Falling Behind
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| Google books | books.google.com |
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| Originally published | July 14, 2008 |
| Authors | Francis Fukuyama |
| Genres | Conference Proceeding |
| Editors | Francis Fukuyama |
| Date of Reg. | |
| Date of Upd. | |
| ID | 2906830 |
About Falling Behind
In 1700, Latin America and British North America were roughly equal in economic terms. Yet over the next three centuries, the United States gradually pulled away from Latin America, and today the gap between the two is huge. Why did this happen? Was it culture? Geography? Economic policies? Natural resources? . . .
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... But by the second year, the combination of extreme fatigue, pain and regular fainting episodes led to me Falling Behind with work, causing a breakdown...
Rory Kinnear calls for improvements to health and safety on set
... " Time pressure and Falling Behind on schedules is something that Samantha Wainstein, chair of the Mark Milsome Foundation, attributes to mistakes being made and decisions being rushed through...
Mortgage arrears up sharply with landlords hit hard
...By Kevin PeacheyCost of living correspondentThe number of people Falling Behind on their mortgage payments rose sharply over the summer months, figures from the banking sector show...
Delay to law on e-scooters criticised
... The national shared transport charity Collaborative Mobility UK (CoMoUK), which is supportive of e-scooter use and whose members include firms involved in trials, warned the UK is Falling Behind the rest of the world with its " lack of action" on e-scooters...
Workers on voluntary Real Living Wage see 10% pay rise
... The Foundation says its research shows half of the UK s low paid workers are worse off than they were a year ago, with many using foodbanks and Falling Behind on household bills...
Private renters age faster, says Essex and Adelaide university research
... They found renting privately, Falling Behind with rent payments or living in a home affected by pollution was linked with faster biological ageing...
Period poverty: In Africa, women are being priced out of buying sanitary ware
... A study in Kenya found that missed between one and three days a month while another a negative impact on their grades, and more than 50% said they were Falling Behind in school because of menstruation...
AI: Workers need more protection - TUC union
...By Simon JackBusiness editorThe UK is Falling Behind in protecting workers from artificial intelligence (AI), a trade union has warned...
Workers on voluntary Real Living Wage see 10% pay rise
By Lucy HookerBusiness reporter, BBC News
Hundreds of thousands of UK workers will see a 10% pay rise from Tuesday, because their employer is signed up to the voluntary Real Living Wage scheme.
The Rise would be a " lifeline" for low-paid workers, The Living Wage Foundation said.
Employers can choose to pay Real Living wage, a rate that is higher than the government-set minimum wage.
But The British Chambers of Commerce said there was " a limit to how much new cost firms can absorb".
Among the workers set to benefit is Jo Mcmahon, a textile worker from Stockport, whose pay will rise from £10. 90 to £12 to an hour.
Ms Mcmahon works for school uniform manufacturer One & All, which pays its workers at The Higher " Real Living Wage" rate.
" It means I've got money I can put away each month, " she says. " It's just made such a difference. "
" If the washing machine breaks, I've got The Money for that. If we want a nice, big holiday, I can book it. "
She notices the difference compared to her friends, who can't afford to go out as often as she does.
Employers who join the Real Living Wage scheme, Set Up by The Charity , make a commitment to pay their staff at a rate that reflects what The Charity thinks people need to cover everyday costs. After This rise it is £1. 58 More Than the of £10. 42 an hour for those over the Age Of 23.
Workers in London will see their pay rise from £11. 95 to £13. 15 if their employer has joined the scheme.
A full-time worker earning the new Real Living Wage will earn £3,081 a year More Than someone on the current government minimum, and an additional £5,323 in London, according to The Foundation .
Around 14,000 employers have signed up, benefitting over 460,000 workers, The Foundation said.
" Yes, it costs more money, " said Brett Mendell, director of textiles manufacturer Thomas Kneale in Manchester. " But you get significant savings, greater productivity, greater loyalty and a fantastic feel from colleagues. The benefits really do stack up. "
The Firm has seen a 60% reduction in staff turnover and 75% reduction in absence since it signed up to the scheme, Mr Mendell said.
Well-known firms such as Everton FC, Ikea and Lush are Living wage employers. Half of the FTSE 100 are signatories.
More Than 100 firms, including Aviva, abrdn and West Bromwich Building Society have also signed up to The Foundation 's Living Hours commitment. That means they provide workers with a guaranteed minimum of 16 hours work a week, a month's notice of shift patterns, and contracts that accurately reflect The Hours they work.
However some organisations were choosing not to sign up to the scheme in The Face of a " cost-of-business" crisis, said Charles Cotton , from the CIPD, The Professional body for HR and people development.
" While paying employees more can generate a return on investment, this return takes time, " Mr Cotton said.
The Alternative was to improve productivity by investing in technology, products, marketing, skills and management, And Then using The Profit generated to increase wages, He Said .
Jane Gratton at The British Chambers of Commerce said the Real Living Wage would help with recruitment and retaining staff.
But with business conditions " among the hardest in generations" some firms were not in a position to make above-inflation pay increases, She Said .
The Living Wage Foundation said record numbers of employers were joining the scheme, but there were still 3. 5 million people " at the sharp end" of the cost-of-living crisis.
The Rise in the Real Living Wage rate reflected " persistently high costs" said The Foundation 's director Katherine Chapman, despite recent falls in the headline rate of inflation.
" Low-paid workers continue to struggle with stubbornly high prices because they spend a larger share of their budget on food and energy, " She Said .
The Foundation says its research shows half of the UK's low paid workers are worse off than they were a year ago, with many using foodbanks and Falling Behind on household bills.
What is the 'Real Living Wage'? Related TopicsSource of news: bbc.com
