Forum
127
Living minimum wage of $18.40
I for one support it.
Based mainly on the fact that it is driven via social and not legislative pressure but also that $13.50-$18.40 is sh1t money.
Some jobs simply aren't worth that much but I'd expect those to disappear.
--------------------------------
Local at nowhere, eternal blow in.
I agree with it. My bread and butter employment is with the Nelson Marlborogh DHB doing support work for intellectually disabled and thats about what it pays. Its Live-able. All my other work I charge near double that.
especially cashies 
nah not really, but maybe,
--------------------------------
Those are people who die die. They were all my friends, and they died.
I just did $1500 worth of property maintenance at only $20 per hour ( I've built dozens of houses as indentured apprentice and worked for Hawkins etc etc) for a bloke in St Heliers who has a 100 house plus rental empire down here and he won't pay,he only sent $100 supposedly for travelling expenses. He was on fair go or something like that a while back. Plus I shelled out for materials.
--------------------------------
@Roy_Stuart_NZ www.roystuart.biz
20 bux an hour is all good for mates tho Roy.
--------------------------------
Those are people who die die. They were all my friends, and they died.
*edited 15 Feb 2013 18:44
Originally posted by: Roy_Stuarttrue roy... i remember that case on fair go... edit spello
I just did $1500 worth of property maintenance at only $20 per hour ( I've built dozens of houses as indentured apprentice and worked for Hawkins etc etc) for a bloke in St Heliers who has a 100 house plus rental empire down here and he won't pay,he only sent $100 supposedly for travelling expenses. He was on fair go or something like that a while back. Plus I shelled out for materials.true roy... i remember that case on fair go...
still get offered $10 cash rates. they havent gone up in 15 years
--------------------------------
Negative thinking, positive doing
Originally posted by: toaster
still get offered $10 cash rates. they havent gone up in 15 years
haha the only peep i work ten buk cash for is my folks.
--------------------------------
Those are people who die die. They were all my friends, and they died.
Originally posted by: toaster
still get offered $10 cash rates. they havent gone up in 15 years
Doing what toaster?
I helped out a friend of a friend once doing a reasonably complicated but of computer work that saved him about a grand I didn't know the guy but told my mate I wouldn't charge him anything - just do it to help him out. The guy offered me 10 bucks for it!
15 years ago it was $10 for labouring/baking/painting and quite a few other things
now baking/painting/chopping firewood. I guess they are chancing it on someone being desperate for extra cash to pay for their big screens and new rims.
luckily I have a job which is sending me to the beach haven of christchurch on monday. much better cashie rates there I hear
--------------------------------
Negative thinking, positive doing
unless all this farkin meteor nonsense ( russia Im looking at you ) comes to something serious at 2:30 am on sunday.
--------------------------------
Negative thinking, positive doing
http://www.stuff.co.nz/world/8310799/Russia-showered-by-meteorite-rain [stuff.co.nz]
incase anyone missed it
--------------------------------
Negative thinking, positive doing
Originally posted by: downsouthOriginally posted by: toaster
still get offered $10 cash rates. they havent gone up in 15 years
Doing what toaster?
I helped out a friend of a friend once doing a reasonably complicated but of computer work that saved him about a grand I didn't know the guy but told my mate I wouldn't charge him anything - just do it to help him out. The guy offered me 10 bucks for it!
factory reset not that hard downsouth
--------------------------------
Those are people who die die. They were all my friends, and they died.
An $18.40 minimum wage would also aid socialism too by widening the benefit/work gap and making working a more glowing prospect for the 'work ethic-less' generation 
--------------------------------
In the world there is nothing more submissive and weak than water. Yet for attacking that which is hard and strong nothing can surpass it. Lao Tzu
Hussh Nellie don't be tellin everyone
People like me prey on others fear of the computer
Originally posted by: downsouth
Hussh Nellie don't be tellin everyone
People like me prey on others fear of the computer
"wow its like its brand new again, thanks Steve"
LoL
--------------------------------
Those are people who die die. They were all my friends, and they died.
