Cyprus-Forum.com

[Maximus]

Some jobs are not meant to be the kind of jobs that pay you a living wage.

Such as Mcd's for example, most of their employees are first time jobbers, students and people that want to work part time. Most of their full time employees are generally managers or people that are just stuck in life and didn't better themselves.

If you take all those unskilled people with low paid jobs in every industry, and raise prices to pay them a "living wage", you are just raising the cost of living for everybody. Which defeats the purpose.

Many business wont survive and many people will become unemployed. As if business can just raise prices without consequences.

I used to run a small ebay business/store from my bedroom many many years ago when I recently finished my studies. I quickly realised how to price my items so they could sell fast and what price it would take ages to sell them, and what price they would never sell. It was so basic, yet an elementary understanding of how markets work and how to make money. I couldnt just buy any item and list them on ebay with a mark up and expect them to sell. no no no, that was nearly a sure way to lose money and get stuck with something that I couldn't liquidate. This is just basic business.

Prosperous countries have free market economies and that is just one reason why they are prosperous.

Every country has its rich and poor but poverty is more prevalent in countries where there isnt a free market economy.

[Pyrpolizer]

Have you seen what the man in USA did for 45 of his stores and McD is also doint it to all their company owned stores too. It just goes to show that it can be done. No excsuses.

The fact that he did it, doesn't mean everybody can do it

Example.
I have a small factory making furniture.I have both unskilled, skilled and highly skilled personnel that can do hand decorations a total of 30 people.
Government sets a law doubling minimum wage for the unskilled.
I do as government says, and I adjust the salaries of the rest. I increase my prices to get even.
I used to produce 3 qualities, cheap but good, moderate but great, and luxury with hand engravings Victorian classic style furniture.
All of a sudden my sales on all 3 types drop dramatically. Customers of low income turn to Chinese furniture, those who preferred my moderate furniture for been made in Cyprus now buy the imported Swedish ones, as for my top quality now it's more expensive than the Italian ones.

I start selling at cost, with no avail I am still less competitive.
Within a year I shut down the factory for the risk of bankruptcy. Both myself and my 30 employees are now in the streets looking for a job.

All because of a stupid decision imposed on me by the Government, who appointed Lordo Minister of Economics and Finance

[Lordo]

Did you also know that there are factories in UK who pay as low as 2.5 pounds per hour?

[Lordo]

Have you seen what the man in USA did for 45 of his stores and McD is also doint it to all their company owned stores too. It just goes to show that it can be done. No excsuses.

The fact that he did it, doesn't mean everybody can do it

Example.
I have a small factory making furniture.I have both unskilled, skilled and highly skilled personnel that can do hand decorations a total of 30 people.
Government sets a law doubling minimum wage for the unskilled.
I do as government says, and I adjust the salaries of the rest. I increase my prices to get even.
I used to produce 3 qualities, cheap but good, moderate but great, and luxury with hand engravings Victorian classic style furniture.
All of a sudden my sales on all 3 types drop dramatically. Customers of low income turn to Chinese furniture, those who preferred my moderate furniture for been made in Cyprus now buy the imported Swedish ones, as for my top quality now it's more expensive than the Italian ones.

I start selling at cost, with no avail I am still less competitive.
Within a year I shut down the factory for the risk of bankruptcy. Both myself and my 30 employees are now in the streets looking for a job.

All because of a stupid decision imposed on me by the Government, who appointed Lordo Minister of Economics and Finance

Such examples are lazy bullshiiiiiiit. You want to give an example do a proper job. Work out the percentage of turnover paid to the people who earn less than 15 pounds. Look at how much does the price need to increase to accomodate that. Hell if you really analise it, you may not need to increase the price at all.

How did Dan Price do it?

If you are paying your staff a living wage you may even find that your sales are going to go up because people will here what you have done.

Read how Dan Price did and see what happned to his turnover afterwards for fuck sake. Three fold.

You are using really tired bullshit justifying paying poverty wages while the top part are running around drinking champaigne and driving lamburghinis. Bullshit and double bullshit.

