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Nairaland Forum / Nairaland / General / Politics / Labour Slashes Proposed New Minimum Wage To N500,000 (20210 Views)
Chinwe Nnabuife Fumes Over Inclusion Of Her Town In The Proposed New State / Minimum Wage: Labour Slashes Demand To ₦500,000 / Nigeria Struggles With N30,000, South Africa Increases Minimum Wage To N126,400 (2) (3) (4)
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Re: Labour Slashes Proposed New Minimum Wage To N500,000 by PrinceofSarcasm: 6:01am On May 23 |
thesicilian: You are an inhuman beast |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by zionstaar75: 6:05am On May 23 |
OkpaNsukkaisBae:do you have 500k?very funny |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by ogbonti: 6:07am On May 23 |
magoo10: I understand your point but you are not answering my question about is it worth to someone at the minimum level such minimum wage - do yoi mnow what minimum wage is? its not for company executives or skilled managers- its for the lowest level employees and I gave you am example of a messenger- so please remove emotions and justify in terms of productivity- why a messenger deserves N600k salary Whatever his services are, will you pay him N600k if he were your employee? does his absence from work in a month cost the organization or company he works for profits or revenue worth N600k ? These are my arguments I am sorry I may appear mean or insensitive to you because of my hard stance on this issue - but I have an MBA degree here at UCLA and this is how I was trained to evaluate wages and compensation - objective analysis, not raw emotions - This is why a soccer player can earn $500,000 a week for playing just 2 matches - of 90 minutes each and probably another 90 minutes trainingthat week - so for 270 minutes a football player made $500k while someone works for 40 years and will never make up to $500k in total earnings —/ you know why? The Value of service provided, the market for such services, revenue accrued for that service, demand amd supply forces, quality, all determines wages of every worker! |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by Doyin2(m): 6:09am On May 23 |
bentenny: Perhaps you also lack numerical sense. Otherwise you would understand that final bid of N100k or N75k and first bid of N150k are not the same. Also,stupidity is when you think your first bid must be so far away from reality and sanity such that the other negotiation party considers you to be a clown or insane. A day’s negotiation is enough ,insanity is when you think you have to spend weeks and months negotiating minimum wage that expired in April. Any person expecting minimum wage of more than N75k or thereabouts,should go for a course in economics and financial analysis. Minimum wage is not only about what the employees want,it is more about what the employer has the capability and capacity to pay. How many private organisations with more than fifty employees or so,would be able to cope with a more than 100% jump in wage bills just within a year. Also how many states are that viable to absorb the shock of over 100% jump in wage bills. Even if we add back all the monies wasted and stolen by government officials,it cannot cover wages that must be paid continuously and continually. Only people with sense would appreciate that you lack sense for which logic is a subset. 2 Likes |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by zionstaar75: 6:09am On May 23 |
bentenny:gbam!I hardly come to nairaland again because it's now a dumping ground for senseless comment |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by correctguy101(m): 6:14am On May 23 |
Remman: Why all the time wasting? Waiting for government to agree on something closs to 100k... Smh No serious public officials for our country abeg. All na crase people |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by Bhol28: 6:24am On May 23 |
cremedelacreme:the thing tire me sef. |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by tnerro1(m): 6:28am On May 23 |
Abeg get serious, leave it at 150k and stand your ground. Break the 150k so suffer head APC supporters will comprehend and get support from the masses. Then highlight what the politicians are taking home Then prepare for the mother of all strikes to press home ur demands |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by alphaNomega: 6:30am On May 23 |
CommonSense1967:what do mean by inflation? whether you increase it or not, inflation will always happen because that is what capitalism demands. it is better to cry in a bentley, please they should negotiate for minimum wage of 700k. Politicians are not the only ones entitled to excess funds. |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by Cmanforall: 6:36am On May 23 |
I don't disagree with you. Unfortunately they are the ones making the laws, and corrupt lawmakers will make laws that will favour them. Maybe that's among the first places to start by electing credible lawmakers. The corrupt earnings I meant was from inflated contracts which are aided by civil servants including the directors and Permanent secretaries. As I stated earlier, the legitimate salary of a Senator may not be more than 1million, but for them to be using the 'constituency' allowances for personal usage is corruption . beejay85: 1 Like |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by Cmanforall: 6:38am On May 23 |
![]() ![]() Economic experts that are doing wonders to your Nigerian economy I laugh ![]() triplechoice: I don't fear anything. It's you who will suffer it if things get worse. |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by bentenny(m): 6:39am On May 23 |
