Pay Living Wage For £1,000 Tax Break

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Del

Ric Wee fan club member 2014
Businesses that sign up to paying the living wage will be given a 12 month tax break worth up to £1,000 per worker under plans unveiled by Ed Miliband.

The Labour leader has pledged to introduce the contracts to raise wages for millions of low-paid workers if he takes the keys to No 10 at the general election.

At a speech next week Mr Miliband will warn that Britain risks "an era of growth without prosperity" as wages stagnate while household costs continue to rise.

"Ordinary families are doing much worse than the averages would suggest because people at the top continue to enjoy faster wage rises than everyone else," he will say.

"For ordinary families to keep up, we don't need average wages to just creep higher than prices. That will still leave millions of people worse off.

"We need the kind of strong increases in wages that will genuinely make people all across Britain better off. Wages for millions of families have been stagnant or in decline for far too long now.

http://news.sky.com/story/1163152/miliband-pay-living-wage-for-1000-tax-break
 

Went for a job in August based in London, won't say what it was for, but the wage was a few pence over minimum wage.

Taking home a little over ~£900 a month in wages for a full time job in the heart of London, when an average room in a 4-5 person house share will charge £500 a month all inc.

And some think the future involves us moving to super cities like London for employment opportunities?!
 

Went for a job in August based in London, won't say what it was for, but the wage was a few pence over minimum wage.

Taking home a little over ~£900 a month in wages for a full time job in the heart of London, when an average room in a 4-5 person house share will charge £500 a month all inc.

And some think the future involves us moving to super cities like London for employment opportunities?!

Moving to London is very much like making love to a beautiful woman, every foreigner wants to get in there for a bit of the action, but overall it's a bit stinkier down there than your used to.
 

Went for a job in August based in London, won't say what it was for, but the wage was a few pence over minimum wage.

Taking home a little over ~£900 a month in wages for a full time job in the heart of London, when an average room in a 4-5 person house share will charge £500 a month all inc.

And some think the future involves us moving to super cities like London for employment opportunities?!

Ways around that. When I moved here I lodged with a family. Was £350 all inclusive.

Anyway, back on topic, this was covered in the Economist this week

http://www.economist.com/news/finan...-world-labour-losing-out-capital-labour-pains

Interesting to note that this is an issue facing all kinds of economies around the world, regardless of the particular approach taken by each countries respective political leader.

You sense that this isn't something that can be tackled easily.
 
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