Few years back I worked for a company. For 5 years we were told there was money for pay rise. But he was driving in a roller and living in a mansion. The day I found out he spent the evening drinking with two of his director at the bar and the bill came to 5000 pounds is the day I told him to stick his job up his arse.

You think I am kidding. I am not. I resigned and was called into the office to explain why I resigned. Thats when I told him. He told me I will not get another job anywhere. Thats when my middle finger could not contain itself and decided to erectise.

Stop making excuses for people who create poverty.

[Pyrpolizer]

Such examples are lazy bullshiiiiiiit. You want to give an example do a proper job. Work out the percentage of turnover paid to the people who earn less than 15 pounds. Look at how much does the price need to increase to accomodate that. Hell if you really analise it, you may not need to increase the price at all.

How did Dan Price do it?

If you are paying your staff a living wage you may even find that your sales are going to go up because people will here what you have done.

Read how Dan Price did and see what happned to his turnover afterwards for fuck sake. Three fold.

You are using really tired bullshit justifying paying poverty wages while the top part are running around drinking champaigne and driving lamburghinis. Bullshit and double bullshit.

Few years back I worked for a company. For 5 years we were told there was money for pay rise. But he was driving in a roller and living in a mansion. The day I found out he spent the evening drinking with two of his director at the bar and the bill came to 5000 pounds is the day I told him to stick his job up his arse.

You think I am kidding. I am not. I resigned and was called into the office to explain why I resigned. Thats when I told him. He told me I will not get another job anywhere. Thats when my middle finger could not contain itself and decided to erectise.

Stop making excuses for people who create poverty.

Did you know there are huge leftist factories in Cyprus controlled by PEO?
E.g. The KEO beer factory, LAIKO Kafekopteio (Peoples Coffee factory) Both firms employ thousands, and produce top quality products. None of them does as you say. Not because they are greedy, not because they want to exploit the poor. On the contrary they are the only ones who help the poor.

What you are saying is pure nonsense, it's just a recipe for more poverty. if in doubt and you need to see calculations ask a friend who owns a business to let you talk with his accountant.

Oh and btw very few businesses are healthy enough or making Net profit 20-30%.
The vast majority just survive at 5% even less. Some just break even. They don't close down because some profit it's better than nothing. They also do it for their employees, saving their jobs.

[Lordo]

Such examples are lazy bullshiiiiiiit. You want to give an example do a proper job. Work out the percentage of turnover paid to the people who earn less than 15 pounds. Look at how much does the price need to increase to accomodate that. Hell if you really analise it, you may not need to increase the price at all.

How did Dan Price do it?

If you are paying your staff a living wage you may even find that your sales are going to go up because people will here what you have done.

Read how Dan Price did and see what happned to his turnover afterwards for fuck sake. Three fold.

You are using really tired bullshit justifying paying poverty wages while the top part are running around drinking champaigne and driving lamburghinis. Bullshit and double bullshit.

Few years back I worked for a company. For 5 years we were told there was money for pay rise. But he was driving in a roller and living in a mansion. The day I found out he spent the evening drinking with two of his director at the bar and the bill came to 5000 pounds is the day I told him to stick his job up his arse.

You think I am kidding. I am not. I resigned and was called into the office to explain why I resigned. Thats when I told him. He told me I will not get another job anywhere. Thats when my middle finger could not contain itself and decided to erectise.

Stop making excuses for people who create poverty.

Did you know there are huge leftist factories in Cyprus controlled by PEO?
E.g. The KEO beer factory, LAIKO Kafekopteio (Peoples Coffee factory) Both firms employ thousands, and produce top quality products. None of them does as you say. Not because they are greedy, not because they want to exploit the poor. On the contrary they are the only ones who help the poor.

What you are saying is pure nonsense, it's just a recipe for more poverty. if in doubt and you need to see calculations ask a friend who owns a business to let you talk with his accountant.

Oh and btw very few businesses are healthy enough or making Net profit 20-30%.
The vast majority just survive at 5% even less. Some just break even. They don't close down because some profit it's better than nothing. They also do it for their employees, saving their jobs.

