Cyprus-Forum.com

[Lordo]

Here is a very interesting article that claims UK is stuck in low wages till productivity goes up. How long has wages been linked to production. Bloomin heck next thing they will claim is we live in a communist world.

https://www.msn.com/en-gb/money/other/the-uk-will-be-stuck-with-low-wages-until-productivity-goes-up/ar-AAS9BbV?ocid=entnewsntp

[Lordo]

This is even more interesting. Profits made from suffering of others. Can you believe it?
American Dream. You got to be asleep tp believe it.

[Pyrpolizer]

Why are you so simple. What it is at issue is how much does the employer pay to the worker in terms of percentage of what they produce. This is why i asked you to work out what the workers are paid for what they produce. I know because I did it for 10 years before I found my feet to start my first business. I got paid less than 10% of what I produced personally. I agree that there are others that need to be paid in the process so it is a matter of balance. Directors other top people get 10s of millions. That is the issue but you do not seem to understand what is said.

It is not just that you have to produce more than 20 pounds, the issue is how much more. That is in the heart of the problem. Distribution of wealth.

Everywhere it's the same thing. The top guys making huge money.
However it's not only the top guys who might be rotten. From my experience there are a lot of employees who are equally rotten. I can give you many examples, from the low paid to the highly paid.

Good thing is nothing lasts for ever. The average successful company lives for 30 years. Amazon, Google,Ebay etc will be gone one day.

Of course your point is that while a company and it's CEOs thrive their lower paid employees should get decent salaries.
This however assumes that both the CEOs and the employees are honest.
In my experience both CEOs and employees are equally rotten. In fact you may find more rotten employees among the ones working at minimum salary than among others.

Capitalism/free markets work as they should. From there on it's a matter of social support from Governments. Humans are not saints and never will be. There's no magic recipe to eradicate poverty.

[Lordo]

You must have come across some nasty ordinary people.

Back in the 80s I got a job with a company as a team leader who was based in a typical English town where the foreigners either run a food shop of some kind. Some time later I heard that the boss anounced that I was joing the company and asked his workforce who would wish tp work witn me. One individual said "I aint working with no foreign cunt". Two people out of 50 said they did not mind working with me.

Thell me there is only 8% rqcism in this country. Of course I have changed industy since then and in the new sector I found a lot less like 10% or so.

And yes among the lower paid workers there is some nasty people but on the whole they are ok. The Directos and XEOs are a different order.

This is not about how nasty they arem they do not look at it that way.

One year we were taken over by another firm and our new CEO was 45 years old. He was a lot younger than me so I was not expecting great things from him. But he turned out to be one of the best CEOs I have come accross.

He looked at what everybody was earning and he decided as well as the basic wage we were getting he would pay us a percentage of what we actually produced for the company. They drilled to that level of detail. Not some profit sharing scheme which does not recognise individual performance on the production line. That pushed my wages up 30%.

Of course low an behold We were sold to another concern and the first thing this swine did was stop the bonus scheme.

What you seem to refuse looking at is what is going on with the minimum wages and how we as people support these minimum wage earners in the UK by paying them credits to be able to live. So you think, thats great there you have socialosm but we do not. In paying these people credit to be able to live we are sudsidising their boss so he does not have to pay them living wage. One of these booses we subsidise is Bezos who is earning over 150,000 per minute while he pays his people minimum wage. So yes there is a magic formula, you work out how much an individual has contributed to his to the turnover and give them a share of that. It could be only 10% over their wages. That would give them a living wage.

Surely If I produce 1000 pounds for you in a day, you can give 100 pounds. Is that too much? Even after taking into consideration about all the other costs.

[Pyrpolizer]

You must have come across some nasty ordinary people.
Lots of rotten people. In my vicinity about 20%. The most rotten one was the boss himself, RIHell

Back in the 80s I got a job with a company as a team leader who was based in a typical English town where the foreigners either run a food shop of some kind. Some time later I heard that the boss anounced that I was joing the company and asked his workforce who would wish tp work witn me. One individual said "I aint working with no foreign cunt". Two people out of 50 said they did not mind working with me.

Thell me there is only 8% rqcism in this country. Of course I have changed industy since then and in the new sector I found a lot less like 10% or so.

And yes among the lower paid workers there is some nasty people but on the whole they are ok. The Directos and XEOs are a different order.

