shmmeee
Well-Known Member
It’s a tiny impact compared to the supply issue.
Rents will only get higher with additional costs and legislation/ regulation - as well as people disposing of their portfolios.
Or the demand issue,It’s a tiny impact compared to the supply issue.
Or the demand issue,
research reveals that 52% of Gen Z professionals are intentionally avoiding management positions. Interestingly, a significant 69% perceive middle management as a role characterized by high-stress levels and minimal rewards,In the interests of fairness and another little point to show this is not about “hating OAPs”, I interview a lot of people, and I find the younger people applying to be.. delicate, demanding and lots of them kinda do my head in with the social media cultureI do feel that they are inheriting a very raw deal, that’s all.
research reveals that 52% of Gen Z professionals are intentionally avoiding management positions. Interestingly, a significant 69% perceive middle management as a role characterized by high-stress levels and minimal rewards,
research reveals that 52% of Gen Z professionals are intentionally avoiding management positions. Interestingly, a significant 69% perceive middle management as a role characterized by high-stress levels and minimal rewards,
That’s interesting- I can identify, I get paid what I do not for ability but for the amount of shit I can deal with without folding
That’s an ability.
This is because it’s usually the level that gets redundant first.research reveals that 52% of Gen Z professionals are intentionally avoiding management positions. Interestingly, a significant 69% perceive middle management as a role characterized by high-stress levels and minimal rewards,
similar here and although I'm paid well, I am salary paid so for the hours I do it's probably not great (*unless you discount the hours I waste on fekkin Sky Blues Talk of course!)That’s interesting- I can identify, I get paid what I do not for ability but for the amount of shit I can deal with without folding
That’s true, but then when you inevitably have a party geared towards them and not the working class it’s creates anger that the workers are being shafted time and time again.
Only to be told cut out the Netflix and avocados. It’s tone deaf ignoring the concerns of the people who pay their pensions.
the phrase “they’ve paid into their pensions all their life” is bollocks - you paid in for the previous generation not your own.
now the biggest voting block is being shafted it’s “won’t someone think of the pensioners” why should they when they’ve been sticking two fingers up to everyone else previously
This is because it’s usually the level that gets redundant first.
on top of that it’s minimal pay for the added work load. It’s a no brainer. Now if the pay matched the effort required then maybe people would take them
similar here and although I'm paid well, I am salary paid so for the hours I do it's probably not great (*unless you discount the hours I waste on fekkin Sky Blues Talk of course!)
I think retail is brilliant for the young and I would encourage all of them to try it. I'm currently trying to persuade my daughter who is in sixth form to apply. Most won't want to forge a career in retailing, some will, but it's such a grounding for so many other jobs.In most low level jobs like retail it’s an absolute poisoned chalice.
I think retail is brilliant for the young and I would encourage all of them to try it. I'm currently trying to persuade my daughter who is in sixth form to apply. Most won't want to forge a career in retailing, some will, but it's such a grounding for so many other jobs.
Apart from simple appreciation of work and responsibility, you have invaluable customer interaction, learn about cash, ledgers, stock replenishment, teamwork, sales, ordering, pricing, budgeting, margins so, so much at such a low introductory. It's like a small taster of everything. If the worst you get out of it is 'I never want to do any of that again' then it has still been invaluable.
The pot it’s drawn from isn’t the same pot you’ve paid into though is it. It’s drawn from the current NI Pot of the time.The pension is realised by NI credits do the pension anyone received is generated by the tax they have paid
Finance is the same. They create positions then realise 2 years later they don’t need them.In most low level jobs like retail it’s an absolute poisoned chalice.
The pot it’s drawn from isn’t the same pot you’ve paid into though is it. It’s drawn from the current NI Pot of the time.
Agree. Tbh I dont know why they dont just call it all Income tax and instead of 20+10 it's 30 and goes to the same pot. It would actually be a good way of increasing higher up. Move the middle band up but then call it 50 as currently it's only 42 based on not paying NI at the higher threshold. We got the drop to 10 but still pay the 2% above 50k. Make the band 70k and then charge 50 at that rate (or 28/48 from April)It doesn’t matter. Youve paid NI which is contribution to a state pension entitlement - there isn’t an NI pot at all - just tax revenue
Agree. Tbh I dont know why they dont just call it all Income tax and instead of 20+10 it's 30 and goes to the same pot. It would actually be a good way of increasing higher up. Move the middle band up but then call it 50 as currently it's only 42 based on not paying NI at the higher threshold. We got the drop to 10 but still pay the 2% above 50k. Make the band 70k and then charge 50 at that rate (or 28/48 from April)
Then that’s the same isn’t it? If they decide one day they’re not paying pensions that’s it. I’m paying in tax revenue which is in turn paying today’s pensioners.It doesn’t matter. Youve paid NI which is contribution to a state pension entitlement - there isn’t an NI pot at all - just tax revenue
Finance is the same. They create positions then realise 2 years later they don’t need them.
Then that’s the same isn’t it? If they decide one day they’re not paying pensions that’s it. I’m paying in tax revenue which is in turn paying today’s pensioners.
I’m not disagreeing with comparison to Europe. What I’m saying is if they drop pensions (extreme take) that’s it.It isn’t the same at all as it’s a contract on retirement so as soon as you pay NI you are getting an entitlement on retirement age.
I also will again point out pensioners in the uk get a raw deal compared to European countries.
It isn’t the same at all as it’s a contract on retirement so as soon as you pay NI you are getting an entitlement on retirement age.
I also will again point out pensioners in the uk get a raw deal compared to European countries.
The difference I can see is that there is a clear qualifying requirement to have paid in at least 10 years NICs for minimal pension and 35 years for full, so there is a form of contract there. AFAIK there is no qualifying contribution period for other benefits.Lol no. NI isn’t hypothecated. You pay tax, including NI, and you get benefits in the form of state pension etc. benefits may go up as well as down like any other benefits.
If what you said was true then you could make the same argument about literally any benefit (UC/PIP/etc).
Don’t people need to have been in a middle management role in order to progress to senior management these days?This is because it’s usually the level that gets redundant first.
on top of that it’s minimal pay for the added work load. It’s a no brainer. Now if the pay matched the effort required then maybe people would take them
Lucky youthat’s one thing I don’t do any more- I’m gone at 5 and I don’t spend a single second thinking about work after that..
Appears I am now on less than the minimum wage!I used one on Guardian.
Budget 2024 calculator: find out if you are better or worse off
Use our interactive tool to see how you have been affected by the chancellor’s tax and spending announcementswww.theguardian.com
It would be interesting if it was possible to put the actual budget in to the "simulator" @shmmeee shared a little while ago to see whether Reeves got it as wrong as we all did
Nah - a lot of senior managers tend to delegate these types of roles to lower roles. Means they can push the responsibility but not pay them correctly.Don’t people need to have been in a middle management role in order to progress to senior management these days?
The difference I can see is that there is a clear qualifying requirement to have paid in at least 10 years NICs for minimal pension and 35 years for full, so there is a form of contract there. AFAIK there is no qualifying contribution period for other benefits.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?