I reckon that the minimum wage is fine as it is. Better for the government to directly help poor people with things like an accommodation supplement, family tax credits, subsidised child care, subsidised health care, subsidised public transport etc etc. The main problem with artificially high wages, as has been amply demonstrated in places like Spain and Greece is that you end up with very high unemployment and a large black market for goods and services. In conclusion I'm all for helping poor people, I just don't think an artificially high minimum wage is going to do it.
--------------------------------
Commodore Spud, Second in command to the Commander in Chief of the Sub 1000 armed forces. Sub 1000 committee secretary. Possibly the head of the Sub 1000 Secret Police. Re-instated Surf.Co Official Rark Judge. Winner of the 2012 people's choice SNAP award. Mayor of the Lyall Bay cruising toilets.
print mo money print mo moneys
--------------------------------
Those are people who die die. They were all my friends, and they died.
spud..if wages are higher for lower income earners then so would the tax return, which means more $'s for welfare..yes?
--------------------------------
XXIst sentry scribe
Plus its not an artificially high minimum wage thats for fu(ken sure
aussie wages are fair ours are not
NZ has the worst pay parity of any developed country another sign we are not developed
--------------------------------
In the world there is nothing more submissive and weak than water. Yet for attacking that which is hard and strong nothing can surpass it. Lao Tzu
Originally posted by: trailertrash
Plus its not an artificially high minimum wage thats for fu(ken sure
aussie wages are fair ours are not
NZ has the worst pay parity of any developed country another sign we are not developed
Australian wages are higher because their economy can support higher wages than ours. Basically their mineral wealth is a license to print money at the moment. Their economy is in better shape than ours because the stuff that they sell to the world is worth more than ours.
The value of an economy can be measured by taking the $US of everything the economy produces and dividing it by the number of people. If everything NZ produces is worth, for argument's sake $US 100 billion then our per capita income is $US 25000.00, or $NZ 29762.00 at the current exchange rate. If we were to decide, for arguments sake, to double everyone's salary in NZ then our per capita income in $NZ will be $NZ 59523.00. This would be great but the total output of the NZ economy in $US is still the same so all we have achieved in effect is to halve the value of the $NZ.
All this stuff has been tried by governments over the years. None of it works on anything other than a superficial level. If helping poor people was as simple as raising the minimum wage then everyone would be doing it. It doesn't work and and will only serve to distort the economy, create a black market for cheap (unregulated) labour and fuel unemployment.
I'm not saying we shouldn't be helping poor people. Income inequality is damaging to society and I'm quite happy to pay taxes to try to mitigate it. I'd happily pay more to be honest. I just think an artificially high minimum wage is a profoundly stupid idea.
--------------------------------
Commodore Spud, Second in command to the Commander in Chief of the Sub 1000 armed forces. Sub 1000 committee secretary. Possibly the head of the Sub 1000 Secret Police. Re-instated Surf.Co Official Rark Judge. Winner of the 2012 people's choice SNAP award. Mayor of the Lyall Bay cruising toilets.
Originally posted by: seeka
spud..if wages are higher for lower income earners then so would the tax return, which means more $'s for welfare..yes?
Yes and no.
--------------------------------
Commodore Spud, Second in command to the Commander in Chief of the Sub 1000 armed forces. Sub 1000 committee secretary. Possibly the head of the Sub 1000 Secret Police. Re-instated Surf.Co Official Rark Judge. Winner of the 2012 people's choice SNAP award. Mayor of the Lyall Bay cruising toilets.
im with spud. if anything the minimum wage should be less and itd be good to see the youth wage reintroduced.
Originally posted by: Spud
I reckon that the minimum wage is fine as it is. Better for the government to directly help poor people with things like an accommodation supplement, family tax credits, subsidised child care, subsidised health care, subsidised public transport etc etc. The main problem with artificially high wages, as has been amply demonstrated in places like Spain and Greece is that you end up with very high unemployment and a large black market for goods and services. In conclusion I'm all for helping poor people, I just don't think an artificially high minimum wage is going to do it.
