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Changes to NI are likely to encourage employers to have one person on a 30 hour / week contract rather than 2 on a 15 hour week contract
Which in theory reduces employment but as we’re practically at full employment then it actually makes workers available for other jobs
Increasing the cost of employment should also drive investment in productivity - automation, training etc which would be good for the economy too as too many firms rely on low paid workers rather than investing
Well it might work for that group of employers, the question is how many of those we have and how many have say 5 full time employees, wanted to hire 1-2 more, but now the extra NI will eat into the budget for the new hires? Similar with automation, the more of it you introduce, the less people you need, so not sure that's such a positive thing from employment point of view (of course if you have no available people on the market, it's a good thing, so it depends).
What is however definite, is that additional NI, wherever it comes from, is a source of extra money for the government.
Well it might work for that group of employers, the question is how many of those we have and how many have say 5 full time employees, wanted to hire 1-2 more, but now the extra NI will eat into the budget for the new hires? Similar with automation, the more of it you introduce, the less people you need, so not sure that's such a positive thing from employment point of view (of course if you have no available people on the market, it's a good thing, so it depends).
What is however definite, is that additional NI, wherever it comes from, is a source of extra money for the government.
until of course it falls because they killed the goldengoose
Well it might work for that group of employers, the question is how many of those we have and how many have say 5 full time employees, wanted to hire 1-2 more, but now the extra NI will eat into the budget for the new hires? Similar with automation, the more of it you introduce, the less people you need, so not sure that's such a positive thing from employment point of view (of course if you have no available people on the market, it's a good thing, so it depends).
What is however definite, is that additional NI, wherever it comes from, is a source of extra money for the government.
That has been a redundant view since the Luddites, automation increases wealth and has done for the last 300 years, it creates and/or allows new jobs. We were told in the 70's to prepare for loads of leisure time when we became adults as Computers would be doing all the work .
The Railways really piss me me off because they are ripe for more automation, instead of guards in the back cab watching porn (yes I've seen them).
But I discovered nothing else but depraved, excessive superstition. Pliny the younger
That has been a redundant view since the Luddites, automation increases wealth and has done for the last 300 years, it creates and/or allows new jobs. We were told in the 70's to prepare for loads of leisure time when we became adults as Computers would be doing all the work .
The Railways really piss me me off because they are ripe for more automation, instead of guards in the back cab watching porn (yes I've seen them).
The Luddites were forced to work in factories or starve hardly a compelling argument pro automation for most workers.
Who does automation create wealth for and in which country do the taxes and jobs appear? In my opinion it will be countries with low worker cost and where the tax system can be exploited.
Having seen both automation and offshoring decimate UK manufacturing, be very careful what you wish for.
We need to actively encourage developing it in the UK.
Plenty of mining towns are ghost towns even now. We need to retrain.
Agree that railways need automating imagine doing twice the speed limit regularly when driving a passenger train.
Having seen both automation and offshoring decimate UK manufacturing, be very careful what you wish for.
UK manufacturing hasn't been decimated though… sure it employs less people and is a lower proportion of GDP as we've increasingly focused on services but UK manufacturing has grown too over the last 30 yrs
UK manufacturing hasn't been decimated though… sure it employs less people and is a lower proportion of GDP as we've increasingly focused on services but UK manufacturing has grown too over the last 30 yrs
I said walked through not run through them stealing the copper like you.
If you work for a big international company that manufactured in the UK and Europe you see a lot of manufacturing sites replaced by offices and the work going offshore or being consolidated with more automation. As one of the guys doing the systems worldwide I got to see them closed.For some reason they like to do all the manufacturing nowadays in least cost countries like Africa and Mexico. If you can get the goods by sea in 21-60 days why would you manufacture in the UK unless you need custom or very high tech parts? Or they need special shipping? If you make it abroad you get access to transfer prices for avoiding taxes
Its odd then how many factories I have walked through that are gutted and are now manufactured abroad.
Assembly in the UK is more common. Manufacture not so much.
Automation increases productivity, before Brexit had a detrimental impact on the UK car industry we had less people working in the car industry than at anytime but we were producing more cars then ever
What do you define as assembly… modern production lines cross country borders – place around the corner from me makes lorry spark plugs, they go off to Germany to be heat treated, then back to the UK and then get shipped to truck engine makers. Post Brexit they were going to bring heat treatment to the UK but not sure whether they ever did
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