Jump to content
House Price Crash Forum

Squeeze On Salaries


Recommended Posts

0
HOLA441

Just overheard a conversation between three housing officers who work for different housing associations.

They all said they were busier than ever before, but all shared the same complaints. One was very specific on the figures.

Salary to be reduced from £27k to £23.5k and car allowance withdrawn. Area management consolidated, so one manager covers three areas, on a salary reduced from £44k to £36k.

Company properties are being sold, and workers have to relocate.

Everybody has to reapply for their jobs, and if they refuse they'll be let go without redundancy payments.

Link to comment
Share on other sites

1
HOLA442

Ill add the going rate for MS office skills, some literacy ability stands at the princely some of £7hr. This used to be around £10-11 hour 6 years ago.

The race to minimum wage continues. In retrospect the mortgage health warning should not have been 'House values can go up as well as down.' but rather 'Your salary will drop for the foreseeable future'

Link to comment
Share on other sites

2
HOLA443
3
HOLA444

Just overheard a conversation between three housing officers who work for different housing associations.

They all said they were busier than ever before, but all shared the same complaints. One was very specific on the figures.

Salary to be reduced from £27k to £23.5k and car allowance withdrawn. Area management consolidated, so one manager covers three areas, on a salary reduced from £44k to £36k.

Company properties are being sold, and workers have to relocate.

Everybody has to reapply for their jobs, and if they refuse they'll be let go without redundancy payments.

Yep the Basics for HPI is being erroded away.

House prices rise because wages rise.

Link to comment
Share on other sites

4
HOLA445
5
HOLA446
6
HOLA447
7
HOLA448

Everybody has to reapply for their jobs, and if they refuse they'll be let go without redundancy payments.

I'd like to see that stand up in court. Not applying for a job isn't the same as resigning your current position. If your current post is made redundant, then you're due redundancy payments if you're not offered an equivalent post.

Link to comment
Share on other sites

8
HOLA449

I'd like to see that stand up in court. Not applying for a job isn't the same as resigning your current position. If your current post is made redundant, then you're due redundancy payments if you're not offered an equivalent post.

Could be statutory redundancy, which is quite frankly f-all.

Still.. we seem to be going from 'Management/owners get huge rises, workers get tiny rises' to 'Management/owners get huge rises, workers get pay cuts'. Something will break at some point.

Link to comment
Share on other sites

9
HOLA4410

Ill add the going rate for MS office skills, some literacy ability stands at the princely some of £7hr. This used to be around £10-11 hour 6 years ago.

The race to minimum wage continues. In retrospect the mortgage health warning should not have been 'House values can go up as well as down.' but rather 'Your salary will drop for the foreseeable future'

My partner had to forward a spreadsheet in excel to someone the other day, she didn't know what that was. I know a large amount of people without basic office skills in the workplace, thankfully not where I am now :)

Link to comment
Share on other sites

10
HOLA4411

Or borrowed funds rise. Cash rich foreign buyers rise. Confidence rises. Rents yield rise. Unemployment falls. ;)

Never heard of a lender giving anyone a Mortgage because you are feeling Confident.

Yes thats right Mr Banker i cannot afford to repay a Mortgage but i am feeling CONFIDENT :lol:

Rents yield rise :lol:

Edited by awaytogo
Link to comment
Share on other sites

11
HOLA4412

Never heard of a lender giving anyone a Mortgage because you are feeling Confident.

Yes thats right Mr Banker i cannot afford to repay a Mortgage but i am feeling CONFIDENT :lol:

Rents yield rise :lol:

Don't know, from 2003-2007 that was the standard IO repayment plan..

Link to comment
Share on other sites

12
HOLA4413
13
HOLA4414

I'd like to see that stand up in court. Not applying for a job isn't the same as resigning your current position. If your current post is made redundant, then you're due redundancy payments if you're not offered an equivalent post.

My thoughts exactly, but if they didin't take the precaution of belonging to a union, they are unlikely to get it to court themselves whilst coping with looking for work and keeping their homes and families together.

Link to comment
Share on other sites

14
HOLA4415
15
HOLA4416

I think ive mentioned it before but a job i took five years ago for a while straight after uni that paid £17k in late 2006 was offering (same company, same role, same hours) £14k in late 2010 (saw ad in paper)

Things are tough if you're not a whiny public sector type.

Is it the public sector wages that are to high or the private sector which are to low, from your own post it is the latter which are falling.

Link to comment
Share on other sites

16
HOLA4417

Why the argument public sector verses private sector . Look around you and you will see that wages in both sectors for many have been dropping in real terms for years , due to three main reasons.

1. The annual pay increases have not kept pace with the rising cost's due to the inflation lies .

2. As people have retired/left/died new people have been employed at lower rates of pay and worse conditions. This has happened in both the public and private sector , not all public sector jobs are cushy numbers paying £50k to tick boxes.