I had a little bit of sick come up.when I read that.
--------------------------------
Local at nowhere, eternal blow in.
dont agree spud u nanny state
someone convince me jabes should be on 18 bucks n hour
Originally posted by: Drgl33t
someone convince me jabes should be on 18 bucks n hour
Damn jabes doesn't 'work' so is not included in the concept
--------------------------------
In the world there is nothing more submissive and weak than water. Yet for attacking that which is hard and strong nothing can surpass it. Lao Tzu
Originally posted by: SpudOriginally posted by: trailertrash
Plus its not an artificially high minimum wage thats for fu(ken sure
aussie wages are fair ours are not
NZ has the worst pay parity of any developed country another sign we are not developed
Australian wages are higher because their economy can support higher wages than ours. Basically their mineral wealth is a license to print money at the moment. Their economy is in better shape than ours because the stuff that they sell to the world is worth more than ours.
The value of an economy can be measured by taking the $US of everything the economy produces and dividing it by the number of people. If everything NZ produces is worth, for argument's sake $US 100 billion then our per capita income is $US 25000.00, or $NZ 29762.00 at the current exchange rate. If we were to decide, for arguments sake, to double everyone's salary in NZ then our per capita income in $NZ will be $NZ 59523.00. This would be great but the total output of the NZ economy in $US is still the same so all we have achieved in effect is to halve the value of the $NZ.
All this stuff has been tried by governments over the years. None of it works on anything other than a superficial level. If helping poor people was as simple as raising the minimum wage then everyone would be doing it. It doesn't work and and will only serve to distort the economy, create a black market for cheap (unregulated) labour and fuel unemployment.
I'm not saying we shouldn't be helping poor people. Income inequality is damaging to society and I'm quite happy to pay taxes to try to mitigate it. I'd happily pay more to be honest. I just think an artificially high minimum wage is a profoundly stupid idea.
What a load of sh!t spud
you pandering muppet how many times do you think about "Helping poor people" jesus your such a nice guy
are you getting your info off donkey or the nz employers association ?
it's not artificially high minimum wage it is a fair wage
by comparison with NZs management wages at the dreamy level they are ...$20 an hour is still a fair minimum wage
Australia has higher wages due to a mentality that sees a fair wage for a fair days work its about pay parity not "helping the poor" they would not be "poor" if not for "poor" wages
--------------------------------
In the world there is nothing more submissive and weak than water. Yet for attacking that which is hard and strong nothing can surpass it. Lao Tzu
*edited 17 Feb 2013 11:29
Originally posted by: Spud
I reckon that the minimum wage is fine as it is. Better for the government to directly help poor people with things like an accommodation supplement, family tax credits, subsidised child care, subsidised health care, subsidised public transport etc etc. The main problem with artificially high wages, as has been amply demonstrated in places like Spain and Greece is that you end up with very high unemployment and a large black market for goods and services. In conclusion I'm all for helping poor people, I just don't think an artificially high minimum wage is going to do it.
I don't think that's right spud who says that their wages were artificially high. unemployment is going up here its ( way ) up in Ireland and i think in unemployment in america is way up aswell. Around 20% or something I don't think it's because of artificially high wages. . It doesn't fit. .
--------------------------------
The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries. D rockefeller ˚Supranational- having power or influence that transcends national boundaries or governments:
My wife is a caregiver for the old and dying , $14.00 a hr . I can safley say we dont need the extra money and that it is a insult to all that work in the multi million dollor industry of looking after our older generation , this great country of ours sure has its priorities in place .
^haha, your keyboard must stink scoots cos that post was a load of rubbish. increase the minimum wage and you watch as the items that people consider necessities of life increase exponentially. ie burger king and mcdonalds.
i agree with you in regards to the ludicrous variation between the ave joe and the top dogs but the best the nz people can do is implement another tax bracket that is set at a higher rate.
ps: if you increase the minimum wage do you increase other wages/salaries at the same time? you do this and you watch small businesses fail. but you dont care about the small business man do ya scoots, as long as youve got a beast slaughter at the end of the day your all good.
