Thread: Minimum Wage
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Old 24-09-2007, 11:48 AM   #4 (permalink)
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Quote:
Originally Posted by kdal View Post
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So am I right in saying that at the moment there is no Minimum wage as such?
Yes I think you are but its a bit up in the air because we're staring down the barrel of an election & one which polls suggest the Libs will be slaughtered.

I think either way we'll see the loss of protection at lower end of the scale pretty soon. The china syndrome will demand it. Much of the traditional business going to China causing knock on to the remaining goods & services

The win for business (reduced labour costs) may well be short lived because peope are becoming more & more ruthless about work. Many of the upper skilled will just go self employed/contracting leaving an unstable & costly skills base. The unskilled will become even more itinerant & business certainty will be lost overall.

Well that's what I think anyway??? We shall see!
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