Quote:
Originally posted by Taijitu
Quote:
Originally posted by Tom
I still think it puts a roof on aspirations and will make those at the higher end not really bothered about progressing if they're not going to gain anything more
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This is true though in many areas other then science progressing may be a negative thing. Individuals aught not to be encouraged to bankrupt companies and then run off as soon as the **** hits the fan.
The main point I am trying to make though is that there is no point to a minimum wage at the moment.
If say the lowest pay is £5 an hour whilst the highest is £100 there is a £95 gap between worst payed and best.
Set a minimum wage at £10 and the gap becomes £90.
This is great for allowing more equality of pay and making sure nobody earns so little they cannot live by it.
The problem is that wages at the top end can just get increased to £105 so we are at square one and introducing the minimum level has no effect whatsoever while there is no maximum set.
How much the maximum is set to in order to encourage progression could be debated but without any there is little point to having a minimum wage.
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Minimum wage is in place so that along with benefits, the most poor people can just manage to get by. I don't agree that someone who works a lot harder than someone else should be paid nearenough the same. There is a slight difference between being an accountant and working in a chippy. What you suggest is almost communism. If people can get a similar wage to someone else for doing a much easier job, just what is the point and where is the attraction in the harder jobs?