Page 25 | NMW to increase again next year to £12.21 ph.

ZoeZee · 2024-10-29T19:51:32+00:00

If you’ve not had a pay rise this year, despite bringing it up to your employer, and now there’s set to be another 6% NMW increase next year (which is fantastic, don’t get me wrong) the pay gap is narrowing ever more between skilled/unskilled employees. Skilled and those with MANY years of experience, might as ditch their responsible/stressful jobs (which often keep you awake at night) and look for something that doesn’t have the added responsibility? Almost 20 years experience means nothing to some employers! AIBU? Any employers who have a view on this increase, please let me know how this might affect you and your staff.

Mrsgreen100 · 29/10/2024 21:49

so many companies getting away with treating staff like shit
I have a child working in a high-end prominent London store for a cosmetics brand, they won’t put them on permanent contracts even past the age of 21 they’re still not paying the London minimum wage as a parent. I have to top up the rent and pay for groceries, et cetera while the company is making millions
I employ three part-time people whom I couldn’t manage without who I pay £25 an hour on a part-time basis, I haven’t had a holiday for seven years and I’m nearly a pensioner. The world’s gone bonkers.

user1467300911 · 29/10/2024 21:48

I cautiously welcome it, because we need to pay people doing essential jobs such as care work fairly and it’s ridiculous that such a high percentage of the working population need top up benefits.

But … some industries with razor thin margins, such as care facilities may lay off staff as a result of this change.

cardibach · 29/10/2024 21:48

DelilahBucket · 29/10/2024 20:47

I am looking at expanding my business next year. The increase combined with a most likely reduction in the employers NI threshold will mean I employ one member of staff not two and that one member will be on a lower hours contract than I had originally hoped. Labour are so anti business it's unreal. But I knew that. I'm just a tiny little business, not some massive CEO rolling around in my bid mansion. If they announce they are doing away with the small business relief on rates it will mean I can't expand at all.

They aren’t anti business. They just think you should be able to pay your staff a wage they can live on without the tax payer having to subsidise you by topping it up.

Setyoufree · 29/10/2024 21:48

It'll be inflationary so I look forward to mortgage going up again in due course... 🙄 And good luck to my kids if they want a job in a few years, there won't be anything for teens

Damnloginpopup · 29/10/2024 21:47

More tax paid in then. 20% of 76p = 15p. An extra £5.70 per person per week doing 37.75hrs.

Then the extra vat paid on the more expensive goods...

Didshejustsaythatoutloud · 29/10/2024 21:47

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Don't forget the big one....TAX x

Carpr · 29/10/2024 21:47

cardibach · 29/10/2024 21:38

So we continue to subsidise employers by paying top up benefits? I think every employer should pay a living wage so the benefit bill drops - and then either taxes can be directed to services or they can be reduced. No business which requires government wage subsidy routinely is actually a viable business.

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Some people though will drop their hours as they won't want to lose their benefits, they will just think my wage is going up so I can work less.

yukikata · 29/10/2024 21:45

ZoeZee · 29/10/2024 20:28

Again, I DON’T think I’m better! I DO however have many years of experience in a highly demanding role, one which would take a new staff member many years to reach my level.

It’s not those on NMW I have an issue with (As I’ve quite clearly pointed out in my OP)!

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You're not going to be paid any less, though.

Some people who are not doing as well as you will be doing slightly better.

You'll still be doing just as well as you are now.

Honestly it's hard to see how it's 'not those on NMW you have an issue with' when you are literally saying that you'd prefer it if people who are currently earning a lot less than you continue to earn a lot less than you.

BewaretheIckabog · 29/10/2024 21:45

For those thinking this a Labour thing, I would suggest you look at the NMW increases 2022, 2023 and 2024. The percentage increases year on year were higher for each of the past 3 years under the Conservative government.

Elferbowton · 29/10/2024 21:45

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Thanks for that explanation and clearly written by somebody who hasn't got the intellectual facility to read and understand a relatively simple post or explain their response.
To try and help, and as you say, they both have extra costs, well done one that one but the wages/ price requested are representative (big word) of this current discussion.

HairyPie · 29/10/2024 21:44

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AlexMason01 · 29/10/2024 21:43

Patienceinshortsupply · 29/10/2024 21:39

Small business owner here. I honestly don't think that the Government want us to keep trading. With the increases post covid in supplies, gas/electricity, insurance - and now more wage increases, we can't keep passing these on to our customers. We have a ceiling to our daily rate.

I feel quite sick to the stomach with this Government, fuck knows what mess we'll be in in 4 years time. Shame on every fucker who voted them in, frankly.

thats part of the issue with society and capitalism there comes a point that as covid proved society will only need certain companies or big multi nationals, then so many workers etc,

but because of the large population numbers we have capitalism instead,

Didshejustsaythatoutloud · 29/10/2024 21:42

ZoeZee · 29/10/2024 21:23

Thank you.

