Quote:
Originally Posted by mertle
well yes I dont think it would hurt them considerong the turnover and I believe those who can increase job market should. Yes those who cant out there you would'nt expect them too. However too much is going to bosses shareholders which could created jobs.
I hope we actually seeing more sensible concious atitude to employing workers from bottom to higher level. Next is to see that same conscious to accept wages need to be much better from bottom to higher.
The only way the world will recover is through jobs and people having money in there pocket spending on goods.
Its not rocket science why the world in mess it needs people with influence to admit the failing is lack decent wage and job culling.
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All very good in theory but the inescapable truth is that wage costs adversely affect competitveness and drive jobs away from the UK to places like China, India and Brazil. This is the very reason the UK has haemorrhaged jobs over the decades. Of course paying employees more is a worthy aim but employing more staff than is necessary with higher wages will simply result in more job losses. Have a look at working conditions and pay rates in the likes of China and India and you will see why. Like it or not we're competing with these countries and unless you're someone who only ever buys British, consciously invests in business for a low return and employs British (as opposed to migrant) tradesmen at above the going rate out of generosity, you're just as much a part of the problem as the rest of us.
It's all very well banging on about reducing profits and dividends but those profits and dividends are what in large part pay our pensions.