Jaco wrote:Just as an FYI, you can still buy a fixer-upper 3-bedroom house around here for £60k. That's about the price of a broom cupboard in London...
Here are a few points to keep in mind. Using the $1.90 line shows that only 700 million people live in poverty. But note that the UN’s Food and Agriculture Organization (FAO) says that 815 million people do not have enough calories to sustain even “minimal” human activity. 1.5 billion are food insecure and do not have enough calories to sustain “normal” human activity. And 2.1 billion suffer from malnutrition. How can there be fewer poor people than hungry and malnourished people? If $1.90 is inadequate to achieve basic nutrition and sustain normal human activity, then it’s too low — period. It’s time for you and Gates to stop using it. Lifting people above this line doesn’t mean lifting them out of poverty, “extreme” or otherwise.
Remember: $1.90 is the equivalent of what that amount of money could buy in the US in 2011. The economist David Woodward once calculated that to live at this level (in an earlier base year) would be like thirty-five people trying to survive in Britain “on a single minimum wage, with no benefits of any kind, no gifts, borrowing, scavenging, begging or savings to draw on (since these are all included as ‘income’ in poverty calculations).” That goes beyond any definition of “extreme.” It is patently absurd. It is an insult to humanity.
No. Could quite easily just raise everyone on an hourly rate byt the difference per hour, trouble is these pricks think of it as a percentage increase so won't do anything until they can afford to give even people at the top an equivalent percentage raise.If you raise the bottom level really significantly, then everybody all the way up the company has to go up
Why does it have to come from other shop floor staff? Why not cut top earner pay? Or take it out of the profit you are now in.If we were to move to a significantly higher starting rate, then we would have to take that money from our more experienced booksellers, or cut costs in another dramatic way
Kill yourselfTo retain the best and most talented booksellers, we have to reward them, and we reward them as well as we can with pay, but we mainly reward them with a stimulating job
To retain the best and most talented booksellers, we have to reward them, and we reward them as well as we can with pay, but we mainly reward them with a stimulating job
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