Spuds right, unless you produce more you're not benefiting the economy at all.
I'd be all for it if employees were willing to forgo entitlements to compensate for the extra wages because my margins won't artificially increase to compensate. Perhaps they could give up a weeks compulsory annual leave entitlement or some of the 5 days sick leave that employers pay for that they don't work for and that way our productivity could actually increase and we could happily justify higher wages.
Perhaps our customers will want to pay higher prices for our services because they are so understanding that the staff deserve more pay.
All it would result in is inflation and no-one would be better off as a net result unless there's a trade off or an increase in productivity.
--------------------------------
www.finaltouch.co.nz Keeping your car shiny so that you can impress the ladies in the car park.
Originally posted by: SpudOriginally posted by: trailertrash
Plus its not an artificially high minimum wage thats for fu(ken sure
aussie wages are fair ours are not
NZ has the worst pay parity of any developed country another sign we are not developed
Australian wages are higher because their economy can support higher wages than ours. Basically their mineral wealth is a license to print money at the moment. Their economy is in better shape than ours because the stuff that they sell to the world is worth more than ours.
The value of an economy can be measured by taking the $US of everything the economy produces and dividing it by the number of people. If everything NZ produces is worth, for argument's sake $US 100 billion then our per capita income is $US 25000.00, or $NZ 29762.00 at the current exchange rate. If we were to decide, for arguments sake, to double everyone's salary in NZ then our per capita income in $NZ will be $NZ 59523.00. This would be great but the total output of the NZ economy in $US is still the same so all we have achieved in effect is to halve the value of the $NZ.
All this stuff has been tried by governments over the years. None of it works on anything other than a superficial level. If helping poor people was as simple as raising the minimum wage then everyone would be doing it. It doesn't work and and will only serve to distort the economy, create a black market for cheap (unregulated) labour and fuel unemployment.
I'm not saying we shouldn't be helping poor people. Income inequality is damaging to society and I'm quite happy to pay taxes to try to mitigate it. I'd happily pay more to be honest. I just think an artificially high minimum wage is a profoundly stupid idea.
Interesting you say that. It will go up then, since there is a currency war going on and countries are looking for a way to devalue their currency, i guess this is just one of the ways..
--------------------------------
The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries. D rockefeller ˚Supranational- having power or influence that transcends national boundaries or governments:
lets face it, they have designed the system to keep the rich rich and the poor poor. Not an accident, whatever you do someone always loses. debate till the cows come home, the system of money is unsustainable and catered to greed. We all adhere as long as we getting paid right gang?
Originally posted by: Dunga
^haha, your keyboard must stink scoots cos that post was a load of rubbish. increase the minimum wage and you watch as the items that people consider necessities of life increase exponentially. ie burger king and mcdonalds.
i agree with you in regards to the ludicrous variation between the ave joe and the top dogs but the best the nz people can do is implement another tax bracket that is set at a higher rate.
ps: if you increase the minimum wage do you increase other wages/salaries at the same time? you do this and you watch small businesses fail. but you dont care about the small business man do ya scoots, as long as youve got a beast slaughter at the end of the day your all good.
So a separate tax bracket for small business to aid them in paying a fair wage is a bridge too far dunga...
or do i have to lay out a whole policy cos its too difficult for you too think for yourself
your post stunk of your nzfirst colleagues mentality
guess you popped down the road and filled up on burgerking for lunch
--------------------------------
In the world there is nothing more submissive and weak than water. Yet for attacking that which is hard and strong nothing can surpass it. Lao Tzu
Originally posted by: JtahOriginally posted by: Spud
I reckon that the minimum wage is fine as it is. Better for the government to directly help poor people with things like an accommodation supplement, family tax credits, subsidised child care, subsidised health care, subsidised public transport etc etc. The main problem with artificially high wages, as has been amply demonstrated in places like Spain and Greece is that you end up with very high unemployment and a large black market for goods and services. In conclusion I'm all for helping poor people, I just don't think an artificially high minimum wage is going to do it.
