How wealthy?

[BoldonLad]

What is overtime? It's a concept alien to 99% of workers now, I think.

Yes, it was alien to me, during my working life.

I think your 99% is a tad exaggerated, Google suggests it is 75% not paid overtime.

Many workers still get paid for "overtime", or, get time off in lieu, eg Daughter No 4 (a care worker), Daughter No1 (a nurse in Primary Care).

It wasn't a comment in favour or not of overtime, simply an observation on the life of a shipyard worker in the 1950s. 🙂

 

[BoldonLad]

Snore. We used to live in a corridor.

Sweep aside your anecdotes, and you will find that housing is now more expensive than it was when you wut lads, whether you are renting or buying.

E.g. https://mojomortgages.com/mortgage-news/homeownership-50-year-analysis-house-prices-salaries

And a myriad of other sources

how predictable. 😂

 

[CXRAndy]

Snore. We used to live in a corridor

That's nowt

We used to live in cardboard box next motorway, all 16 of us 😁

 

[Stevo 666]

I don’t consider myself wealthy, and find myself amongst the upper deciles. And, I don’t live in the SE.

How does that work? Do we somehow become immune to our privilege. Or, do we surround ourselves with peers and thus, don’t feel we stand out.

There's an old saying that one way to be happy in this respect is to choose friends who are worse off than you financially. Probably cheaper than trying to 'keep up with the Jones'.

 

[Stevo 666]

You don't see success without wealth - and that's about the size of all that's wrong with world.

What makes you think that? I mentioned financial success specifically because this is the thread about wealth, in case you hadn't realised.

But having wealth is not a bad thing - maybe you should try it? Ever heard the saying 'Life is like a sh!t sandwich - the more bread you have, the less sh!t you eat' 🙂

 

[monkers]

What makes you think that? I mentioned financial success specifically because this is the thread about wealth, in case you hadn't realised.

But having wealth is not a bad thing - maybe you should try it? Ever heard the saying 'Life is like a sh!t sandwich - the more bread you have, the less sh!t you eat' 🙂

Everything turned on its head to justify greed. I'm not unhappy that some people have more money than others. I've very unhappy that greed is at runaway level, and many people do hot have enough to meet their needs, including people who are keyworkers. It can not be justified.

 

[Stevo 666]

Everything turned on its head to justify greed. I'm not unhappy that some people have more money than others. I've very unhappy that greed is at runaway level, and many people do hot have enough to meet their needs, including people who are keyworkers. It can not be justified.

In your humble opinion, of course.

 

[monkers]

In your humble opinion, of course.

No such thing as humble brags or opinions Steevo. Recently the UK High Street banks have seen £100bn in transfers to other banks. The 2008/9 crash was triggered by losses of £137 billion. Banks are still creating debt through fractional reserve banking. When liquidity falls, they crash. Simplistic argument, it's true, but the banks are halfway to the 2008 problems. Reinstating bankers bonuses which increases bankers' appeal to risk taking is not a solution.

The Peel government were correct in 1844. Again the greed of the capitalist system is heading towards collapse, they'll be leaning on socialist systems to save them. Socialism is only bad until the banks collapse and they want a handout.

Brexit didn't help because all of that talk about money didn't apply to capital transfers, did it. Billionaire's money was treated as more sovereign than the people. The economy is not a sustainable model.

 

[Psamathe]

I did point out last year that my 20 year old grandson is already on the property market, without any help.
It all depends on where you choose to live, and a choice of lifestyle.

Very true. I didn't buy a house (or rather have the Abbey National buy one for me) until I was decently into my 30's. My lifestyle means I was changing jobs and that means moving to different areas (even after buying at times I was commuting 60 miles each way to different jobs). As I've commented before those renting compare their rent to the what they'd pay for a mortgage whch is a daft comparison as they are overlooking how much a (responsible) landlord is paying (insurance, white goods, redecoration, building repairs, building maintenance, etc. all of which comes to fair amount extra).

Generally I suspect UK seems weirdly driven to home ownership when, as you say, it depends on your lifestyle. I do think tenants right need improving particularly from less reputable landlords but current Government's efforts seem lacking in understanding and are more likely to end up making things harder for tenants.

Ian

 

[Psamathe]

My parents never bought anything on HP, never had credit cards, and the only borrowing was the £2000 they borrowed from my gran to buy their only house, in 1960. As a consequence, they had absolutely no credit reference till the day they died.

It was only in retrospect I realised how tight the household budget was, and how far Mum made the food go: it was essentially a post-WW2 menu. Only one chocolate biscuit per day... rationing didn't really end in the 1950s

I don't remember 'cos I'd only just been born but my parents had to decide between buying a machine to help with the laundry or replacing their broken radio and they went for the laundry as they just had their first baby (me) and laundry was going to be a problem. I do sometimes wonder if youngsters these days would make such choices for just buy both despite not actually being able to afford both.

Ian

 

[Psamathe]

What is overtime? It's a concept alien to 99% of workers now, I think.

Never been paid overtime ever. Much of my career I was earning less per hour than those I was managing. In one job we had flexitime and had to key in and out recording our hours and I had a massive argument with HR one time when their machine showed I'd worked 36 hrs continuously and they kicked-up and my defence that I had just worked 36 hours non-stop (big mega crisis trying to save a $200 million satellite back in the early 1980's). One project ended up working 2 weeks solid 24/7, grabbing some sleep occasionally on CEO's office sofa (team of 5 of us did). No extra overtime. single male back then it was sort of expected and sort of appreciated.

Ian

 

[Shortfall]

I think the spread on this poll just shows that the forum is populated mostly by reasonably well-off older people with more bikes than they actually need. I don't think Norman Tebbitt was aiming his 'Get on yer bike' remark at people who'd take 30 minutes deciding which one while drinking a skinny latte.

Wow! Who knew? Next you'll be telling us that there are lots of Guardian reading homosexuals at the BBC 😉

*Above post may contain attempts at humour/sarcasm*

 

[Pross]

Never been paid overtime ever. Much of my career I was earning less per hour than those I was managing. In one job we had flexitime and had to key in and out recording our hours and I had a massive argument with HR one time when their machine showed I'd worked 36 hrs continuously and they kicked-up and my defence that I had just worked 36 hours non-stop (big mega crisis trying to save a $200 million satellite back in the early 1980's). One project ended up working 2 weeks solid 24/7, grabbing some sleep occasionally on CEO's office sofa (team of 5 of us did). No extra overtime. single male back then it was sort of expected and sort of appreciated.

Ian

I junior resident doctor land you would claim you were paid 10p / hour on that basis

 

[Pblakeney]

Yes, it was alien to me, during my working life.

I think your 99% is a tad exaggerated, Google suggests it is 75% not paid overtime.

Many workers still get paid for "overtime", or, get time off in lieu, eg Daughter No 4 (a care worker), Daughter No1 (a nurse in Primary Care).

It wasn't a comment in favour or not of overtime, simply an observation on the life of a shipyard worker in the 1950s. 🙂

Complete opposite here. If I'm working then I'm getting paid. Not always on extra O/T rate, but always on an hourly rate min. Either management have underestimated the job (not my fault) or they'd have thought I was slow and they'd have got rid. They didn't.

 

[Beebo]

Complete opposite here. If I'm working then I'm getting paid. Not always on extra O/T rate, but always on an hourly rate min. Either management have underestimated the job (not my fault) or they'd have thought I was slow and they'd have got rid. They didn't.

No overtime here.
But we do get a decent bonus if we achieve our targets, which are achievable with a bit of extra graft.