Doyin2:You write so much rubbish with confidence! From the negotiation so far from FG,are they willing to present between 100-150k )without a negotiation? The answer is absolutely no because they also don't want to be seen to be offering at a point of weakness! If FG starts with a 100k or more,organized labour will assume they can pay more and also negotiate for more which will put FG in an uncomfortable situation....same applies to organised labour! That's why both sides hired professionals to ensure no one loses out at the end of the bidding war...the goal is to come up with an amount that will grant both sides a win-win situation! This is simple basic knowledge of negotiation! If you don't know,Go to Google and acquire knowledge about negotiation tactics and stop behaving as if your entire schooling was a waste of time and funds! Lastly,any minimum wage that cannot comfortably buy two full bags of rice is unacceptable! If an employee's salary cannot address his/her basic needs esp food then don't complain when they start stealing from you! |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by Ensquare(m): 6:40am On May 23 |
There's a different between " they no want pay " and " they no fit pay" cremedelacreme: |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by Truvelisback(m): 6:46am On May 23 |
OkpaNsukkaisBae:For minimum, it isn't bad. |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by Doyin2(m): 6:47am On May 23 |
bentenny: Mr man stop exposing more,your lack of understanding. Salary negotiations is not about muscle flexing with your employer. The capacity and capability to pay ,is much more important than what the employees want. In some instances,the employer can even surpass the expectations of the employees where the capacity and capability to pay are top notch. You mention FG has if that is the only party in the negotiating table.The private sector representatives had presented a capacity to pay figure of N54,000 or thereabout. |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by Godsonkemz(m): 6:56am On May 23 |
Tinubu should not yield to their unrealistic demand. The present NLC leadership are jokers. What I expect them to demand for is the reduction of fuel and food prices that affect everyone not just workers and thus would increase the purchasing power of Nigerians including workers. Not just an improved workers welfare but improved economy. |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by HRMK: 7:11am On May 23 |
NLC AND TUC ARE SIMPLY COMEDIANS AND JOKERS AND JESTERS!THEY ARE SIMPLY UNREALISTIC!! |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by magoo10(m): 7:11am On May 23 |
ogbonti:firstly in my write up i proposed 100k and not 600k which is very reasonable considering the cost of things abi will someone work for you pay transport,feed ,clothe then at tue end of month you tell him thank you. Secondly you are not even in Nigeria to understand my point so there is no need for the argument. |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by bluebay(m): 7:14am On May 23 |
frank2zee:Labour and Nigerians |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by bentenny(m): 7:21am On May 23 |
Doyin2:Mr Guy you still don't get it because you are bent on arguing like a roadside tout but forming educated! Right from the start,it was apparent that to have a proper negotiation with FG one needed not to only be smart but also incorporate a little bit of precedence as a guide! Based on the antecedents of present and past FG administration,it was mandatory that the use of a hardline in negotiation including 'muscle flexing' was needed to get anything substantial out of an insensitive FG that cares less about it's workers welfare! And such stance are based on lack of trust for their employers! The negotiations no matter what you tag it will continue until organised labour gets close to what is desired for it's workers! The only party involved that I might have some sympathy for is the private sector! However,as its usual of them,they can come up with an internal negotiation with their workers! For now,this is between FG,states and organised labour! Let me reiterate that any minimum wage that cannot comfortably purchase two full bags of rice is unacceptable and wicked! The workers are not the ones responsible for the inflation rate in the country! Neither are they the reason why transport cost have quadrupled and yet their salaries remain constant! They are also not the ones to blame for the removal of subsidy on pms and the mindless floating of the naira! As much as I doubt your intellectual competence,let me manage to engage you with this question.....if 75k was the maximum that you would get to,can you assist in breaking down this amount in terms of transport,food,shelter and utility bill expenses per month? |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by Teymanhenry(f): 7:23am On May 23 |
cremedelacreme:The country have the money to pay. I think it is glaring already that the leadership don't have the masses at heart. So its ideal, the labour push them to implement a befitting minimum wage. That's for a start |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by Doyin2(m): 7:49am On May 23 |
bentenny: Now I see your stupidity . Sane people know that any internal negotiation with workers in the private sector,that is below the minimum wage law,is criminal. Therefore any negotiation without the private sector interest is hog wash. You also want to collect what your employer ,private or public,does not have the capacity and capability to pay? Didirin. |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by bentenny(m): 8:09am On May 23 |
