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BT -strikes work
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"BT have offered a pay deal that will stop any further strikes, proving that strikes do work . "Shit isn't it. Another thing to fuel inflation. | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation."I hope all those that begrudge others getting payrises because of inflationary effects hand their payrises back. | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation."So do you believe that for example teachers and nurses should take a real terms wage cut?? So since inflation is running at 11% at the moment, what sort of wage rise request would you consider to be an acceptable ask? Just curious…… | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation."No, it's not shit, doesn't fuel inflation, and workers should be paid fairly and treated well. | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation."Belive everything media tell you must | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation."if they been payed properly it wouldn't have come to this and definitely they wouldn't be asking for such a rise I'll back anyone that has to strike or threaten to to get a good rise. | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation."Really? What's fuelling inflation? Have workers got so much cash to spare that they are rushing out to party and by frivolities so that demand is greater than supply and prices increase to compensate? Alternatively, are fuel prices so high that people cannot afford essentials or luxuries because this increases the cost of everything to the point that they are buying less but it costs them more? How will reduced pay reduce the cost of energy? At what point do you see an effect? | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work . "That's why the right to bargain collectively was fought for over so long. Individuals in a large company have little influence and can be ignored or sacked in isolation. Many people acting together cannot and force owners to consider their employees differently to plastic, or potatoes or bolts. | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation."No, it’s only shit if you begrudge another person getting paid what they deserve | |||
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"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation.
Belive everything media tell you must "Hi is repeating a standard Daily Mail trope | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation.
No, it’s only shit if you begrudge another person getting paid what they deserve "What they deserve??? Exactly what do you know about BT employees to take a view on what they deserve? | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work . "Unless you know the background, facts and figures, I would refrain from commenting. The offer is derisory, and weighted heavily in favour of the company, and I hope it gets voted down. | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation."That depends how they fund the increase. They can reduce the profits or make efficiency savings or they could choose to increase fees | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Unless you know the background, facts and figures, I would refrain from commenting.
The offer is derisory, and weighted heavily in favour of the company, and I hope it gets voted down."The unions have agreed to it | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation.
No, it’s only shit if you begrudge another person getting paid what they deserve
What they deserve??? Exactly what do you know about BT employees to take a view on what they deserve?"More than you do, | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Unless you know the background, facts and figures, I would refrain from commenting.
The offer is derisory, and weighted heavily in favour of the company, and I hope it gets voted down.
The unions have agreed to it "No, they haven't, they have agreed to put it to the members, i.e. a consultative ballot, and I hope that it gets binned by the members. | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation.
No, it’s only shit if you begrudge another person getting paid what they deserve "This is an interesting reply, "paid what they deserve", plus the addition of it being begrudged by others. How does begrudging differ for minimum wage and higher wage earners, as an example? No dig at you personally, would like your thoughts on your comment | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation.
No, it's not shit, doesn't fuel inflation, and workers should be paid fairly and treated well."Correct.. Isn't higher wages what the Conservatives have been banging on about for the last 12 years? Now people are asking for what they were promised, they're told no and forced to resort to striking. Can't have it both ways and Cost of Living has exploded due to the Shit-Show 6 weeks Truss and Kwarteng was in control of, pushing mortgages through the roof and facing average £3200 Energy bills 20% council tax rises next year. Without decent pay rises, how can people survive, let alone live? | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Unless you know the background, facts and figures, I would refrain from commenting.
The offer is derisory, and weighted heavily in favour of the company, and I hope it gets voted down.
The unions have agreed to it
No, they haven't, they have agreed to put it to the members, i.e. a consultative ballot, and I hope that it gets binned by the members."Fair enough, how much do you think they should accept | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation.
No, it’s only shit if you begrudge another person getting paid what they deserve
This is an interesting reply, "paid what they deserve", plus the addition of it being begrudged by others.
