To think raising NMW is a good thing

[Kilot]

The poorest in society will earn more. Companies will have to pay more, benefits will drop.

Because if the minimum wage keeps going up, having more skills won't earn you any extra money! Use your brain!

the best is definitely not the cheapest is it?

Thank you for this post.

I despair at the short sightedness and envy you see on MN sometimes. People treat "business" as a homogenous evil that exploits the masses, rather than the means by which the country keeps running. A huge percentage of the private sector is small businesses, operating locally.

And most tax evasion is by small businesses or self employed tradesmen with cash for jobs stuff.

I couldn't let this one go, sorry.
Are you actually this stupid? The vast majority of people in the UK are employed by small businesses. The only shareholders will be the owners, and believe me, it is unlikely there will be millions of profit.
How silly you sound. Listen to yourself.

And we as individuals have shares in our pension. Or in our personal investments.

It will reduce employment opportunities again and put costs up. It will also reduce the differential again between more skilled roles and entry level jobs leading to discontent and strikes. Typical Labour times really.

Why are people so against the lowest paid getting a decent wage? Do you think they should look after your kids/elderly parents/serve you in shops/cafes etc for shit wages?

People are not against the increase to the nmw because they don't want people to earn more money. They are against an increase to the nmw because of the other problems it will cause. It is very short sighted not to consider the wider implications.

Many independent businesses (pubs, coffee shops, small restaurants) are already crippled. Their inability to afford higher wages does not come from "poor business management" at all. At this rate, these businesses will not exist and only big corporations will. Edit to say the people running and owning these businesses make below minimum wage themselves. Don't be so ignorant.

It's pretty simple to me. Pay people a decent wage. Because without those minimum wage workers the country would grind to a halt. That is the bigger picture.

What do you suggest? They pay their workers a fiver an hour?

My main objection is to silly posters who think that small and micro businesses that really can't afford any more costs do not deserve to exist and should fold.
The owners will then swan off with their millions apparently.
Jobs will go, but that's fine (although the practicalities of this have not been addressed, obviously 🙄)
It's like the 6th Form debating society.

That's not looking at the wider implications.

Higher wage bill means higher prices charged to the customer. Minimum wage workers are also customers so they have more money but everything costs more so are no better off.

Businesses that can't afford the higher wage bill will either go under or lay people off. Someone who was earning nmw is now unemployed so they are no better off.

A business that may usually hire students in the summer can't afford to pay them the new nmw so they don't employ them, they are no better off.

That's the bigger picture.

This is exactly the reality for small hospitality businesses.

Oh right. That's sorted then

Not at all but there will soon be no difference between a NMW worker and an ECT. Who would aspire to put theirselves through Alevels, a degree, post grad and in debt for a salary that comes with the stress of teaching (and other professions)?

Support for such businesses alongside raising NMW. Or there won't be independent pubs, coffee shops and the likes anymore. They're already closing left right and centre. This will cause many more to close and then these jobs will not exist.

It sure is. Or would you rather the government topped up peoples shit wages so you can whine about that too?

So many people against rise in min wage. It seems that businesses are reliant on workers wages being topped up by UC..then people moan about people being on benefits! Whether a business is small,medium or large..often workers are also receiving UC. It is bonkers.

I would suspect that a lot of people against the NMW going up are also up in arms about the lifting of the 2 child benefit cap. What exactly do they want?

It sounds as though you're suggesting you suspect most small businesses are criminals. Is this what you're suggesting?

I'm not whining. But your simplistic 'solution' is completely ignoring the real-life experience of others on this thread. Obviously you are just intetested in virtue signalling, not practicalities, solutions or reality.

But businesses (small,medium,large) are helped by the state in the form of UC because workers are not paid enough. If paying enough money so people did not require UC means business goes under then it isn't viable is it? As for large corporations,some retail 'giants' spring to mind, why the heck are staff not paid enough so they require UC? Is it perhaps,to do with shareholders and huge profits etc?

No that just most tax evasion is done by small businesses and/or tradesmen with cash under the table.