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Thread: The Politics/Religion/Conspiracies Deathmatch Thread

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  1. #11
    Senior Member
    Join Date
    Jun 2012
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    Quote Originally Posted by Jetmaster View Post
    Not against people getting penalties if they have a normal 5 day week and get called in on a weekend or public holiday to do extra.

    Against people who work four or five days each week getting extra if any of those days are a weekend, but have their "weekend" during the week.

    Also, there are alot of people out there who only want weekend/night work because of those rates, not caring about whether it is a weekend or not.

    I used to have staff that whinged if you didn't give them overtime, even if the work wasn't there !
    It's called the Relative Income Hypothesis. James Dusenberry wrote his PhD Thesis on it in 1948.
    Most of us here know this type of behaviour as "Keeping up with the Jones's"

    In todays terms considering real wages for most people are falling and yet productivity and profits are increasing is it any wonder people are trying to top up their earnings via penalty rates or OT ?

    The fun will begin when the financial engineering comes to a halt and workers will no longer be able to spend more than they earn using credit.

    That will spell the end to profits and indeed result in a recession the likes of which we have nver seen before.
    Last edited by The Dunster; 10-04-2015 at 01:46 PM.

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