How does begrudging differ for minimum wage and higher wage earners, as an example?
No dig at you personally, would like your thoughts on your comment "Why would anyone think it’s ‘shit’ , I don’t begrudge anyone getting paid what they deserve . | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation.
No, it’s only shit if you begrudge another person getting paid what they deserve
This is an interesting reply, "paid what they deserve", plus the addition of it being begrudged by others.
How does begrudging differ for minimum wage and higher wage earners, as an example?
No dig at you personally, would like your thoughts on your comment
Why would anyone think it’s ‘shit’ , I don’t begrudge anyone getting paid what they deserve ."I didn't say it was shit, you did. My question was a little shit though 
What I was trying to get at, how is paid what they deserve a measure. How do you know someone is not paid what they deserve, or paid more than they deserve? | |||
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"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation.
No, it’s only shit if you begrudge another person getting paid what they deserve
This is an interesting reply, "paid what they deserve", plus the addition of it being begrudged by others.
How does begrudging differ for minimum wage and higher wage earners, as an example?
No dig at you personally, would like your thoughts on your comment
Why would anyone think it’s ‘shit’ , I don’t begrudge anyone getting paid what they deserve .
I didn't say it was shit, you did.
My question was a little shit though
What I was trying to get at, how is paid what they deserve a measure. How do you know someone is not paid what they deserve, or paid more than they deserve?"I didn’t say it was shit either, it was another poster . It is deserved when the majority of the workers and the employers agree on a pay deal | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation."Actually the Bank of England are helpful in this respect in that they actually list inflation by sectors and commodities So the biggest inflation factors at the moment is energy and petrol… But when basic food stuffs (the things we all need) inflation is running at 15%, and perversely own brand cheap food inflation is running at almost 25%…. You can see why people are struggling! And actually need somewhere near inflation wage rises | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation.
Actually the Bank of England are helpful in this respect in that they actually list inflation by sectors and commodities
So the biggest inflation factors at the moment is energy and petrol…
But when basic food stuffs (the things we all need) inflation is running at 15%, and perversely own brand cheap food inflation is running at almost 25%…. You can see why people are struggling! And actually need somewhere near inflation wage rises"Agreed. Our personal inflation rate is nearer 30% than the headline figure as our main expenses are food, gas, electric and road fuel. Energy prices are the main driver of inflation at the moment however if wages rise by inflation, these costs add to inflationary pressures. Sustained high inflation then becomes a self fulfilling prophecy. | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation.
Actually the Bank of England are helpful in this respect in that they actually list inflation by sectors and commodities
So the biggest inflation factors at the moment is energy and petrol…
But when basic food stuffs (the things we all need) inflation is running at 15%, and perversely own brand cheap food inflation is running at almost 25%…. You can see why people are struggling! And actually need somewhere near inflation wage rises
Agreed. Our personal inflation rate is nearer 30% than the headline figure as our main expenses are food, gas, electric and road fuel.
Energy prices are the main driver of inflation at the moment however if wages rise by inflation, these costs add to inflationary pressures.
Sustained high inflation then becomes a self fulfilling prophecy."If you got a pay rise and could buy some other other items that are not in any way limited in supply, how would that be inflationary? If oil supplies are cut by OPEC again, because they feel like it, increasing all prices, how does you not getting a pay rise help? | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Unless you know the background, facts and figures, I would refrain from commenting.
The offer is derisory, and weighted heavily in favour of the company, and I hope it gets voted down.
The unions have agreed to it
No, they haven't, they have agreed to put it to the members, i.e. a consultative ballot, and I hope that it gets binned by the members.
Fair enough, how much do you think they should accept "It's pretty straightforward, we had no pay rise last year, and the company claim this new offer is 10%, but it isn't, it was 4.9% in April, and this next bump of approx 4.9% doesn't start until Jan next year...plus the company want to move April's negotiations on pay to Sept '23 so in real terms given the money we have lost in taking strikes action it will be an average of 5% over the 17 months between Apr '22 and Sept '23, with current inflation at 11% that's another pay cut in real terms of 6%. They won't vaccines date the new offer back to April, which is the first thing I'd like to see gapprn along with ditching the move of negotiations. | |||
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"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation.
