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Do you think that anyone's wage level should be exempt from market forces, if so whose? - Printable Version

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Do you think that anyone's wage level should be exempt from market forces, if so whose? - me again! - 01-16-2013 09:36 AM

A few years back I looked into joining the Fire Service but my careers advisor told me that for everyone who wants to leave there are literally hundreds who want to take his place. If this dynamic happens in the private sector obvioulsy the laws of supply and demand force wages (hence costs) down.

Please offer your own opinion, not a judgment on what you percieve mine to be!
Any chance of someone trying to answer the bl00dy question?!


- Karen S. - 01-16-2013 09:44 AM

The wage level of CEOs and other corporate executives is entirely unrelated to their value to the company their work for. This has got to stop. It is bankrupting us.
.


- Jope - 01-16-2013 09:53 AM

Oeoole who earn minimium wage


- Ryde.On - 01-16-2013 09:56 AM

If you are exceptionally qualified and do a good job you have nothing to worry about.

If you are a typical government , unionized employee joining so you can slack off and take advantage of overly generous benefits ,,,,,, well then you should worry.


- Celia H - 01-16-2013 10:05 AM

Sorry to say you are absolutely right.

Market forces are the very worst possible determinant of quality of life; they are in effect social injustice elevated into a political principle worshipped by the two and a fart capitalist parties. They pay lip service to social policy on workers' income by supporting a minimum wage (which the Tories opposed when Labour introduced it), but it set at a rate at which no-one could live, which is why there is currently a 'living wage' campaign, and even that - a little over £8/hour - is to my mind too low.

We need an incomes and quality of life policy which puts a premium on the fact of doing a socially necessary job, especially if that job is dangerous or unpleasant - and we need to tax the rich and divert their undeserved loot to underpinning the quality of life of useful hardworking citizens.