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You are more than welcome
I understand your perspective. I work for nhs, £29,000 pa. Qualified sn earn only 5,000 pa more than me.
Sorry to say "only" £5, 000...but, they have way more responsibilities, ie, drug error=death.
That's not to say they work physically harder, some do not 😂,

KendraTheVampyrSlayer · 29/10/2024 21:41

Bringautumnnights · 29/10/2024 20:16

Nmw is getting dangerously close to my husbands salary - he works stupidly unsocial in a manual engineering role - he's looking at moving to a nmw job for less stress and similar pay but better hours.

My husband does permanent nights in a manual job for nmw. Maybe your engineering husband could get a job with mine?

Mealplanningfatigue · 29/10/2024 21:41

DownThePubWithStevieNicks · 29/10/2024 21:33

No point in the Treasury’s economists doing the detailed analysis to complete the impact assessments to accompany the budget, they could just pop on Mumsnet to hear about all the dead hamsters and grannies that a NMW rise will cost.

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Do you not see how this is a form of printing money and not actually fixing the problem at hand?

Horseracingbuddy · 29/10/2024 21:41

cardibach · 29/10/2024 21:38

So we continue to subsidise employers by paying top up benefits? I think every employer should pay a living wage so the benefit bill drops - and then either taxes can be directed to services or they can be reduced. No business which requires government wage subsidy routinely is actually a viable business.

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So you are happy to lose nurseries and Pubs in your community?

Intothewinenotthelabel · 29/10/2024 21:41

ExtraOnions · 29/10/2024 20:12

If you can’t afford to pay your staff £12ph, you shouldn’t have a business.

Stupidest thing I ever heard!

Patienceinshortsupply · 29/10/2024 21:39

Small business owner here. I honestly don't think that the Government want us to keep trading. With the increases post covid in supplies, gas/electricity, insurance - and now more wage increases, we can't keep passing these on to our customers. We have a ceiling to our daily rate.

I feel quite sick to the stomach with this Government, fuck knows what mess we'll be in in 4 years time. Shame on every fucker who voted them in, frankly.

anxioussister · 29/10/2024 21:39

Winterjoy · 29/10/2024 20:51

I would have agreed with this until seeing the extortionate utility rises over the last few years. It's becoming unsustainable for small businesses no matter how efficient they are. Market readjustment won't be more functional efficient businesses, it will be survival of only the large (tax avoiding, employee exploiting) corporations with capacity to swallow losses.

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Or they have to increase their prices - and people will opt to pay them (from their newly reasonable salaries and reduced tax burden in my economic utopia…)

cardibach · 29/10/2024 21:38

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So we continue to subsidise employers by paying top up benefits? I think every employer should pay a living wage so the benefit bill drops - and then either taxes can be directed to services or they can be reduced. No business which requires government wage subsidy routinely is actually a viable business.

Frowningprovidence · 29/10/2024 21:37

MikeRafone · 29/10/2024 21:35

Where there many redundancy in April and May 24 when NMW increased by 10%?

One of my employers cut people's hours rather than make people redundant.

HairyPie · 29/10/2024 21:36

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MikeRafone · 29/10/2024 21:35

Where there many redundancy in April and May 24 when NMW increased by 10%?

Horseracingbuddy · 29/10/2024 21:34

DrBlackbird · 29/10/2024 21:21

This ^^

After years of blood, sweat and tears through three years of covid, we are looking at the very real possibility of closing. That’ll be 10 people out of work plus knock on effect on other small businesses that we buy from including some who work out of their own homes.

I’ll be bloody gutted. Despite investing tens of thousands and years of unpaid work, we, the owners, have never taken a single penny out of the business, which serves our community.

I’m sick of Starmer and Co portraying every business as if we were all exploitive multinationals deliberately screwing over workers. This govt is killing us.

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Let me guess - pub?

Original poster

ZoeZee · 29/10/2024 21:34

Elferbowton · 29/10/2024 21:30

Wages have been stagnant for years as employers generally increase their profit and personal income.
Of course business owners should reap some rewards but it's gone too far, my boss today loudly announced that somebody may have to go if the NMW goes up as he left his £3 million pound house and parked his £100 grand Merc outside whilst his warehouse workers are walking around with holes in their shoes.
Try to get someone to come and do your gardening or decorate your house, they want £30 and hour minimum and still some question £12 per hour.
At least if you earn a bit of extra money you can choose how to spend it, without it you can't.
As for those who say leave then I'm afraid these Victorian attitudes to employees have become the norm.

Think we might have similar bosses! I could write a book about him.

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