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How do people survive on wages close to minimum wage?

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    #92
    Avatar MIA
    Closed Accounts Posts: 6,750 ✭✭✭Avatar MIA


    snowflaker wrote: »
    You can't buy youth I'm afraid, unless you can clone dead foetus cells and use them to regenerate your own body...

    So, you're saying there's a chance


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    #93
    lmimmfn
    Registered Users Posts: 3,553 ✭✭✭lmimmfn


    Gringo180 wrote: »
    The minmum wage is a disgrace. Clear just over 350 after tax. Hoe on earth can one survive on that especially in a city like Dublin. The tax payer yet again foots the bill with schemes like FIS instead of employers paying there workers a living wage.
    Realistically noone should be on min wage long term, I'm not trying to be an ass and i know people unfortunately have to survive on it but education is relatively cheap in Ireland and we shouldn't have to depend on min wage.


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    #94
    Gringo180
    Registered Users Posts: 9,205 ✭✭✭Gringo180


    Avatar MIA wrote: »
    Yeah, everyone should be on €80k per annum. Problem solved. Why hasn't anyone ever thought of this before.

    Yeah because thats the only alternative. There is a living wage of 11.50 in Ireland. That should be the minimum wage.


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    #95
    LC2017
    Registered Users Posts: 52 ✭✭LC2017


    OP what year of study are you in? What college are you in? What projects are you working on in your spare time?
    You'll need to be in a top course, get top marks in your class and have a hell of a good work portfolio.
    And that's only to get an interview..


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    #96
    messy tessy
    Registered Users Posts: 889 ✭✭✭messy tessy


    Hollister11 wrote: »
    Would these people not go to college and at least doubt what there on now a few years after graduating

    A reasonable question until this part.


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    #97
    snowflaker
    Closed Accounts Posts: 3,922 ✭✭✭snowflaker


    Gringo180 wrote: »
    Yeah because thats the only alternative. There is a living wage of 11.50 in Ireland. That should be the minimum wage.

    And then inflation...


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    #98
    snowflaker
    Closed Accounts Posts: 3,922 ✭✭✭snowflaker


    Avatar MIA wrote: »
    So, you're saying there's a chance

    I've said too much! Meet me outside the Sisters of Mercy in Tuam in 3 hours... bring a shovel


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    #99
    Gringo180
    Registered Users Posts: 9,205 ✭✭✭Gringo180


    lmimmfn wrote: »
    Realistically noone should be on min wage long term, I'm not trying to be an ass and i know people unfortunately have to survive on it but education is relatively cheap in Ireland and we shouldn't have to depend on min wage.

    Most warehouse jobs are paying min wage. Somevody has to do them. There is a huge % of the population not fortunate enough to go to college for whatever reason. Im not saying everybody should be on 20 quid an hour but pay them a wage that they can live on.


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    #100
    lmimmfn
    Registered Users Posts: 3,553 ✭✭✭lmimmfn


    boardie100 wrote: »
    120k ! contracting right?...
    No, 120k salaried, its the right skills kinda thing, big data experience etc. honestly wouldn't work in Dublin for anything less or unless I was forced to


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    #101
    Zascar
    Moderators, Motoring & Transport Moderators, Music Moderators Posts: 12,778 Mod ✭✭✭✭Zascar


    I don't know about software development, but another field where you can make very good money is IT sales. Big demand right now for salespeople in Dublin especially, so many tech companies fighting to hire people. If you have 2-3 years decent IT sales experience you can make 70k-80k. You can make 100k+ if you do well and progress over a few years and hop between companies. Have a read of this - it may be a stretch in 1000 days but it can be done in 5-7 years.

    What baffles me is how few people actually set out to study what careers can pay top money and steer their careers towards that. Many just go into whatever and wonder why they never got rich.


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    #102
    lmimmfn
    Registered Users Posts: 3,553 ✭✭✭lmimmfn


    Gringo180 wrote: »
    Most warehouse jobs are paying min wage. Somevody has to do them. There is a huge % of the population not fortunate enough to go to college for whatever reason. Im not saying everybody should be on 20 quid an hour but pay them a wage that they can live on.
    I know, its unfortunate but min wage dictates the min standard of living( let's exclude dole heads just.....different kettle of fish ). If min wage increases so does inflation and what people are willing to pay for things, its a zero end game increasing it honestly and really the government is the main beneficiary.


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    #103
    JamboMac
    Registered Users Posts: 3,952 ✭✭✭JamboMac


    Hollister11 wrote: »
    Computer Science, I'm specialising in softwared development.

