We have job losses if you want them baby

[WTFH]

Minimum wage has been upped to almost 25K for those that work full time, Tesco and Amzon etc and pay above minimum wage. So i guess closer to 30K for full time shelf stacking now.

Your guess, like most of your thoughts, is way off.

Amazon average salaries:
Warehouse Worker £23,436 per year

Packer £21,861 per year

Fulfillment Associate £21,092 per year

Order Picker £18,271 per year

The average salary of a Tesco shelf stacker is £22,752

I "guess" £18,271 to 23,436 is closer to £30,000 than it is £0, in the same way that £20,820 (NMW) is "almost 25K"

[malvolio]

It's actually fairly straightforward. If 50,000 small business lay off 1 staff member or several very large companies lay off 1% of their combined 500k workforce as a result of the extra overheads, it's still 50k unemployed people to support.

Meanwhile the big guys offshore or automate their workforce to fill the gap, sending another chunk of income out of the country.

At some point, even Starmer and Reeves will realise their actions are totally incompatible with promoting growth in the UK. Probably too late to do anything about it.

[Snooky]

It's actually fairly straightforward. If 50,000 small business lay off 1 staff member or several very large companies lay off 1% of their combined 500k workforce as a result of the extra overheads, it's still 50k unemployed people to support.

Meanwhile the big guys offshore or automate their workforce to fill the gap, sending another chunk of income out of the country.

At some point, even Starmer and Reeves will realise their actions are totally incompatible with promoting growth in the UK. Probably too late to do anything about it.

As pointed out earlier on, any efficient business will not have more staff than it needs so, if it lays off staff, its production and profits will decrease. So they won't do that on any significant scale.

As for offshoring & automation, if they could do more of that they'd already have done it.

[sadkingbilly]

yeh, - right!

[vetran]

As pointed out earlier on, any efficient business will not have more staff than it needs so, if it lays off staff, its production and profits will decrease. So they won't do that on any significant scale.

As for offshoring & automation, if they could do more of that they'd already have done it.

putting the costs up just makes automation & offshoring more attractive & possible.

[Chris Bryce]

Keep pushing employment costs up == offshoring of more remote jobs. Simples.

[NotAllThere]

Employer NI always has been a tax on working. Whether the rise is inflicted by the Tories or Labour.

1970-1979, EENIC was at 10% Tory/Labour
1980-1997, slight raise to 10.45% in the late 80s. Tory
1997-2000 - 12.8%. Labour
2010-2015 - 13.8% Lib/Con coalition
2015-2019 - 13.8 Tory
2024 - 15% - Labour

[vetran]

Employer NI always has been a tax on working. Whether the rise is inflicted by the Tories or Labour.

1970-1979, EENIC was at 10% Tory/Labour
1980-1997, slight raise to 10.45% in the late 80s. Tory
1997-2000 - 12.8%. Labour
2010-2015 - 13.8% Lib/Con coalition
2015-2019 - 13.8 Tory
2024 - 15% - Labour

so the highest ever then?