Re:UK pay falls at fastest rate on record as inflation hits
by jodrellblank on Tuesday July 19, 2022 @09:58AM
(#32151520)
UBI isn't paying people not to work, it's paying people regardless of work ("Universal" meaning it's not means tested, not lmited to just unemployed people or just disabled or etc). Benefits stop paying if people start working, even if the work pays less than the benfits.
> "The result is predictable: many firms cannot compete against the state paying people not to work."
Maybe many firms could stop abusing employees to extract money for record profits and instead compete on being decent places to work where people want to work because they feel like they are adding value to the world rather than being exploited and trapped.
Management Consulting is the fourth most profitable industry in the entire UK, how are so many companies so badly managed??
> "The result is predictable: many firms cannot compete against the state paying people not to work."
Maybe many firms could stop abusing employees to extract money for record profits and instead compete on being decent places to work where people want to work because they feel like they are adding value to the world rather than being exploited and trapped.
Management Consulting is the fourth most profitable industry in the entire UK, how are so many companies so badly managed??
https://www.ibisworld.com/united-kingdom/industry-trends/mos...