    You could equally be on 30k your whole career. Which isn't bad but a lot of people don't get those great wages.


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    #104
    Hollister11
    Closed Accounts Posts: 5,482 ✭✭✭Hollister11


    Zascar wrote: »
    I don't know about software development, but another field where you can make very good money is IT sales. Big demand right now for salespeople in Dublin especially, so many tech companies fighting to hire people. If you have 2-3 years decent IT sales experience you can make 70k-80k. You can make 100k+ if you do well and progress over a few years and hop between companies. Have a read of this - it may be a stretch in 1000 days but it can be done in 5-7 years.

    What baffles me is how few people actually set out to study what careers can pay top money and steer their careers towards that. Many just go into whatever and wonder why they never got rich.

    My neighbour is actually in IT Sales with Oracle. He seems to be doing pretty well. Benefits are good too. He's on sick leave the last 4 months and he is getting his full wage for as long as it takes him to get better.


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    #105
    lmimmfn
    Registered Users Posts: 3,553 ✭✭✭lmimmfn


    Hollister11 wrote: »
    My neighbour is actually in IT Sales with Oracle. He seems to be doing pretty well. Benefits are good too. He's on sick leave the last 4 months and he is getting his full wage for as long as it takes him to get better.
    most large companies insurance covers that, usually limited to 6 months though


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    #106
    Mrs OBumble
    Registered Users Posts: 25,752 ✭✭✭✭Mrs OBumble


    OP to answer your question:

    Anyone on that wage long term doesn't try to buy a house: they cant afford it. Best case, we provode social housing for them to have a stable address.

    They pay almost no tax.

    And if they have kids they get child allowsnce and FIS.

    Most likely they qualify for a medical card.

    And if things go wrong they go to Vincent de Paul or similar for food.

    Smart ones get promoted to better jobs eg retail management.


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    #107
    Lyle Lanley
    Registered Users Posts: 642 ✭✭✭Lyle Lanley


    Hollister11 wrote: »
    So you hate ambitious people? Unless you get a degree, or a trade your not building a career for yourself.
    Your definition of ambition is working your arse off to make money and get a nice job title. That's not ambitious. Any dickhead can get a degree and move up the corporate ladder. Its a nonsense you've been conditioned to believe is normal.

    If you're lucky you might be able to cut back to a 60 hour working week by the time you're 60. That's probably too ambitious though.


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    #108
    Tigger
    Closed Accounts Posts: 16,707 ✭✭✭✭Tigger


    Avatar MIA wrote: »
    I'm on >€100k per annum, and I'd burn you all on this thread to be 21 again and on €25k per annum. ALL of you. ALL OF YOU.

    This


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    #109
    Arcade_Tryer
    Registered Users Posts: 2,021 ✭✭✭Arcade_Tryer


    lmimmfn wrote: »
    I know, its unfortunate but min wage dictates the min standard of living( let's exclude dole heads just.....different kettle of fish ). If min wage increases so does inflation and what people are willing to pay for things, its a zero end game increasing it honestly and really the government is the main beneficiary.
    The evidence says otherwise. Effects of minimum wage increases on inflation are largely insignificant. Employment effects are the main issue regarding the minimum wage, and yet most new research suggests the employment effects of gradual increases are also insignificant. The calculated living wage is €11.50 and the minimum wage is €9.25, having been increased by 10 cent per hour in January. A fair and easily sustainable minimum wage would be in and around €10 per hour in 2017, especially in Dublin city.


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    #110
    lmimmfn
    Registered Users Posts: 3,553 ✭✭✭lmimmfn


    Arcade_Tryer wrote: »
    The evidence says otherwise. Effects of minimum wage increases on inflation are largely insignificant. Employment effects are the main issue regarding the minimum wage, and yet most new research suggests the employment effects of gradual increases are also insignificant. The calculated living wage is €11.50 and the minimum wage is €9.25, having been increased by 10 cent per hour in January. A fair and easily sustainable minimum wage would be in and around €10 per hour in 2017, especially in Dublin city.
    Please provide the "evidence" then
    If McDonalds staff get >10euro per hour, I really don't see how that can equate to a cheap burger, unless its crap and which they do.

    Outside of welfare I don't see how increasing the the cost of the lowest common denominator won't impact inflation insignificantly.


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    #111
    Permabear
    Closed Accounts Posts: 39,022 ✭✭✭✭Permabear


    This post has been deleted.