No, it’s only shit if you begrudge another person getting paid what they deserve
What they deserve??? Exactly what do you know about BT employees to take a view on what they deserve?
More than you do, "Oh really??? 30 years and counting here...you???? | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation.
No, it’s only shit if you begrudge another person getting paid what they deserve
What they deserve??? Exactly what do you know about BT employees to take a view on what they deserve?
More than you do,
Oh really??? 30 years and counting here...you????"30 years of counting what exactly ? | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Unless you know the background, facts and figures, I would refrain from commenting.
The offer is derisory, and weighted heavily in favour of the company, and I hope it gets voted down.
The unions have agreed to it
No, they haven't, they have agreed to put it to the members, i.e. a consultative ballot, and I hope that it gets binned by the members.
Fair enough, how much do you think they should accept
It's pretty straightforward, we had no pay rise last year, and the company claim this new offer is 10%, but it isn't, it was 4.9% in April, and this next bump of approx 4.9% doesn't start until Jan next year...plus the company want to move April's negotiations on pay to Sept '23 so in real terms given the money we have lost in taking strikes action it will be an average of 5% over the 17 months between Apr '22 and Sept '23, with current inflation at 11% that's another pay cut in real terms of 6%.
They won't vaccines date the new offer back to April, which is the first thing I'd like to see gapprn along with ditching the move of negotiations. "Ok, are you expecting the deal to be rejected ? | |||
"Another thing to fuel inflation." Honestly, used to believe that argument ourselves. 'Inflation occurs when there is more money to spend'. However that only applies when people are spending the money on goods that can't be produced fast enough. The only logical thing we can see is high fuel prices hike costs which causes price inflation so having more money to pay for fuel doesn't mean enough to buy luxury goods. We might be talking bollox, but at least we are thinking and not just relying on what media tell us to think. | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Unless you know the background, facts and figures, I would refrain from commenting.
The offer is derisory, and weighted heavily in favour of the company, and I hope it gets voted down.
The unions have agreed to it
No, they haven't, they have agreed to put it to the members, i.e. a consultative ballot, and I hope that it gets binned by the members.
Fair enough, how much do you think they should accept
It's pretty straightforward, we had no pay rise last year, and the company claim this new offer is 10%, but it isn't, it was 4.9% in April, and this next bump of approx 4.9% doesn't start until Jan next year...plus the company want to move April's negotiations on pay to Sept '23 so in real terms given the money we have lost in taking strikes action it will be an average of 5% over the 17 months between Apr '22 and Sept '23, with current inflation at 11% that's another pay cut in real terms of 6%.
They won't vaccines date the new offer back to April, which is the first thing I'd like to see gapprn along with ditching the move of negotiations.
Ok, are you expecting the deal to be rejected ? "Unfortunately, no, I think there are enough lower paid workers who benefit more (up to 13% pay rise), plus those who are fed up loosing 300 quid a month in pay when we strike, to sway the vote in favour of accepting it. The company were clever, they gave a 1500 quid salary increase across the company, meaning those lower paid would see a higher percentage rise, a clever ploy to divide and conquer. I dont begrudge those on lower pay their rise, its well deserved, but I hoped everyone would stick together and see the company manipulations for what they are. I guess all I can do is hope that, somehow, enough people will see through the smoke and mirrors and stand strong. | |||
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"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Unless you know the background, facts and figures, I would refrain from commenting.
The offer is derisory, and weighted heavily in favour of the company, and I hope it gets voted down.
The unions have agreed to it
No, they haven't, they have agreed to put it to the members, i.e. a consultative ballot, and I hope that it gets binned by the members.