I had a little bit of sick come up.when I read that.
Sorry about that.
--------------------------------
Commodore Spud, Second in command to the Commander in Chief of the Sub 1000 armed forces. Sub 1000 committee secretary. Possibly the head of the Sub 1000 Secret Police. Re-instated Surf.Co Official Rark Judge. Winner of the 2012 people's choice SNAP award. Mayor of the Lyall Bay cruising toilets.
Originally posted by: Father Ted
Spuds right, unless you produce more you're not benefiting the economy at all.
I'd be all for it if employees were willing to forgo entitlements to compensate for the extra wages because my margins won't artificially increase to compensate. Perhaps they could give up a weeks compulsory annual leave entitlement or some of the 5 days sick leave that employers pay for that they don't work for and that way our productivity could actually increase and we could happily justify higher wages.
Perhaps our customers will want to pay higher prices for our services because they are so understanding that the staff deserve more pay.
All it would result in is inflation and no-one would be better off as a net result unless there's a trade off or an increase in productivity.
Nzs workers productivity is one of the highest in the world
sadly we have some very bad management i'd also suggest bringing back fair redundancy packages to aid managers in keeping concentrating on good management rather than just googling the latest imini pad for the day and oggling the pay clerk.
--------------------------------
In the world there is nothing more submissive and weak than water. Yet for attacking that which is hard and strong nothing can surpass it. Lao Tzu
*edited 17 Feb 2013 13:04
Originally posted by: trailertrash
What a load of sh!t spud
you pandering muppet how many times do you think about "Helping poor people" jesus your such a nice guy
are you getting your info off donkey or the nz employers association ?
it's not artificially high minimum wage it is a fair wage
by comparison with NZs management wages at the dreamy level they are ...$20 an hour is still a fair minimum wage
Australia has higher wages due to a mentality that sees a fair wage for a fair days work its about pay parity not "helping the poor" they would not be "poor" if not for "poor" wages
He he, I thought that might get your goat a bit. I think we both agree that a large gap between rich and poor is bad for society. What we don't seem to agree on is what to do about it. I can't really be bothered arguing about it here. Internet arguments are pretty pointless. Maybe I'll see you in the surf some time and we can discuss things face to face. I'm a good listener.
--------------------------------
Commodore Spud, Second in command to the Commander in Chief of the Sub 1000 armed forces. Sub 1000 committee secretary. Possibly the head of the Sub 1000 Secret Police. Re-instated Surf.Co Official Rark Judge. Winner of the 2012 people's choice SNAP award. Mayor of the Lyall Bay cruising toilets.
Originally posted by: jelly
My wife is a caregiver for the old and dying , $14.00 a hr . I can safley say we dont need the extra money and that it is a insult to all that work in the multi million dollor industry of looking after our older generation , this great country of ours sure has its priorities in place .
It makes me angry that care-giver's are paid so little, but it's really just a reflection on the price the people who send their elderly to these institutions are prepared to pay. It's a sh1t sandwich but most people don't care about this sort of thing. This is an issue for society as a whole to deal with.
--------------------------------
Commodore Spud, Second in command to the Commander in Chief of the Sub 1000 armed forces. Sub 1000 committee secretary. Possibly the head of the Sub 1000 Secret Police. Re-instated Surf.Co Official Rark Judge. Winner of the 2012 people's choice SNAP award. Mayor of the Lyall Bay cruising toilets.
Originally posted by: robyonder
*edited 17 Feb 2013 11:29Originally posted by: Spud
I reckon that the minimum wage is fine as it is. Better for the government to directly help poor people with things like an accommodation supplement, family tax credits, subsidised child care, subsidised health care, subsidised public transport etc etc. The main problem with artificially high wages, as has been amply demonstrated in places like Spain and Greece is that you end up with very high unemployment and a large black market for goods and services. In conclusion I'm all for helping poor people, I just don't think an artificially high minimum wage is going to do it.