This is not about how nasty they arem they do not look at it that way.

One year we were taken over by another firm and our new CEO was 45 years old. He was a lot younger than me so I was not expecting great things from him. But he turned out to be one of the best CEOs I have come accross.

He looked at what everybody was earning and he decided as well as the basic wage we were getting he would pay us a percentage of what we actually produced for the company. They drilled to that level of detail. Not some profit sharing scheme which does not recognise individual performance on the production line. That pushed my wages up 30%.

Of course low an behold We were sold to another concern and the first thing this swine did was stop the bonus scheme.

What you seem to refuse looking at is what is going on with the minimum wages and how we as people support these minimum wage earners in the UK by paying them credits to be able to live. So you think, thats great there you have socialosm but we do not. In paying these people credit to be able to live we are sudsidising their boss so he does not have to pay them living wage. One of these booses we subsidise is Bezos who is earning over 150,000 per minute while he pays his people minimum wage.

This means the British economy needs these firms to partly feed the poor. If those firms wouldn't exist, or forced to close down, then the whole cost for their well being would be on the taxpayer. If lots of such firms exist, then the British economy is shit. Cyprus's economy is shit today anyway, because nearly all firms employ young people at minimum wage, which is not enough to survive.

So yes there is a magic formula, you work out how much an individual has contributed to his to the turnover and give them a share of that. It could be only 10% over their wages. That would give them a living wage.

You work out how much a Mcd worker contributed to the turnover, and if you find just one accountant who would agree then I will cut my throat. They could probably agree to 1% just to get rid of your bursting their balls

Surely If I produce 1000 pounds for you in a day, you can give 100 pounds. Is that too much? Even after taking into consideration about all the other costs.

In that case only a stupid person would not be more than willing to employ you on 75% commission basis. Do you think the whole world is stupid? Or it is you who's just fantasizing?

[Pyrpolizer]

My son gets 15% bonus calculated on his annual salary. Does that mean he contributes 15% over and above of what he is obliged to?

[Pyrpolizer]

btw those 8000 TCs who would get jobs in the RoC via Turk Sen & SEK are going to be paid the unofficial minimum salary. (850 Euros less social insurance and GESY=790 Net) Just like 90% of the young GCs. Like is said RoC's economy today is shit. Imagine how much more shit the economy at the occupied is. Shit ^ 2 maybe?

[Lordo]

My son gets 15% bonus calculated on his annual salary. Does that mean he contributes 15% over and above of what he is obliged to?

You would have to ask his boss how the 15% is calculated. The boss should not be paying what a person contributes, what should be paid is a percentage of contribution.

So a salary plus a % of what their labour directly earned the company. It really is not that hard to calculate. It involes calculating the actual amount charged to the client the contribution he has made. It really is not rocket science. His boss should perhaps be introduced to some of the microsoft software, assuming he wants to be a fair boss.

[Maximus]

My son gets 15% bonus calculated on his annual salary. Does that mean he contributes 15% over and above of what he is obliged to?

You would have to ask his boss how the 15% is calculated. The boss should not be paying what a person contributes, what should be paid is a percentage of contribution.

So a salary plus a % of what their labour directly earned the company. It really is not that hard to calculate. It involes calculating the actual amount charged to the client the contribution he has made. It really is not rocket science. His boss should perhaps be introduced to some of the microsoft software, assuming he wants to be a fair boss.

So in the case of a cleaner that doesnt contribute anything to the company's earnings, how can you justify the living wage?

[Lordo]

btw those 8000 TCs who would get jobs in the RoC via Turk Sen & SEK are going to be paid the unofficial minimum salary. (850 Euros less social insurance and GESY=790 Net) Just like 90% of the young GCs. Like is said RoC's economy today is shit. Imagine how much more shit the economy at the occupied is. Shit ^ 2 maybe?

Divide the Shit^2 by 2 and you will be nearer the answer. It is called capitalism where even membership of a union does not protect the workers from exploitation of the boss. I guess one saving grace is for those who can live in the north and travel south to work, homes are a bit cheaper so it is not all bad news. A flat in Gonyeli is around about 200 pounds or at least used to be. I have not kept in touch with the prices as I do not rent my property.

It does not need to be this way. It has been done differently. And it works.