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    #112
    Arcade_Tryer
    Registered Users Posts: 2,021 ✭✭✭Arcade_Tryer


    lmimmfn wrote: »
    Please provide the "evidence" then
    If McDonalds staff get >10euro per hour, I really don't see how that can equate to a cheap burger, unless its crap and which they do.

    Outside of welfare I don't see how increasing the the cost of the lowest common denominator won't impact inflation insignificantly.
    I could post 50 studies produced in the last five years here pointing towards the insignificance of minimum wage increases on inflation. Obviously I'm not going to. You can do the research yourself via google. And obviously not all are Ireland focused, but the general consensus is that the inflation effects of minimum ages are not an issue. Where there is still disagreement, though not as much as in the past, is regarding the employment effects.

    Even if you think about it intuitively, there are not enough people earning the minimum wage to result in changes in inflation due to small, gradual increases. And the increases are so small that they are barely noticeable to both producers and the public. For example, the minimum wage in Ireland was increased by 10 cent in January, yet I doubt any worker earning above the minimum wage went to their boss and asked for a similar increase to remain comparatively ahead by 10 cent!


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    #113
    Arcade_Tryer
    Registered Users Posts: 2,021 ✭✭✭Arcade_Tryer


    Permabear wrote: »
    This post had been deleted.
    Yeah, I proposed this idea a few months ago. It seems intuitively feasible, though there is the potential problem of an influx of minimum wage workers into Dublin, which would very possibly have inflation effects, and further impact the rental market for existing workers.


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    #114
    La.de.da
    Closed Accounts Posts: 4,010 ✭✭✭La.de.da


    People learn to budget. Or as my gran would say "you cut your cloth to your measure ".

    Not all people are geared toward mortgages etc.

    Tbh where I live €400-€500 is an average decent wage.

    Life ain't all about money.


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    #115
    rounders
    Registered Users Posts: 323 ✭✭rounders


    Coming from someone about to graduate in the IT sector, average starting graduate programs are between 35k to 40k including benefits like bonuses, share options etc.

    My guess in 5 years, you'd be looking at 45k to 50k depending on your drive and determination plus other varibles like luck and the company your working for.


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    #116
    Beyondgone
    Closed Accounts Posts: 1,166 ✭✭✭Beyondgone


    La.de.da wrote: »
    People learn to budget. Or as my gran would say "you cut your cloth to your measure ".

    Not all people are geared toward mortgages etc.

    Tbh where I live €400-€500 is an average decent wage.

    Life ain't all about money.

    Where's that then? It isn't c.a 50km radius of stephens green anyway.


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    #117
    Arcade_Tryer
    Registered Users Posts: 2,021 ✭✭✭Arcade_Tryer


    Beyondgone wrote: »
    Where's that then? It isn't c.a 50km radius of stephens green anyway.
    €500 per week goes a quite a distance if living in a rural Irish town or village with no dependents. Of which there are many remember.


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    #118
    lmimmfn
    Registered Users Posts: 3,553 ✭✭✭lmimmfn


    Arcade_Tryer wrote: »
    For example, the minimum wage in Ireland was increased by 10 cent in January, yet I doubt any worker earning above the minimum wage went to their boss and asked for a similar increase to remain comparatively ahead by 10 cent!
    Erm public sector, Guards, Luas, soon to be Teachers/Army
    You can find 50 articles on minimum wage increases having positive effects and i can find 50 articles on increasing minimum wage having detrimental effects.

    Its my opinion and ill stand by it until someone shows me irrefutable evidence to the contrary but if the minimum wage is 10 euro and e.g is increased to 12 euro, everyone from fast food guys to cleaners get 20% more, indirectly that will end up having a macroeconomic effect of higher spending and therefore higher inflation( considering the amount of people on this rate ), when inflation increases absolutely everyone must try to get a wage/salary increase even to keep the status quo.
    The point is, increasing the minimum wage( beyond a point which we have well overshot by now ) does not benefit those it is supposed to benefit. Their increases will be drowned out in inflation and no one is more happy with a super inflated economy than the government.


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    #119
    Permabear
    Closed Accounts Posts: 39,022 ✭✭✭✭Permabear


    This post has been deleted.


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    #120
    lmimmfn
    Registered Users Posts: 3,553 ✭✭✭lmimmfn


    Beyondgone wrote: »
    Where's that then? It isn't c.a 50km radius of stephens green anyway.
    i think thats your( and the governments ) problem right there.


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    #121
    PARlance
    Registered Users Posts: 21,099 ✭✭✭✭PARlance


    Hollister11 wrote: »
    Computer Science, I'm specialising in softwared development.

    There will be lads in Indiad doing your job for €80 a week.


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