Oi, you, get back to work!

[gas112]

Over - 50s could be exempt from income tax in a bid to tempt them back to work.

Over-50s could be EXEMPT from income tax if they return to work

The ideas are being floated as part of a major overhaul of the system, amid concerns that millions of people have simply opted out of the labour market since Covid.

www.dailymail.co.uk

Win win we already dont pay NI on our pensions

 

[fillyboy]

Agreed. It has always been highly questionable to use mechanisms such as tax credits to top up the wages of people on low wages to the level at which they can afford to live, simply because employers won't pay a living wage. This is something the political right seems to have major problems understanding

Possibly, I've always thought the introduction of a 'minimum wage' has held back wage growth.

 

[Harry Bloomfield]

Possibly, I've always thought the introduction of a 'minimum wage' has held back wage growth.

How so? It's a minimum, a safety net figure.

 

[Deleted member 174758]

Possibly, I've always thought the introduction of a 'minimum wage' has held back wage growth.

Based on the number of employers who think it is acceptable to have a goodly percentage of their workforce on minimum wage (topped up with tax credits and housing benefits to make ends meet) it has held back wage growth

 

[fillyboy]

How so? It's a minimum, a safety net figure.

Exactly, why pay more.

 

[carmanmemoranda]

How so? It's a minimum, a safety net figure.

too many employers use it as THE wage figure rather than its intended use as a safety net.

for once, I agree with gone !

 

[Harry Bloomfield]

Exactly, why pay more.

It is a minimum, paid to those who only have limited skills and qualifications, doing menial tasks.

 

[carmanmemoranda]

It is a minimum, paid to those who only have limited skills and qualifications, doing menial tasks.

that was it's original basic intention.

misused over time though, as we now see

 

[Brigadier]

Read something in the paper the other day about a company that paid staff more and, who knew, they were happier and worked better.

Until they weren't happy, and wanted more.

Not a knock, but seen many times with my own eyes.
If money is the motivator, any increase soon becomes the new normal.

 

[Harry Bloomfield]

that was it's original basic intention.

misused over time though, as we now see

Better than workers only being paid what employers are willing to pay though.

 

[carmanmemoranda]

Better than workers only being paid what employers are willing to pay though.

Yes. But sadly even though it's a minimum, various companies have been fined for not even paying that. Some big names too.

When companies won't even pay the minimum is it any wonder how bad it is out there for some. From bad treatment and feelings, problems grow.

And here are people complaining about poor service, often from those on the very minimum

 

[carmanmemoranda]

Until they weren't happy, and wanted more.

Not a knock, but seen many times with my own eyes.
If money is the motivator, any increase soon becomes the new normal.

Usually when it is the only motivator.

But the average better paid person performs better than those on less

 

[securespark]

...until they went bust.

A strange conclusion to come to.
If they are happier, work better together and are more productive as a result, that would not result in bankruptcy.

 

[Brigadier]

A strange conclusion to come to.
If they are happier, work better together and are more productive as a result, that would not result in bankruptcy.

You're presuming a limitless market.

 

[carmanmemoranda]

You're presuming a limitless market.

You're presuming lower wages means more profit