Submitted on Friday 9th September 2011
Published on Friday 9th September 2011
Current status: Closed
Closed: Sunday 9th September 2012
Signatures: 1
Incentivising companies to raise minimum wage
Tax cut incentive for companies that pay above a new level of minimum wage. ---> Benefits to company: Money saved in tax cut goes to the employees; Employees are happier to work and therefore show more productivity; Ability to offer a better salary attracts talent. ---> Benefits to employee: Satisfaction that their work is worthwhile if they are paid well; Raising the living standard in Britain for the poorest families ---> Benefits to society: Greater incentive to work than to remain on benefits; More people working will lead to less crime due to relieving frustrations of the poorest in society. Also encouraging youths to work will take them off the streets ---> Benefits to the Government; Money lost in tax cuts to companies will be regained through taxing the employee salary, less people claiming benefits, reducing costs with policing criminal behaviour
You can't sign this petition because it is now closed. But you can still comment on it here at Repetition.me!
3.144.253.195 Thu, 21 Nov 2024 19:49:42 +0000