Doyin2:You are the one hilariously unintelligent and a glorified olodo! How much does the private sector currently pay an average worker in their company in terms of minimum wage! You don't even need a magician or babalawo to tell you that 10% or even less of the private sector can even afford the 30k...the rest are private negotiation based on what the company can pay! Totally different from FG,states and organised labour! See how you have prevaricated like an aimless grasshopper from the main point! I will reiterate that any minimum wage that cannot afford two bags of rice whether in the public or private sector is insensitive,wicked and unacceptable! If you don't like it,then that's your problem! You still haven't answered my question because your obviously flawed brain capacity is lacking! Breakdown the 75k that you are proposing in terms of transportation,feeding,utility bills and shelter...let me know if I am engaging someone with an ounce of brain matter remaining or a beer parlour drunkard! Olodo promax! |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by Testimony1988(m): 8:15am On May 23 |
lordm:hahahahah, it will be better if FG pays N100,000 as minimum wage than the N70,000. |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by Doyin2(m): 8:28am On May 23 |
bentenny: You are just an idiot. How does break down of minimum wage enhance the capacity and capability of your employer to pay? You can also break down the current N30k minimum,may be that would make States that are still struggling to pay ,rush immediately to the bank,to discharge their liabilities. Oponu. Now the latest news indicates that both government and OPS(Organised Private Sector) are proposing N57,000, whilst your insane labour leaders are proposing N497,000 and wasting innocent employees time. The danger now is if Labour keeps on pushing beyond the capacity of OPS,we shall end up in serious socioeconomic crisis and forced agreement that may never be fulfilled! |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by johbara: 8:35am On May 23 |
bluebay: We all know Nigeria as of today can't pay that sum....me thinks the idea behind the #615 is aim for the Moon and fall on a star. Las las na a little over #100k the matter go end |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by bentenny(m): 8:41am On May 23 |
Doyin2:You are really a pathetically naive fuul!😄 I can say this with all aplomb now! Breakdown that 75k that you are proposing let me see if it will even be enough to cover for feeding or even transport cost! I might even be talking to a boy that is still feeding from mama pot oblivious of the struggles going on in the society! If you cannot do this simple breakdown then I doubt if you even comprehend the real meaning of minimum wage....oops,I forgot you are an olodo....why should I expect you to reason when that's a difficulty for you?😢 Gush see how you are confidently spewing balderdash!😄 Olodo come and breakdown your 75k let me see if you passed through nursery school! Glorified olodo promax with PhD in motorparkism! Now the latest news indicates that both government and OPS(Organised Private Sector) are proposing N57,000, whilst your insane labour leaders are proposing N497,000 and wasting innocent employees time.At the risk of sounding like a broken record,any minimum wage that cannot afford the equivalent of two full bags of rice is wicked, insensitive and unacceptable even from the private sector! If an employee cannot transport itself or feed properly or pay utility bills like electricity or provide for shelter,how will such employee perform optimally! You fuuls see salaries as a privilege instead of being a reward for productivity and hard work! As much as I maybe have some sympathy for the private sector,they are bound to increase their workers salaries based on the new minimum wage! Educated mor.onica! |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by 77up(m): 8:53am On May 23 |
Mumu people ![]() Ajairo remain the most f00lish labour leader that ever grace that seat. 500k minimum wage 😂 Can bitter Obi they all laboured in vain for ever pay that kind of money as minimum wage if he's the president? |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by Holluwhakemmy(f): 8:54am On May 23 |
Barims:You are also a 😸😸😻😻 |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by emmyN(m): 9:40am On May 23 |
Babysho: These people love their chains. The disparity between the rich and poor in this country is too wide, and ironically the poor who should benefit from this change are the ones fighting to maintain the status quo. |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by thesicilian: 11:38am On May 23 |
PrinceofSarcasm:Ok |
Re: Labour Slashes Proposed New Minimum Wage To N500,000 by thesicilian: 11:45am On May 23 |
yommen:I'm not for any of them, I'm what you can call an innocent bystander. Those who are used to negotiations will realise that one of the major rules is never to demand for what the other party cannot give you. If you were an employer of labour and your employee (let's say a cleaner) that you pay N30,000 monthly walks into your office to demand for a 1566% pay increase to N500,000, what would be your first reaction? No matter how nice you are as a boss, I'm sure your first reaction would be to laugh before sending him or her out of your office |
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