Fair enough, how much do you think they should accept
It's pretty straightforward, we had no pay rise last year, and the company claim this new offer is 10%, but it isn't, it was 4.9% in April, and this next bump of approx 4.9% doesn't start until Jan next year...plus the company want to move April's negotiations on pay to Sept '23 so in real terms given the money we have lost in taking strikes action it will be an average of 5% over the 17 months between Apr '22 and Sept '23, with current inflation at 11% that's another pay cut in real terms of 6%.
They won't vaccines date the new offer back to April, which is the first thing I'd like to see gapprn along with ditching the move of negotiations.
Ok, are you expecting the deal to be rejected ?
Unfortunately, no, I think there are enough lower paid workers who benefit more (up to 13% pay rise), plus those who are fed up loosing 300 quid a month in pay when we strike, to sway the vote in favour of accepting it.
The company were clever, they gave a 1500 quid salary increase across the company, meaning those lower paid would see a higher percentage rise, a clever ploy to divide and conquer. I dont begrudge those on lower pay their rise, its well deserved, but I hoped everyone would stick together and see the company manipulations for what they are.
I guess all I can do is hope that, somehow, enough people will see through the smoke and mirrors and stand strong."Fair enough, I hope you get the pay you deserve | |||
"Another thing to fuel inflation. Honestly, used to believe that argument ourselves. 'Inflation occurs when there is more money to spend'. However that only applies when people are spending the money on goods that can't be produced fast enough. The only logical thing we can see is high fuel prices hike costs which causes price inflation so having more money to pay for fuel doesn't mean enough to buy luxury goods. We might be talking bollox, but at least we are thinking and not just relying on what media tell us to think." What people buy with their wage increase is not the only factor for inflation. When a company awards pay rises they have to fund them. One of the options open to them is to increase the amount they charge for whatever they make or services provided. The people who buy the products or use the services are hit with higher bills (inflation) and ask for a pay rise from who they work for. It's possible that you end up in an inflation spiral | |||
"Another thing to fuel inflation. Honestly, used to believe that argument ourselves. 'Inflation occurs when there is more money to spend'. However that only applies when people are spending the money on goods that can't be produced fast enough. The only logical thing we can see is high fuel prices hike costs which causes price inflation so having more money to pay for fuel doesn't mean enough to buy luxury goods. We might be talking bollox, but at least we are thinking and not just relying on what media tell us to think. What people buy with their wage increase is not the only factor for inflation. When a company awards pay rises they have to fund them. One of the options open to them is to increase the amount they charge for whatever they make or services provided. The people who buy the products or use the services are hit with higher bills (inflation) and ask for a pay rise from who they work for. It's possible that you end up in an inflation spiral" ...or they reduce their margin. Think through this; the energy and extraction companies are generating bumper PROFITS as a result of all of this. So, what's generating the price rises? | |||
"Another thing to fuel inflation. Honestly, used to believe that argument ourselves. 'Inflation occurs when there is more money to spend'. However that only applies when people are spending the money on goods that can't be produced fast enough. The only logical thing we can see is high fuel prices hike costs which causes price inflation so having more money to pay for fuel doesn't mean enough to buy luxury goods. We might be talking bollox, but at least we are thinking and not just relying on what media tell us to think. What people buy with their wage increase is not the only factor for inflation. When a company awards pay rises they have to fund them. One of the options open to them is to increase the amount they charge for whatever they make or services provided. The people who buy the products or use the services are hit with higher bills (inflation) and ask for a pay rise from who they work for. It's possible that you end up in an inflation spiral ...or they reduce their margin. Think through this; the energy and extraction companies are generating bumper PROFITS as a result of all of this. So, what's generating the price rises?" They can reduce profits or at least some can. This is why I said one of the options for funding the pay rises. I also mentioned this earlier in the thread for balance | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation.
