Labour and minimum wage

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quentinhamilton
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#1
Report Thread starter 7 years ago
#1
Do you agree with Labour for the upping of minimum wage? what are your opinions?
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The_Mighty_Bush
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#2
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#2
Keep it the same. Also the minimum wage should be abolished for anyone under 23.
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Dr Pesto
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#3
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#3
(Original post by The_Mighty_Bush)
Keep it the same. Also the minimum wage should be abolished for anyone under 23.
Bad idea. Young people looking for their first jobs are undervalued as workers as it is, having to work for ridiculously low pay would make that worse.
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getfunky!
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#4
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#4
(Original post by quentinhamilton)
Do you agree with Labour for the upping of minimum wage? what are your opinions?
Of course, as the cost of living has increased so too should the minimum wage!
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The_Mighty_Bush
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#5
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#5
(Original post by Dr Pesto)
Bad idea. Young people looking for their first jobs are undervalued as workers as it is, having to work for ridiculously low pay would make that worse.
That's precisely why it should be abolished because it would mean that it would easier for them to find work!

Also I wouldn't say that they are undervalued. Rather that they have less skills and experience and therefore less value.
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RayApparently
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#6
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#6
Yes, its a step in the right direction.
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looseseal
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#7
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#7
(Original post by The_Mighty_Bush)
Keep it the same. Also the minimum wage should be abolished for anyone under 23.
What possible reasoning could you ever have for that??

Is the work of someone younger than 23 somehow worth inherently less than that of someone over that age?
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The_Mighty_Bush
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#8
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#8
(Original post by looseseal)
What possible reasoning could you ever have for that??

Is the work of someone younger than 23 somehow worth inherently less than that of someone over that age?
My reason is that it would lower youth unemployment. Youth employment is negatively effected by minimum wage laws.

They aren't inherently but they are generally worth less as they have less skills. This is why we have gradiated minimum wage law at the moment.
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ozzyoscy
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#9
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#9
Increase it to living wage and make it the same for people of all ages, no age discrimination against adults let alone teens.
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The_Mighty_Bush
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#10
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#10
(Original post by ozzyoscy)
Increase it to living wage and make it the same for people of all ages, no age discrimination against adults let alone teens.
That's just a bad idea and would lead to greater youth unemployment. It's not "discrimination" but just realism.
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Dog Soup
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#11
Report 7 years ago
#11
No it's a terrible idea.

The minimum wage should be abolished completely.

The minimum wage hurts business owners, which in turn hurts those who it is intended to help. If I were a business owner, why should I pay someone over and above what they are worth? 8 pounds an hour is an absurd wage for someone who is working in a low-skilled occupation. The free market should be left alone to decide what wage people should earn.
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TorpidPhil
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#12
Report 7 years ago
#12
(Original post by The_Mighty_Bush)
That's just a bad idea and would lead to greater youth unemployment. It's not "discrimination" but just realism.
I agree with you on abolishing it for under 23's (I think that's a nice age, although maybe a gradual rise from 21, 22, 23, would be better) but I think there's enough scope in the job market to raise it for older people flat out at least to the relatively minor extent that labour are willing to.
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ozzyoscy
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#13
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#13
(Original post by The_Mighty_Bush)
That's just a bad idea and would lead to greater youth unemployment. It's not "discrimination" but just realism.
Of course it would lead to greater youth unemployment, you'd be making them cost as much as older people. It would decrease over-21 unemployment consequently.
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The_Mighty_Bush
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#14
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#14
(Original post by ozzyoscy)
Of course it would lead to greater youth unemployment, you'd be making them cost as much as older people. It would decrease over-21 unemployment consequently.
Well no, not significantly as a much smaller proportion of over-21s earn the MW than under 21s. You also said you'd increase it to a living wage. How much is that?
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ozzyoscy
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#15
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#15
(Original post by The_Mighty_Bush)
Well no, not significantly as a much smaller proportion of over-21s earn the MW than under 21s. You also said you'd increase it to a living wage. How much is that?
I'll work it out for you if you pay for my time.
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quentinhamilton
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#16
Report Thread starter 7 years ago
#16
(Original post by getfunky!)
Of course, as the cost of living has increased so too should the minimum wage!
Don't you think it would be relatively hard for business owners?
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ozzyoscy
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#17
Report 7 years ago
#17
Minimum wage should also increase at the same rate as inflation. This should be a no brainer.

(Original post by quentinhamilton)
Don't you think it would be relatively hard for business owners?
Isn't that life? Maybe we should drop the minimum wage to £1 per hour. That would be relatively easy for business owners. Wouldn't that be nice?

Perhaps we should increase hours to 80 a week, so it's easier for businesses. And so on.
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MatureStudent36
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#18
Report 7 years ago
#18
Did labour say they'd increase benefits to match the minimum wage?
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Davij038
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#19
Report 7 years ago
#19
No, its stupid. Employers need more incentivisation to employ staff as it is.

Tax breaks for the poorest is better imo, with the poorest being tax free.
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username878267
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#20
Report 7 years ago
#20
Absolutely. It's shocking that our minimum wage is below the living wage.
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