3. Companies have out sourced many jobs either here or abroad to people earning less and or employ people on short term contracts from agencies.

This has been happening for years , but people with kids have not noticed that much as they got quite a lot of money in Tax Credits to compensate. Even those not getting tax credits felt well off as their houses were rising in value and they could get cheap credit to keep up their standard of living. For many whatever their circumstances they did not notice that much , things seemed good for a long time.

Now with prices rising at such a fast pace , wages falling or staying the same , the credit being withdrawn and demands for repayment , throw in the tax rises both stealth and direct and people are starting to feel the pain.

Edited by miko
Link to comment
Share on other sites

17
HOLA4418

Why the argument public sector verses private sector . Look around you and you will see that wages in both sectors for many have been dropping in real terms for years , due to three main reasons.

1. The annual pay increases have not kept pace with the rising cost's due to the inflation lies .

2. As people have retired/left/died new people have been employed at lower rates of pay and worse conditions. This has happened in both the public and private sector , not all public sector jobs are cushy numbers paying £50k to tick boxes.

3. Companies have out sourced many jobs either here or abroad to people earning less and or employ people on short term contracts from agencies.

This has been happening for years , but people with kids have not noticed that much as they got quite a lot of money in Tax Credits to compensate. Even those not getting tax credits felt well off as their houses were rising in value and they could get cheap credit to keep up their standard of living. For many whatever their circumstances they did not notice that much , things seemed good for a long time.

Now with prices rising at such a fast pace , wages falling or staying the same , the credit being withdrawn and demands for repayment , throw in the tax rises both stealth and direct and people are starting to feel the pain.

Yes, that makes sense and I am also seeing that.....fewer jobs with more demand means more people applying for each vacant position....firms can then pay a lower wage initially because there will always, for the majority of jobs be someone who will take the money offered to them....

Link to comment
Share on other sites

18
HOLA4419
19
HOLA4420

I'd like to see that stand up in court. Not applying for a job isn't the same as resigning your current position. If your current post is made redundant, then you're due redundancy payments if you're not offered an equivalent post.

It would be an employment tribunal not a court and yes the alternative is statutory which won't be worth a hell of a lot.

Big money can be made though unless they get the selection criteria spot on.

If for example someone was chosen for redundancy cos they are were a Jewish afro Caribbean with one leg then very probably the shit would fly.....

Link to comment
Share on other sites

20
HOLA4421
21
HOLA4422

Why the argument public sector verses private sector . Look around you and you will see that wages in both sectors for many have been dropping in real terms for years , due to three main reasons.

1. The annual pay increases have not kept pace with the rising cost's due to the inflation lies .

2. As people have retired/left/died new people have been employed at lower rates of pay and worse conditions. This has happened in both the public and private sector , not all public sector jobs are cushy numbers paying £50k to tick boxes.

3. Companies have out sourced many jobs either here or abroad to people earning less and or employ people on short term contracts from agencies.

This has been happening for years , but people with kids have not noticed that much as they got quite a lot of money in Tax Credits to compensate. Even those not getting tax credits felt well off as their houses were rising in value and they could get cheap credit to keep up their standard of living. For many whatever their circumstances they did not notice that much , things seemed good for a long time.

Now with prices rising at such a fast pace , wages falling or staying the same , the credit being withdrawn and demands for repayment , throw in the tax rises both stealth and direct and people are starting to feel the pain.

That sums it up well. Chilling.

Link to comment
Share on other sites

22
HOLA4423

Why the argument public sector verses private sector . Look around you and you will see that wages in both sectors for many have been dropping in real terms for years , due to three main reasons.

1. The annual pay increases have not kept pace with the rising cost's due to the inflation lies .

2. As people have retired/left/died new people have been employed at lower rates of pay and worse conditions. This has happened in both the public and private sector , not all public sector jobs are cushy numbers paying £50k to tick boxes.

3. Companies have out sourced many jobs either here or abroad to people earning less and or employ people on short term contracts from agencies.

This has been happening for years , but people with kids have not noticed that much as they got quite a lot of money in Tax Credits to compensate. Even those not getting tax credits felt well off as their houses were rising in value and they could get cheap credit to keep up their standard of living. For many whatever their circumstances they did not notice that much , things seemed good for a long time.

Now with prices rising at such a fast pace , wages falling or staying the same , the credit being withdrawn and demands for repayment , throw in the tax rises both stealth and direct and people are starting to feel the pain.

The decline in earnings is also why much of the debt owed by individuals, businesses and governments in the west will be defaulted. The money is simply not their in profits, wages or taxes to pay it.

Bad for tribe but also bad for big chiefs too.

Link to comment
Share on other sites

23
HOLA4424
24
HOLA4425

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    • No registered users viewing this page.




×
×
  • Create New...

Important Information