I don't think that's right spud who says that their wages were artificially high. unemployment is going up here its ( way ) up in Ireland and i think in unemployment in america is way up aswell. Around 20% or something I don't think it's because of artificially high wages. . It doesn't fit. .
From memory NZ's unemployment rate is around 6.9%. Spain's is 26.6%, Greece has 26.0% and France has 10.5%. All three countries have highly unionized work forces that keep wages pretty high... for those that can find a job. The rest either have no job or exist in the black market.
My point is it's better to get as many people as possible working and contributing to the country while redistributing wealth from the rich to the poor via the tax system. I'm a fairly classic social democrat really.
--------------------------------
Commodore Spud, Second in command to the Commander in Chief of the Sub 1000 armed forces. Sub 1000 committee secretary. Possibly the head of the Sub 1000 Secret Police. Re-instated Surf.Co Official Rark Judge. Winner of the 2012 people's choice SNAP award. Mayor of the Lyall Bay cruising toilets.
Originally posted by: trailertrash
guess you popped down the road and filled up on burgerking for lunch
yea, i was just thinkin how good a cut of meat you left on the floor to be processed for the paddy.
thing is with a lowered minimum wage, it could mean an employer is able to hire more staff. also, it could mean that the govt could look into subsidisin those on lower wages more due to the increase in those gettin off their rear.
ps: i voted labour and will vote abour again unless a decent middle man party came about. its either a party lookin after the rich, lookin after the poor or just lookin rediculous (NZ1st).
Originally posted by: SpudOriginally posted by: jelly
My wife is a caregiver for the old and dying , $14.00 a hr . I can safley say we dont need the extra money and that it is a insult to all that work in the multi million dollor industry of looking after our older generation , this great country of ours sure has its priorities in place .
It makes me angry that care-giver's are paid so little, but it's really just a reflection on the price the people who send their elderly to these institutions are prepared to pay. It's a sh1t sandwich but most people don't care about this sort of thing. This is an issue for society as a whole to deal with.
Check out the Bullsh!t i highlighted
Check out what retirement homes charge and earn in profits
then tell me again spud if it's the family or the business who don't care about the elderly
--------------------------------
In the world there is nothing more submissive and weak than water. Yet for attacking that which is hard and strong nothing can surpass it. Lao Tzu
agreed trash man although anyone who puts their parents in a home is just selfish imho
Originally posted by: Dunga
thing is with a lowered minimum wage, it could mean an employer is able to hire more staff. also, it could mean that the govt could look into subsidisin those on lower wages more due to the increase in those gettin off their rear.
.
An employer earning more does not mean they will employ more staff most will invest in new plant and get the tax back
why should a govt subsidies capitalism ? capitalists should have an ethical view in their society .
people will work harder when they have
job security (good managers)
and good conditions (plant)
and good wages (it always comes third on the list in surveys)
guess the above proves 99.9% of employees are more intelligent than dunga
--------------------------------
In the world there is nothing more submissive and weak than water. Yet for attacking that which is hard and strong nothing can surpass it. Lao Tzu
Originally posted by: Drgl33t
agreed trash man although anyone who puts their parents in a home is just selfish imho
Agreed true selfish culture
--------------------------------
In the world there is nothing more submissive and weak than water. Yet for attacking that which is hard and strong nothing can surpass it. Lao Tzu
Originally posted by: trailertrash
Check out what retirement homes charge and earn in profits
I can't seem to find that information. You obviously know the answer to this. How much do retirement homes earn in profits?
--------------------------------
Commodore Spud, Second in command to the Commander in Chief of the Sub 1000 armed forces. Sub 1000 committee secretary. Possibly the head of the Sub 1000 Secret Police. Re-instated Surf.Co Official Rark Judge. Winner of the 2012 people's choice SNAP award. Mayor of the Lyall Bay cruising toilets.
