), like it or not, brings loyalty from it's employees.

    As the old saying goes: "Pay peanuts, get monkeys..."

    yes minimum wage concept is a great thing. it prevents the "BIG GUNS" from exploiting the lower class people's talents by paying little to nothing.


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    #7
    Join Date
    Jul 2017
    Location
    26000 Springbrook Ave. #201 Santa Clarita, Ca 91380
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    72
    A lot of small companies pay their staff pittence.


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