14th June 2006, 09:14 PM
Before you all get carried away - I see that the EH wages have no holiday, pension, sick or other entitlements such as overnight subs for working away from home and are for seven-eight weeks max. (BTW, thought BAJR didn't allow ads which didn't include the first of these). Not quite as attractive if rolled out across a full year is it? Are they five day a week jobs?
In the wider world, factor those costs in, add overheads and see what the likely effect is on companies currently running on very thin margins (ie just about every commercial company) in a highly competitive market, which is likely to get worse if the economy does what it appears it is about to do.
It is good to see EH putting up wages but they are operating in an artificial and self-contained environment where they set their own budgets for such projects.
In the wider world, factor those costs in, add overheads and see what the likely effect is on companies currently running on very thin margins (ie just about every commercial company) in a highly competitive market, which is likely to get worse if the economy does what it appears it is about to do.
It is good to see EH putting up wages but they are operating in an artificial and self-contained environment where they set their own budgets for such projects.