Originally posted by: trailertrashOriginally posted by: Drgl33t
agreed trash man although anyone who puts their parents in a home is just selfish imho
Agreed true selfish culture
to an extent, what happens when they get dementia and need 24 hour care and you gotta go to work, let lil johnny do it? lock them inside a room till you get home?
Originally posted by: trailertrashOriginally posted by: SpudOriginally posted by: jelly
My wife is a caregiver for the old and dying , $14.00 a hr . I can safley say we dont need the extra money and that it is a insult to all that work in the multi million dollor industry of looking after our older generation , this great country of ours sure has its priorities in place .
It makes me angry that care-giver's are paid so little, but it's really just a reflection on the price the people who send their elderly to these institutions are prepared to pay. It's a sh1t sandwich but most people don't care about this sort of thing. This is an issue for society as a whole to deal with.
Check out the Bullsh!t i highlighted
Check out what retirement homes charge and earn in profits
then tell me again spud if it's the family or the business who don't care about the elderly
You are right on the money there trash .
The tight old prick that owns it has his helicopter and sports cars to worry about spudder , not the staff . He employs A lot of Indians to work there because they are cheap and will do as many shifts as poss with there long shifts comes tiredness , crap work ethics and mistakes , the poor old farts and family pay big money for shi7 returns because of the NZ minimum wage .
The real issue is devaluation of the currency, when that happens wages go down in terms of buying power.
--------------------------------
@Roy_Stuart_NZ www.roystuart.biz
Yeah I think Roy if some employers had a good look at themselves and paid a more reasonable wage, I heard of a HT truck driver on $16phr, you wouldn't see a huge devaluation of the currency.
I'd like to think if labour became more expensive managers would have to use their human capital more effectively. Maybe even look at realigning their business processes to become more productive with less people. Automatic check outs in the supermarket are a case in point.
I'm for the increase! Private enterprise should be taking the slack and not government.
--------------------------------
Local at nowhere, eternal blow in.
Originally posted by: SpudOriginally posted by: trailertrash
Check out what retirement homes charge and earn in profits
I can't seem to find that information. You obviously know the answer to this. How much do retirement homes earn in profits?
you didn't even try cos you don't want to challenge your beliefs
The premium market rating already enjoyed by RYM implies that it can sustain its competitive advantage and high returns on invested capital for a long period and we are confident that this will occur. It has not only compelling demographics working in its favour, but it is a market leader in a relatively young industry. These factors mean it is unparalleled as a sustainable long-term NZ-focused growth story.
Jeremy Simpson, Equity analyst, Forsyth Barr
We view RYM as NZ's best operator in a secular (multi-decade) growth industry. The company's business model is exceptionally capital efficient delivering high returns on shareholder funds.
Matt Henry, Equity analyst, Goldman Sachs JBWere
We believe RYM is a quality growth story with a defensive business model and a strong earnings outlook, and it is a key player in a sector with a favourable growth profile. The company is well managed with an enviable track record of earnings and dividend growth, and strong cash flow generation.
Michelle Perkins, Research analyst, Craigs Investment Partners
Since listing in June 1999, Ryman Healthcare has delivered its shareholders a total return, which includes share price appreciate and dividends, of 1,043%, or 24.3%pa. By cracking the 1000% mark (i.e. returning 10 times the original investment) brokers will, with a good deal of admiration, refer to Ryman as a’10-bagger’.
Craigs Investment Partners
Bet jellys wife hasn't had a 24% wage increase over the last 10 years
--------------------------------
In the world there is nothing more submissive and weak than water. Yet for attacking that which is hard and strong nothing can surpass it. Lao Tzu
Mouthy employee's like Trash should have their tongues cut out... all me ,me, I, I
nope flat batt
its about the other
you wouldn't notice that cos your the only person in your reality
--------------------------------
In the world there is nothing more submissive and weak than water. Yet for attacking that which is hard and strong nothing can surpass it. Lao Tzu
And your hands too...
sounds a bit boring in the world you rule batts
thank god your world is only the 2 cubic mm between your ears
--------------------------------
In the world there is nothing more submissive and weak than water. Yet for attacking that which is hard and strong nothing can surpass it. Lao Tzu
Originally posted by: Jtah
Yeah I think Roy if some employers had a good look at themselves and paid a more reasonable wage, I heard of a HT truck driver on $16phr, you wouldn't see a huge devaluation of the currency.
