How much more should the best paid earn than the poorest paid?

Just an additional post, so not replying to myself.

The wife is the head of recruitment for BUPA care services. The company that offers more homes to the elderly in the UK than anybody else. The world is ******.

BUPA can not find carers for the money they pay in this country and have a massive backlog, which has a massive effect on the services we offer to our vulnerable. The zero hours contracts and the minimum wage are being bandied about by politicians, but we can't fill jobs in the current climate (even with these options), then you have the issue of everyone going immigration bonkers, because that is the only solution.

BUPA have started to employ from the EU to fill the void. Boo say the UKIPers, lets have a Living wage, lets **** the foreigners off. Its all well and good but who funds BUPA to pay to look after our vulnerable?

The Government... with our money. Increase the min wage and living wage and we all pay.

The same government who are cutting funding but are talking about increased living standards for the elderly and other vulnerable peeps. Its a complete mess. I don't know what the answer is. But I find 100x wages or 50x wages sickening.

I have a good job, I'm paid well but all the people that work for me have the opportunity to earn more than I do. I set their targets and I set their wage around our business strategy and growth model. Its nowhere even near 5 to 1. In fact I'd say closer to 2/1 and that being generous.

Russell Brand might be a lovely person to most but in a lot of ways he's right when you take off the blinkers. This country is run by the rich for the rich. We don't know halk the story of what goes on. We are mere pawns in a machine.

So are BFC.

You Reds.

 

Re: Difficult question

I'm not naming names. Not unusual though and doesn't have to be NHS

A snipet from a typical recruitment site.

'Salaries for Band 5 under the NHS Agenda for Change (AfC) Pay Rates (the entry point for graduate nurses) start at £21,388, rising to £27,901. Salaries in London attract a high-cost area supplement. Salaries at senior level (Bands 7-9 in the NHS) range from £30,764 - £98,453'

By the way, i think they earn every penny they get, and maybe more.

 

Agree mate. I've been on the other side of this. Local authorities funding has been slashed to the point that they can't afford to pay to run its own care homes and others can do it cheaper. Why? Because authorities pay living wage and good terms and conditions and aren't (rightly IMO) prepared to compromise on this.

So they tender it out instead to another provider who are cheaper because they will pay minimum wage. And in fairness to the provider they have to because the lowest priced tender wins.

The only thing I would say (and why the world is ******) is that the contract is very favourable to the private provider and guarantees them their profit each and every year.

The reality is caring for people is expensive, we have an ageing population, and caring for people should be rewarded as a profession. At the moment the system is designed to pay people minimum wage and spend the minimum time looking after people possible so that the government can pursue a low taxes and low spending agenda, with guaranteed profit paid out to the investors.

 

Supply and demand. The number of people capable of doing the surgeon's job are a fraction of those able to do the cleaner's job. So immediately market forces come in to play.

Market forces aren't down to man made ideologies of socialism or capitalism, but are driven by human nature. The best surgeons will have to satisfy all of their emotional needs, of which self satisfaction is only one. The need to be recognised and rewarded is another. Money is one barometer of success. Not to mention those that employ will naturally begin to compete for the best resources available (its what all life on earth instinctively does) of which the best way to get them is to pay more to attract the best.

I could go on but im typing in to an iphone which is beyond tedious.

It was an interesting question to pose, but was completely reliant on a massive over simplification of human nature.

 

I have to disagree. Most folk will just do the easiest job they can, and get the same pay as someone doing a highly skilled (and highly stressful) job, such as a surgeon.

And why wouldn't they? For one they never know if they'll love the job without doing it.

 

The wage cap never really worked. My grandad's favourite player was Johnny Kelly - an out and out winger that could twist a man's blood by all accounts. I understand we looked after Johnny by paying him the maximum and buying detergents from his sideline business. The market will always find a way.

Of course, unless the other major football nations have the same or similar in place, you lose all the best players abroad.

This all being said it is properly wrong that players in the second tier of football are now millionaires, and that 'ordinary' Premier League players are multi-millionaires including some bench warmers.

With the number of clubs in financial trouble or with operating losses - no they are not worth the money either in transfer fees nor wages.

Having seen the likes of Deon Burton and Dave Regis I cannot see how there can be a relationship between the worst players wages and the best.

 

Re: Difficult question

You know that Bands 7-9 are management bands, not actual nurses. The first bit is the actual salary for nurses.

 

Re: Difficult question

I do, but they are still nurses and do real nursing.

And interestingly Scottish nurses are paid more for same grade.

 

In a capilist society the sky's the limit, in a communist society that we know the same applies. So why the question?

 

I believe Robert Morley the revered actor once said it should be no greater than 10x.

 

Interesting that in the Soviet Union when the doctors and teachers did earn something similar to a cleaner, the healthcare and education systems were world class. Now they're both an absolute train wreck. Although doctors and teachers probably aren't the problem here, it's the systems which are decaying.