No, it’s only shit if you begrudge another person getting paid what they deserve
What they deserve??? Exactly what do you know about BT employees to take a view on what they deserve?
More than you do,
Oh really??? 30 years and counting here...you????
30 years of counting what exactly ? "Work it out. Employment within the company | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation.
No, it’s only shit if you begrudge another person getting paid what they deserve
What they deserve??? Exactly what do you know about BT employees to take a view on what they deserve?
More than you do,
Oh really??? 30 years and counting here...you????
30 years of counting what exactly ?
Work it out. Employment within the company "Do you think your fellow workers deserve a pay rise? | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation.
No, it’s only shit if you begrudge another person getting paid what they deserve
What they deserve??? Exactly what do you know about BT employees to take a view on what they deserve?
More than you do,
Oh really??? 30 years and counting here...you????
30 years of counting what exactly ?
Work it out. Employment within the company
Do you think your fellow workers deserve a pay rise? "Yes, I do BUT and here's the rub my friend, you make a blanket statement on a subject of which you know nothing | |||
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"Another thing to fuel inflation. Honestly, used to believe that argument ourselves. 'Inflation occurs when there is more money to spend'. However that only applies when people are spending the money on goods that can't be produced fast enough. The only logical thing we can see is high fuel prices hike costs which causes price inflation so having more money to pay for fuel doesn't mean enough to buy luxury goods. We might be talking bollox, but at least we are thinking and not just relying on what media tell us to think. What people buy with their wage increase is not the only factor for inflation. When a company awards pay rises they have to fund them. One of the options open to them is to increase the amount they charge for whatever they make or services provided. The people who buy the products or use the services are hit with higher bills (inflation) and ask for a pay rise from who they work for. It's possible that you end up in an inflation spiral ...or they reduce their margin. Think through this; the energy and extraction companies are generating bumper PROFITS as a result of all of this. So, what's generating the price rises? They can reduce profits or at least some can. This is why I said one of the options for funding the pay rises. I also mentioned this earlier in the thread for balance" To add for further balance, another option companies have to fund pay rises is to cut investment. I was reminded of this when I see that Total are cutting investment in the north sea. This is due to the windfall tax change, not pay rises but is an example of a company funding an expense. | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation.
No, it’s only shit if you begrudge another person getting paid what they deserve
What they deserve??? Exactly what do you know about BT employees to take a view on what they deserve?
More than you do,
Oh really??? 30 years and counting here...you????
30 years of counting what exactly ?
Work it out. Employment within the company
Do you think your fellow workers deserve a pay rise?
Yes, I do BUT and here's the rub my friend, you make a blanket statement on a subject of which you know nothing "So you’re agreeing with what I said?  | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation.
No, it’s only shit if you begrudge another person getting paid what they deserve
What they deserve??? Exactly what do you know about BT employees to take a view on what they deserve?
More than you do,
Oh really??? 30 years and counting here...you????
30 years of counting what exactly ?
Work it out. Employment within the company
Do you think your fellow workers deserve a pay rise?
Yes, I do BUT and here's the rub my friend, you make a blanket statement on a subject of which you know nothing
So you’re agreeing with what I said? "
Belter | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation.
No, it’s only shit if you begrudge another person getting paid what they deserve
What they deserve??? Exactly what do you know about BT employees to take a view on what they deserve?
More than you do,
Oh really??? 30 years and counting here...you????
30 years of counting what exactly ?
Work it out. Employment within the company
Do you think your fellow workers deserve a pay rise?
Yes, I do BUT and here's the rub my friend, you make a blanket statement on a subject of which you know nothing
So you’re agreeing with what I said? "No, a pay rise yes but not an inflation busting pay rise. | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation.
No, it’s only shit if you begrudge another person getting paid what they deserve
What they deserve??? Exactly what do you know about BT employees to take a view on what they deserve?
More than you do,
Oh really??? 30 years and counting here...you????
30 years of counting what exactly ?