Higher wages don't devalue the currency,the happen in response to devaluation. Devaluation is simply more currency in circulation.
--------------------------------
@Roy_Stuart_NZ www.roystuart.biz
Originally posted by: trailertrash
sounds a bit boring in the world you rule batts
thank god your world is only the 2 cubic mm between your ears
Hey Trash im the Richard Arkwright of town... you should have stayed, I need a large foreman with a poisonous tongue...
Originally posted by: bionic chronicno thats when euthanasia is applied.Originally posted by: trailertrashOriginally posted by: Drgl33t
agreed trash man although anyone who puts their parents in a home is just selfish imho
Agreed true selfish culture
to an extent, what happens when they get dementia and need 24 hour care and you gotta go to work, let lil johnny do it? lock them inside a room till you get home?
Originally posted by: Drgl33t
someone convince me jabes should be on 18 bucks n hour
hey why should i have to take a pay cut to pay for the other people
--------------------------------
Chairman of the sub 1000
Originally posted by: Drgl33t
someone convince me jabes should be on 18 bucks n hour
All right ill have a go. Businesses do 5 things, or a subset of.
1)create something of value.
2) market that value
3) make sales
4) deliver the value
5) finance steps 1-4.
If Jabes does anything from 1-4 that is equal to or greater than 18.40*3 in the wash up pf 5. Then he deserves 18.40.
NB apply your own value multiplier to the formula if your required ROI is higher or lower than mine.
--------------------------------
Local at nowhere, eternal blow in.
Originally posted by: trailertrashOriginally posted by: SpudOriginally posted by: trailertrash
Check out what retirement homes charge and earn in profits
I can't seem to find that information. You obviously know the answer to this. How much do retirement homes earn in profits?
you didn't even try cos you don't want to challenge your beliefs
The premium market rating already enjoyed by RYM implies that it can sustain its competitive advantage and high returns on invested capital for a long period and we are confident that this will occur. It has not only compelling demographics working in its favour, but it is a market leader in a relatively young industry. These factors mean it is unparalleled as a sustainable long-term NZ-focused growth story.
Jeremy Simpson, Equity analyst, Forsyth Barr
We view RYM as NZ's best operator in a secular (multi-decade) growth industry. The company's business model is exceptionally capital efficient delivering high returns on shareholder funds.
Matt Henry, Equity analyst, Goldman Sachs JBWere
We believe RYM is a quality growth story with a defensive business model and a strong earnings outlook, and it is a key player in a sector with a favourable growth profile. The company is well managed with an enviable track record of earnings and dividend growth, and strong cash flow generation.
Michelle Perkins, Research analyst, Craigs Investment Partners
Since listing in June 1999, Ryman Healthcare has delivered its shareholders a total return, which includes share price appreciate and dividends, of 1,043%, or 24.3%pa. By cracking the 1000% mark (i.e. returning 10 times the original investment) brokers will, with a good deal of admiration, refer to Ryman as a’10-bagger’.
Craigs Investment Partners
Bet jellys wife hasn't had a 24% wage increase over the last 10 years
Sounds pretty profitable. I reckon tax the guy that runs it more and redistribute that wealth to low income earners.
--------------------------------
Commodore Spud, Second in command to the Commander in Chief of the Sub 1000 armed forces. Sub 1000 committee secretary. Possibly the head of the Sub 1000 Secret Police. Re-instated Surf.Co Official Rark Judge. Winner of the 2012 people's choice SNAP award. Mayor of the Lyall Bay cruising toilets.