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UK: bus engineer pay drops 10% adjusted for inflation over 5 years, while company profit £4.3m last year
(www.unitetheunion.org)
this post was submitted on 04 Nov 2023
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That's not how profits work, the salary of employees (even executives) are taken before.
It's also not admirable to want people to simply be paid what they were being paid and not getting pay cuts. If an employer doesn't adjust your wage/salary for inflation you are being paid less.
Also, companies don't save profits for a "rainy day" they use it to purchase other companies and expand wealth for investors.
I'm curious to know what company you can buy related to a bus transportation service for 4.3m? In some parts of the USA, a 3 bedroom single family house can go or that.
I honestly have no idea what you're going on about.
Of course. Have a good day