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The Forum > General Discussion > So should wages come back down again

So should wages come back down again

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It appears that mining is coming off the boil, some would suggest to a 'sustainable level' so as to say and given there were huge wage increases during the boom times (due to supply V demand) , the question is, should miners be able to reneotiate IR so conditions come back to a sustainable levels as well.

Perhaps a rehash of IR could save some of the jobs, as mining, like most other businesses generally allow a percentage of turnover for wages.

A lowing of wages would obviously allow for more to share in the payroll.
Posted by rehctub, Tuesday, 30 October 2012 12:09:45 PM
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The miners are still advertising for workers here. They probably have a whopping turnover.
Posted by 579, Tuesday, 30 October 2012 3:32:11 PM
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Politicians & Senior Public Servants would be a perfect start for reducing wages.
Also, introducing a salary system based on merit.
Establish a Non military national service (19-21 age), Establish a Government owned/run lottery where people can win a permanent income equivalent to the average wage & also win homes (nothing fancy). Can you imagine how small our unemployment figures would be in six months ? Imagine the building industry etc. all paid for by Government lottery. Imagine the cost savings to the community.
Imagine the improved morale in our society. Look at this week's lottery. $70million. That's simply too much. Divide that by 10 & image how much better the outcome for more people.
There is plenty of money out there it's just not being managed properly, too much waste.
Posted by individual, Tuesday, 30 October 2012 4:51:08 PM
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Rehctub>> It appears that mining is coming off the boil, some would suggest to a 'sustainable level' so as to say and given there were huge wage increases during the boom times (due to supply V demand) ,<<

Just one question Rehctub, do middle management, senior management , CEO’s and the like get their pay cut, if so, so should the workers, if not then not.

This discussion regarding mega wages for the miners is an issue almost exclusive to WA, where the tyranny of distance and the scant housing available means a load of the mega money goes towards sustaining yourself while you are there.
Posted by sonofgloin, Tuesday, 30 October 2012 6:01:13 PM
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sonofgloin, I can't answer your question, as I don't know.
however, I would suggest those you speak of work much harder during tougher times, as the saying goes, manage the bad times, as good times look after themselves.

In any case, I would assume these people are on some type of bonus system, so I guess they may be earning less.

In any case, unions will have to decide whether to save jobs, or save conditions, as they won't be able to do both.

579, I thought you were away, as you didnt answer my question from a previous thread.
Posted by rehctub, Tuesday, 30 October 2012 7:31:03 PM
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as they won't be able to do both.
rehctub,
the past30 years they only focused on saving their positions.
Posted by individual, Tuesday, 30 October 2012 8:12:56 PM
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