NMW to increase again next year to £12.21 ph.

So either way you can't afford to employ anyone at the moment and you obviously don't have any contingency to deal with any uncertainty that might involve either. Maybe you will be able to in the future if your business improves or maybe you can just go on as you are. Not all businesses are destined to expand.

Printing money during the pandemic too

Indeed.

Strange isn't it.

War in Ukraine and impact on fuel prices

I could afford to pay them but the NIC cost has rocketed too. The NMW is just adding more to thatbut I can't afford to pay them if they go sick on Day 1 or claim paternity leave from Day I or want to work from home 2 days a week when I need then onsite

You clearly have no experience of running a very small business

How old are some people on here, 10🙄

...

Am l trying to diminish your point
Is the grass still green where l am😂
It’s all getting a bit lost in translation now and getting a bit silly.I’ve already explained my point, that your point was blatantly obvious, nothing new.I commented because you were explaining in a condescending manner to another poster, which seems to be a running theme.
And no, l won’t be bothering to respond to any more of your tags.

This sounds like a sensible decision, you should employ anyone if you don't think you can afford to pay them.

Have you?

Finally something we can agree on but pray tell how would you achieve more affordable essentials for the lowest paid? What levers would you pull?

May I remind you Walmart bought Asda

yes, I remember one person bringing in her wage slip to show me as she had gone from full time to part time. Walmart had then altered her annual leave from the day she swapped. I asked her if they would have altered her annual leave in the same way if she hd gone from part time to full time - oh no she said and suddenly realised they were swindling her out of annual leave she had honestly accrued...

We often found inaccuracies with `Walmart and their calculations of wages in their favour, I often wondered if it was due to them being USA company and that was what they stuck out above other companies as being the worst

This is exactly the position I am in.

I have decided not to employ now. It's always a huge leap to take on the first employee and I was prepared to take the initial hit to my own income but the business environment is now too toxic towards micro businesses to risk employing anyone.

May I remind you Walmart bought Asda.

I don't care about CEOs other than I know if you piss them off enough they'll take their companies out of the country.

how do you see British Gas being taken overseas or Tesco?

What I care about is the people who get no top ups and are on "good" salaries but are, like the OP, going to start thinking "what's the point". These are the families with disposable incomes that will stop spending in order to stay afloat, when they stop spending the economy grinds to a halt

Indeed - but if you keep paying the CEOs more and don't look at those underneath and keep the disparity from being over 300x more, and if you don't stop and say no more - as those at the top can't actually make any money without the at the bottom not receiving benefits for working. The cogs come off and no one makes any money unless everyone works - there is money to pay the top people but not enough aprently to pay those further down?

I don't care about CEOs other than I know if you piss them off enough they'll take their companies out of the country. What I care about is the people who get no top ups and are on "good" salaries but are, like the OP, going to start thinking "what's the point". These are the families with disposable incomes that will stop spending in order to stay afloat, when they stop spending the economy grinds to a halt.

all the other salaries? What like the CEO of British Gas? www.bbc.co.uk/news/business-68669446#:~:text=Chris%20O'Shea's%20remuneration%20was,was%20%22impossible%20to%20justify%22.

I'm not trying to justify the disparity.

I'm looking at my wage on my job which is actual minimum wage and noting that they pay is less than the pay at Tesco.

Tesco pays its employees more than minimum wage. A lot of big supermarkets chains do. They dont pay big wages but I am always surprised when people give them as an example of minimum wage work. As they tend to go for the voluntary real living wage, rather than the slightly lower government one.

You think the disparity between a CEO on a £10mill package and a worker earning a few coppers over NMW (which when I was viewing Tesco, Asda and Morrison wage slips wasn't over NMW, it was my job to look at them) is ok as its just a few coppers more but still at least £12k less than even a median average wage? You're looking at a disparity of over 50 x + and trying to justify it

Have you got the data to back up your claims yet?

You're mixing up equality and equity. Wage differentials are needed to maintain a workforce and workforce morale. For that to be equitable society needs to support those on lower incomes by way of affordable essentials (housing, utilities, food).

Surely you don't really mean to advocate for increased inequality here?

Because NMW has increased, it's all the other salaries that have stagnated. The salaries that generate spending.

Sadly the more you pay people the more everything costs it's a vicious circle and it's never going to end.

then why has everything gone up in price when wages stagnated?

Sadly the more you pay people the more everything costs it's a vicious circle and it's never going to end.