And yet here we are where with at least 3 dufferent organisations implementing it. Of course it is nonsense. As nonsensical as how some factories in UK pay 2.5 pounds an hour and get away with it and of course what they produce is being sold in fashion shops an huge profit. Not to mention farms who also pay more to the gang masters than the actual workers.

But thanks to Brexit that little scam is over.

Will never forget farmer being inyterviewed saying he agreed with Brexit only to get a call from his gang master to say that he cannot find any workers as people from Eastern Europe have not returned and then him to instruct his gangmaster to find some other workers from somewhere else. You cannot make it up.

[Pyrpolizer]

And yet here we are where with at least 3 dufferent organisations implementing it. Of course it is nonsense. As nonsensical as how some factories in UK pay 2.5 pounds an hour and get away with it and of course what they produce is being sold in fashion shops an huge profit. Not to mention farms who also pay more to the gang masters than the actual workers.

But thanks to Brexit that little scam is over.

Will never forget farmer being inyterviewed saying he agreed with Brexit only to get a call from his gang master to say that he cannot find any workers as people from Eastern Europe have not returned and then him to instruct his gangmaster to find some other workers from somewhere else. You cannot make it up.

This is CYPRUS forum not UK forum. I don't know if there's such exploitation there, all I know is that there no exploitation here, at least against Cypriots. Some illegal workers are been exploited for sure, but that's not a major concern. The truth is there is no minimum salary in Cyprus, yet there is some informal consensus at 850 Euros for the unskilled. It's not enough to survive if you are single. But if you are a working couple, it's just OK.
We have a housemaid cleaning the house once a week. We pay her 6 euros an hour. She works at other houses too. Makes about 1500 Euros a month. Not bad for a cleaner...

I also own a business that used to be very healthy before the haircut. Now it just survives.if they'd force me to increase salaries or fees to those I cooperate even by 5% I will close it down immediately, and then die from depression of having nothing to do all day.

[Lordo]

And yet here we are where with at least 3 dufferent organisations implementing it. Of course it is nonsense. As nonsensical as how some factories in UK pay 2.5 pounds an hour and get away with it and of course what they produce is being sold in fashion shops an huge profit. Not to mention farms who also pay more to the gang masters than the actual workers.

But thanks to Brexit that little scam is over.

Will never forget farmer being inyterviewed saying he agreed with Brexit only to get a call from his gang master to say that he cannot find any workers as people from Eastern Europe have not returned and then him to instruct his gangmaster to find some other workers from somewhere else. You cannot make it up.

This is CYPRUS forum not UK forum. I don't know if there's such exploitation there, all I know is that there no exploitation here, at least against Cypriots. Some illegal workers are been exploited for sure, but that's not a major concern. The truth is there is no minimum salary in Cyprus, yet there is some informal consensus at 850 Euros for the unskilled. It's not enough to survive if you are single. But if you are a working couple, it's just OK.
We have a housemaid cleaning the house once a week. We pay her 6 euros an hour. She works at other houses too. Makes about 155 Euros a month. Not bad for a cleaner...

I also own a business that used to be very healthy before the haircut. Now it just survives.if they'd force me to increase salaries or fees to those I cooperate even by 5% I will close it down immediately, and then die from depression of having nothing to do all day.

The point is if it is done by law everybody has to do it and hence you would not be in any disadvantage. I cannot believe people pay wages so low a person cannot live with what they are earning. I am talking about a 40 hour a week job here.
As to the cleaner, very little information to go by. How many hours with you and the other pesron too. What distances does she travel and how.
But if you can afford a cleaner you aint doing so bad. I bet you also drive a 20k car too.

[Maximus]

The point is if it is done by law everybody has to do it and hence you would not be in any disadvantage.

Is this your point?

This is where you are wrong,

When average wages go up, the cost of living follows.

fact.

Nothing will change.

[Lordo]

The point is if it is done by law everybody has to do it and hence you would not be in any disadvantage.

Is this your point?

This is where you are wrong,

When average wages go up, the cost of living follows.

fact.

Nothing will change.

You are almost there. If the average wage goes up say 10% how much wil the cost of living go up?

Before you post put the brush away, the post stinks of shit.