Transfer Rumour Matt Grimes (106 Viewers)

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Sky Blue Pete

Sky Blue Pete

Well-Known Member
blunted said:
Because they are anticipating the rise along with minimum wage increase. Poor Sainsbury are sacking 3000 as they are only forecast to make in excess of £1 billion profit this year.
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Mmmm ni then or greed
Think we know the answer
Wankers
 
The Philosopher

The Philosopher

Well-Known Member
Sky Blue Pete said:
How come loads of companies are already saying they have hit rid of loads of people
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To be fair it’s not just the NI increase that’s turning employers towards staff cuts. The minimum wage increase means that the gap between skilled / semi-skilled workers and unskilled worker pay is reduced. As a result everyone expects a pay rise (often understandable from their view).

The other on costs such as Employer pension costs add straws to the camel’s back.

One other biggie not considered often is Employer Liability Insurance cost, which like house insurance and car insurance and every other insurance has gone through the roof.

As a result employers are having to think about viability of employee levels.
 
Sky Blue Pete

Sky Blue Pete

Well-Known Member
The Philosopher said:
To be fair it’s not just the NI increase that’s turning employers towards staff cuts. The minimum wage increase means that the gap between skilled / semi-skilled workers and unskilled worker pay is reduced. As a result everyone expects a pay rise (often understandable from their view).

The other on costs such as Employer pension costs add straws to the camel’s back.

One other biggie not considered often is Employer Liability Insurance cost, which like house insurance and car insurance and every other insurance has gone through the roof.

As a result employers are having to think about viability of employee levels.
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Why not just make 900m rather than 1bn though if your Sainsbury’s
 
David O'Day

David O'Day

Well-Known Member
The Philosopher said:
To be fair it’s not just the NI increase that’s turning employers towards staff cuts. The minimum wage increase means that the gap between skilled / semi-skilled workers and unskilled worker pay is reduced. As a result everyone expects a pay rise (often understandable from their view).

The other on costs such as Employer pension costs add straws to the camel’s back.

One other biggie not considered often is Employer Liability Insurance cost, which like house insurance and car insurance and every other insurance has gone through the roof.

As a result employers are having to think about viability of employee levels.
Click to expand...
nonsense, but still ake it to the politics thread
 
Captain Dart

Captain Dart

Well-Known Member
Chicken Mcgraw

Chicken Mcgraw

Well-Known Member
blunted said:
Just read he completed the most tackles in the Championship this season. Don't know if any of them were any good and he has played every game which would bump it up.
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I’m not sure that’s true. His midfield partner however, is adored by Swansea fans and I think he’s high on the ‘tackles made’ list
 
Lamps

Lamps

Well-Known Member
The Philosopher said:
To be fair it’s not just the NI increase that’s turning employers towards staff cuts. The minimum wage increase means that the gap between skilled / semi-skilled workers and unskilled worker pay is reduced. As a result everyone expects a pay rise (often understandable from their view).

The other on costs such as Employer pension costs add straws to the camel’s back.

One other biggie not considered often is Employer Liability Insurance cost, which like house insurance and car insurance and every other insurance has gone through the roof.

As a result employers are having to think about viability of employee levels.
Click to expand...
OMG does this mean we might change our mind on Grimes?
 
S

skyblu3sk

Well-Known Member
Sky Blue Pete said:
Why not just make 900m rather than 1bn though if your Sainsbury’s
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Sainsbury's like most other supermarkets are under pressure from the discounters so are having to find ways to continue to cut prices while offering a lot more choice and have a lot more real estate than others essentially its a race to the bottom and has been for a long time which is why during inflationary times Lidl and Aldi pass them on quicker than the others. They are brutal though mainly out of necessity. The other thing to bare in mind is a lot of pension providers hold Sainsbury's shares so be careful what you wish for in terms of losing profit margins. All of it sucks to be honest.
 
hill83

hill83

Well-Known Member
skyblu3sk said:
Sainsbury's like most other supermarkets are under pressure from the discounters so are having to find ways to continue to cut prices while offering a lot more choice and have a lot more real estate than others essentially its a race to the bottom and has been for a long time which is why during inflationary times Lidl and Aldi pass them on quicker than the others. They are brutal though mainly out of necessity. The other thing to bare in mind is a lot of pension providers hold Sainsbury's shares so be careful what you wish for in terms of losing profit margins. All of it sucks to be honest.
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Anyone fancy a chat about Komodo dragons or massage chairs while we are at it?
 
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