Work it out. Employment within the company
Do you think your fellow workers deserve a pay rise?
Yes, I do BUT and here's the rub my friend, you make a blanket statement on a subject of which you know nothing
So you’re agreeing with what I said?
Belter "Belt up more like | |||
"Another thing to fuel inflation. Honestly, used to believe that argument ourselves. 'Inflation occurs when there is more money to spend'. However that only applies when people are spending the money on goods that can't be produced fast enough. The only logical thing we can see is high fuel prices hike costs which causes price inflation so having more money to pay for fuel doesn't mean enough to buy luxury goods. We might be talking bollox, but at least we are thinking and not just relying on what media tell us to think. What people buy with their wage increase is not the only factor for inflation. When a company awards pay rises they have to fund them. One of the options open to them is to increase the amount they charge for whatever they make or services provided. The people who buy the products or use the services are hit with higher bills (inflation) and ask for a pay rise from who they work for. It's possible that you end up in an inflation spiral ...or they reduce their margin. Think through this; the energy and extraction companies are generating bumper PROFITS as a result of all of this. So, what's generating the price rises? They can reduce profits or at least some can. This is why I said one of the options for funding the pay rises. I also mentioned this earlier in the thread for balance To add for further balance, another option companies have to fund pay rises is to cut investment. I was reminded of this when I see that Total are cutting investment in the north sea. This is due to the windfall tax change, not pay rises but is an example of a company funding an expense." No it isn't really a good example of that. They made a huge profit and will still have a huge profit after the tax. Not investing further is purely discretionary and most likely to "punish" the Government. The point remains that inflation driven by increased costs is not influenced substantially by pay. Those prices will remain high if everyone goes bankrupt. The only outcome of wage restraint is reduced spending on non-essentials and a recession which will drive down wage growth and close businesses. That is, in fact, the only mechanism in play. If windfall taxes directly subsidise energy prices then there is no supply side inflation. Unfortunately, not all supply can be taxed in this manner due to the location of energy producers so there will still be some increase. The reality is also that the Government have created so many loopholes that a lot of energy companies won't be paying that much... | |||
"Another thing to fuel inflation. Honestly, used to believe that argument ourselves. 'Inflation occurs when there is more money to spend'. However that only applies when people are spending the money on goods that can't be produced fast enough. Forgive me for not reading all the tripe beforehand. Are you saying that the pay award is good or bad, right or wrong The only logical thing we can see is high fuel prices hike costs which causes price inflation so having more money to pay for fuel doesn't mean enough to buy luxury goods. We might be talking bollox, but at least we are thinking and not just relying on what media tell us to think. What people buy with their wage increase is not the only factor for inflation. When a company awards pay rises they have to fund them. One of the options open to them is to increase the amount they charge for whatever they make or services provided. The people who buy the products or use the services are hit with higher bills (inflation) and ask for a pay rise from who they work for. It's possible that you end up in an inflation spiral ...or they reduce their margin. Think through this; the energy and extraction companies are generating bumper PROFITS as a result of all of this. So, what's generating the price rises? They can reduce profits or at least some can. This is why I said one of the options for funding the pay rises. I also mentioned this earlier in the thread for balance To add for further balance, another option companies have to fund pay rises is to cut investment. I was reminded of this when I see that Total are cutting investment in the north sea. This is due to the windfall tax change, not pay rises but is an example of a company funding an expense. No it isn't really a good example of that. They made a huge profit and will still have a huge profit after the tax. Not investing further is purely discretionary and most likely to "punish" the Government. The point remains that inflation driven by increased costs is not influenced substantially by pay. Those prices will remain high if everyone goes bankrupt. The only outcome of wage restraint is reduced spending on non-essentials and a recession which will drive down wage growth and close businesses. That is, in fact, the only mechanism in play. If windfall taxes directly subsidise energy prices then there is no supply side inflation. Unfortunately, not all supply can be taxed in this manner due to the location of energy producers so there will still be some increase. The reality is also that the Government have created so many loopholes that a lot of energy companies won't be paying that much..." | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation.
