Only by putting a proposal forward can others then contribute ideas, thoughts and suggestions. Who knows - maybe by this announcement we will see a working group of good business leaders coming together and in time advising this and future governments.
Isn't Justin King part of such a working group? And he thinks its s stupid idea.
Engaging, discussing and suggesting ideas has to be a good thing, even if at early stages the ideas are flawed.
Not when this is merely the least unpalatable part of numerous suggestions drawn up by someone who donates vast amounts to the Tory party, and made most of his fortune on a legal loan sharking company that preys on the desperate. Have you read any of his other suggestions?
Again you are merely focusing on the supposed incentive side of the scheme, but as you point out with the JL scheme there is no problem or legal barrier to already doing something of this nature.
All that is new in this proposal is the trading of basic rights for promises of future carrots.
Not when this is merely the least unpalatable part of numerous suggestions drawn up by someone who donates vast amounts to the Tory party, and made most of his fortune on a legal loan sharking company that preys on the desperate. Have you read any of his other suggestions?
Read a lot of things he suggests and to be honest, don't like them. But to reach a proper conclusion, all sides need to be heard or else you are effectively censoring someone whose opinions you don't like.
Again you are merely focusing on the supposed incentive side of the scheme, but as you point out with the JL scheme there is no problem or legal barrier to already doing something of this nature.All that is new in this proposal is the trading of basic rights for promises of future carrots.
So wouldn't it be good if someone from JL now came forward proactively, to show examples of how schemes like this [i]can [/i]be done well, and in turn grow business & create wealth?
Yes the potential incentive side of this is very good - it's the other side of the coin that's not so great. And that is hopefully something that can be worked out if the right people are brought to the table to consult further.
Are you really not getting this, incentive schemes already exist, this has nothing to do with incentive it is about trading away rights for promisses, that is the proposal, everything you are trying to sell as a positive already exists.
Are you really not getting this, incentive schemes already exist, this has nothing to do with incentive it is about trading away rights for promisses, that is the proposal, everything you are trying to sell as a positive already exists.
andyrm. One thing.
working hard & smart I have positioned myself as pretty indispensible to the overall organisation
Don't kid yourself. No one is indispensible.
You are also being incredibly naive if you think that this is being put forward to benefit the employees.
Don't kid yourself. No one is indispensible.
Note the word "pretty". Although as highest revenue generator by a factor of 40%, with a £1.1Mpa revenue stream and a track record of developing teams with fast growth curves, I am as safe as safe can be in any industry. 🙂 Short of a massive direction change, which is extremely unlikely given the 5 year plan, things are pretty solid.
Are you really not getting this, incentive schemes already exist, this has nothing to do with incentive it is about trading away rights for promisses, that is the proposal, everything you are trying to sell as a positive already exists.
Again as I have said, maybe this proposal will serve to encourage discussion within organisations about how they can make something work. But I totally see that the "trading in" aspect is something people would be uncomfortable with to say the least.
OK it's pretty clear you don't understand the proposal, and just want to pretend its something completely different.
But to reach a proper conclusion, all sides need to be heard or else you are effectively censoring someone whose opinions you don't like.
Well my opinions on this are censored pretty effectively then. Strangely they don't seem to hold as much weight as those of someone who's donated over half a million to the Tory party.
Well my opinions on this are censored pretty effectively then. Strangely they don't seem to hold as much weight as those of someone who's donated over half a million to the Tory party.
So I guess the challenge is working out how to put ideas like this to a workforce and then feeding it back to central government policymakers. Probably the way it should be done would be for the big employers to put together an independent working group, put proposals to their respective employees and then pitch back to government re: tax breaks in return for employee share schemes perhaps?
By definition, someone who donates will have greater influence than someone who doesn't, so it's a case of finding a way to represent those who don't, so that all voices are heard.
Companies aren't not hiring because of employment legislation - rather the (global) economy is on it's knees and no-one's spending any money. Once companies can grow, they will be able to hire - see also being able to borrow money from the banks we bailed out/subsidise...
Surely Osborne would be better placed encouraging companies to pay a living wage, rather than a pittance which is then propped up by Tax Credits etc?
Companies aren't not hiring because of employment legislation - rather the (global) economy is on it's knees and no-one's spending any money.
Nail. Head.
Tax breaks for manufacturing & skilled industries would make it easier for these companies to become competitive in a global marketplace again and so grow & in time, hire. The shift from "making" is a significant part of what went wrong here.
Companies aren't not hiring because of employment legislation - rather the (global) economy is on it's knees and no-one's spending any money.
Which is why this proposal is nonsense. It's not about encouraging SMEs to hire, it's about making people like Adrian Beecroft even richer (which will also keep the donations rolling in nicely).
Maybe is not a bad deal
Wonder what the employment rights are in Brazil, Russia , India and China?
Maybe is not a bad dealWonder what the employment rights are in Brazil, Russia , India and China?
Yep its a race to the bottom.
Yes we should be more like these marvellously dynamic 'BRIC' countries.
http://www.guardian.co.uk/world/2011/aug/19/corruption-india-anna-hazare
http://www.guardian.co.uk/world/2012/oct/10/brazilian-presidential-aide-guilty-corruption
http://www.bbc.co.uk/news/world-asia-china-19843176
http://www.bbc.co.uk/news/business-18622833
I'm sure our current government agrees.
its a race to the bottom.
+1
Hmm, race to the bottom...
we're not really doing very well in this race are we then?
You know, looking out the window, it doesn't really look much like China or India does it?
The race to the bottom has been going on for decades, but the people in the race are the manufacturers, not the governments
look where your clothing is manufactured, look where your bike components are made - but go on, keep blaming the government, don't accept responsibility yourself, keep buying the carbon fibre frames made by teenage girls in China rather than the one made by craftsmen in Europe, and keep blaming someone else...
Although as highest revenue generator by a factor of 40%, with a £1.1Mpa revenue stream and a track record of developing teams with fast growth curves
Tell me you didn't say that with a straight face. Seriously, do you use those sort of phrases in real life?
