Lord Peter Mandelson, Uk Ambassador
News0 min ago
Liz Truss "Con" Is to back a plan .To cut minimum wage,.....paid holidays, ...and redundancy pay....Says the former PM.
Who herself has earned £18,860 severence pay plus 1.5months salary as Pm.. £6,781..not bad for just 45 days work.
Plus £115 000 Annual allowance granted to all former PMs for the rest of her life.
No best answer has yet been selected by gulliver1. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Well no she didnt, she backed a report from the Growth Commission.
And the Growth Commision havnt said they want to cut it quote: "Commission co-chairman Shanker Singham said: “There’s nothing wrong with the minimum wage - what matters in terms of competition is where it’s set. What we’re intending to do in the UK is move it to 66% of median wage - that’s far higher than any other OECD (Organisation for Economic Co-operation and Development) by next year and will be a significant drag on the economy. We are suggesting freezing it and targeting it down to 61%.”
It wont happen, its simply a school of thought and it does have valid points even if I disagree with them.
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"don't they deserve more than a survival wage?"
One has to draw a line somewhere and that would have to be to define a "minimum" wage. For sure most would hope for more, but that is managed by finding it impossible to get staff at that level of renumeration, or finding a continual costly turnover. It's not up to government to define how much better than the minimum that should be offered. That is down to how much such work is valued by both parties.