No, it’s only shit if you begrudge another person getting paid what they deserve
What they deserve??? Exactly what do you know about BT employees to take a view on what they deserve?
More than you do,
Oh really??? 30 years and counting here...you????
30 years of counting what exactly ?
Work it out. Employment within the company
Do you think your fellow workers deserve a pay rise?
Yes, I do BUT and here's the rub my friend, you make a blanket statement on a subject of which you know nothing
So you’re agreeing with what I said?
No, a pay rise yes but not an inflation busting pay rise. "So you don’t think you deserve a higher pay rise then? | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation.
No, it’s only shit if you begrudge another person getting paid what they deserve
What they deserve??? Exactly what do you know about BT employees to take a view on what they deserve?
More than you do,
Oh really??? 30 years and counting here...you????
30 years of counting what exactly ?
Work it out. Employment within the company
Do you think your fellow workers deserve a pay rise?
Yes, I do BUT and here's the rub my friend, you make a blanket statement on a subject of which you know nothing
So you’re agreeing with what I said?
No, a pay rise yes but not an inflation busting pay rise.
So you don’t think you deserve a higher pay rise then?"I get paid a whole lot more than the average nurse. I am happy to see the average nurse get twice the percentage pay rise I have rec'd. Alternatively, I would've been happy to accept 5% whilst seeing NHS workers get 10%. Is that clear enough? | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation.
No, it’s only shit if you begrudge another person getting paid what they deserve
What they deserve??? Exactly what do you know about BT employees to take a view on what they deserve?
More than you do,
Oh really??? 30 years and counting here...you????
30 years of counting what exactly ?
Work it out. Employment within the company
Do you think your fellow workers deserve a pay rise?
Yes, I do BUT and here's the rub my friend, you make a blanket statement on a subject of which you know nothing
So you’re agreeing with what I said?
No, a pay rise yes but not an inflation busting pay rise.
So you don’t think you deserve a higher pay rise then?
I get paid a whole lot more than the average nurse. I am happy to see the average nurse get twice the percentage pay rise I have rec'd. Alternatively, I would've been happy to accept 5% whilst seeing NHS workers get 10%. Is that clear enough?"I see, so you agree and support striking nurses? | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation.
No, it’s only shit if you begrudge another person getting paid what they deserve
What they deserve??? Exactly what do you know about BT employees to take a view on what they deserve?
More than you do,
Oh really??? 30 years and counting here...you????
30 years of counting what exactly ?
Work it out. Employment within the company
Do you think your fellow workers deserve a pay rise?
Yes, I do BUT and here's the rub my friend, you make a blanket statement on a subject of which you know nothing
So you’re agreeing with what I said?
Belter
Belt up more like "There there ! | |||
"BT have offered a pay deal that will stop any further strikes, proving that strikes do work .
Shit isn't it. Another thing to fuel inflation.
No, it’s only shit if you begrudge another person getting paid what they deserve
What they deserve??? Exactly what do you know about BT employees to take a view on what they deserve?
More than you do,
Oh really??? 30 years and counting here...you????
30 years of counting what exactly ?
Work it out. Employment within the company
Do you think your fellow workers deserve a pay rise?
Yes, I do BUT and here's the rub my friend, you make a blanket statement on a subject of which you know nothing
So you’re agreeing with what I said?
No, a pay rise yes but not an inflation busting pay rise.
So you don’t think you deserve a higher pay rise then?
I get paid a whole lot more than the average nurse. I am happy to see the average nurse get twice the percentage pay rise I have rec'd. Alternatively, I would've been happy to accept 5% whilst seeing NHS workers get 10%. Is that clear enough?
I see, so you agree and support striking nurses? "Where does it say that in my response? | |||
