This policy is a prime example of Green policies which damage the environmental cause.

Sure you can increase the minimum wage. You’ll put a lot of small businesses out of business, prices witll rise, after a short time inflation will increase to the point where the new minimum wage has the same purchasing power as the old one did.

Most of our problems are caused by low productivity. In part because of inefficient work practices and because we don’t have enough high earning sectors.

Luxembourgers have nearly 3 times our income. Ask yourselves why.

I’m an environmentalist but I will not vote Green until you stick to the knitting. Do you guys want to save the planet or not? Social engineering is not going to stem climate change.

How many more non-socialists are turned off by your fruitcake economics?

You want to know why we have a low wage economy? Ask Dr Paul Callaghan or look here:
http://www.mistywindow.co.nz/economy/gdp-&-productivity.htm

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Kevyn

I’ve had a peek… by reason of just being old enough to have heard them do it… (the invisible engineer) it is who they know, who is on their board of directors and how much they think they can get away with. With the stockholders meetings being a charade of FPP voting and financial shenanigans to buy power the whole setup is corrupt as hell.

These guys do NOT “earn” money. They steal it pretty effectively but and occasionally they make it by making a deal, but value for money? Not if they worked 10 times as hard. It’s hard to build a good business (other than a farm) on a foundation of fertilizer.

respectfully
BJ

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Maybe the average CEOs remunerationhas grwon twice as quickly as the workers simply because of mergers and aquisitions. When a smaller company is swallowed by a larger company the smaller CEOs sallary disappears and the bigger CEOs salary stays or may even get bigger because the comapny has got bigger.

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Like I said….

http://www.bloomberg.com/apps/news?pid=20601087&sid=aVUE96d.HKyw

I should add

Wow!

respectfully
BJ

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Question
Has the minimum wage kept pace with the average wage over the past nine years?
We can be assured that BB has rewarded himself at a rate GREATER than he rewards his workers. But that is only fair. After all his needs are greater than theirs.

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BB, you do not hire fat sheilas? If I knew who you were (and could turn myself into a fat sheila) I would be very interested in applying to you for a job….

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The problem is that the thing that makes a good CEO isn’t the quality of the decisions that come from the office. It is the quality of the connections the CEO has in his personal network.

That’s painfully obvious when you look at the hiring of such people in the States. I have no reason to believe the process is different here.

That this relates to the successful running of the company in “normal” times isn’t clear. In times when governments are pumping credit and growing economies the way most of the OECD has been doing, competing for the biggest GDP, it’s the “players” who prosper and the quality of their decisions is almost irrelevant. In a downturn the quality of decisions is paramount and the quality of the “network” is becoming quickly and vastly less relevant. Which has IMAO some relationship to the nature of the troubles suffered by so many businesses in the past couple of months.

We are paying them for the quality of their decisions? I think not.

BJ

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big bro – some insider information – any green knows that when the accusation of criminality (ie. you’re a dope smoker!) comes, it signals that the accusor has lost the argument. In a way I’m sad that you’ve conceded, but there will be other fights! Have you been good to your word and apologised to Valis? Do you have the mettle?

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oh, there is no problem finding people willing to be CEO’s, even qualified ones coming out of our business schools in vast numbers; the point is that it is hard to find half decent CEO’s.
there are no bad schools as such, mearly bad principles/CEO’s which make bad management decisions, employ bad teachers and drive away the good teachers and students.

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greenfly

Best you lay off the dope, it was a simple question and I would have thought you would be capable of answering it.

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ah! feigned ignorance! who’d have thought you’d play that card? You are the master, oh master!

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What for?

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that’s very interesting big bro – have you apologised to Valis yet?

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greenfly

I do not hire pinko’s.
I do not hire commies.
I do not hire climate change nutters.
I do not hire unionists.
I do not hire softball or league fans.
I do not hire people who wear their undies on the outside of their pants.
I do not hire people who own diesel cars or hybrids.
I do not hire people who use public transport.
I do not hire illegal drug users.
I do not hire fat Sheila’s.
I do not hire people who think that Pol Pot was a decent chap.

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but I’ll wear my undies out, Superbigbro! Will we be bustin’ nasty commies and evil socialists, Superbigbro, will we, will we ???

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We certainly have no end of rubbish applicants for executive positions. If we got rid of a management layer we could find the funds to attract better teachers. We coud do what they do in Japan and everyone take turns to be head of department (actually not a popular job because it is mostly admin.).

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greenfly

“big bro – please, please, please can I come and work for you, you seem such an enlightened employer!”

No you can’t, I only take the best and I happen to pay well above the award rate, the perks are also fantastic.

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“We have found it hard to get skilled teachers where I work”

That’s because all the good ones have left the profession, I bet you have no end of applicants who are rubbish.

There are good ones, but there are also crap schools which cause good ones to prefer temp work instead…

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Kiore1

“We have found it hard to get skilled teachers where I work”

That’s because all the good ones have left the profession, I bet you have no end of applicants who are rubbish.

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Actually I think a skilled or even semi-skilled worker is harder to replace than a CEO. We have found it hard to get skilled teachers where I work, but whenever we advertise for a management position all kinds of applicants come out of the woodwork. And it is not the workers who take more than they are entitled to, it is the CEOs. All of the teaching staff do a great deal of work to gain students and research funds, only to see much of it disappear in executives’ salaries. We had a period of about 15 months with no boss, and there was no drop in productivity; quite the contrary, we could actually get some work done, without having to go through endless management-ego-stroking meetings.

It was exactly the same in government, and here I have some sympathy with National wanting to cut dead wood. I am sure that they could get rid of one or two management levels in every government department and the whole place would run more efficiently. Unfortunately I don’t think that is the kind of pruning they have in mind.

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