I liked shopping for books at Waterstones, but I suppose that all has to stop now: Waterstones says it can’t pay living wage, as 1,300 authors support staff appeal
No doubt someone will ask how they will ever pay a living wage if people boycott the chain, but that’s unfairly saddling everyone else for its poor management – although, I suppose to shareholders, and the market in general, it’s seen as good management.
To my mind, if you can’t pay a living wage, you can’t afford your real staff costs and you’ve got a problem. And of course, the excuses from the top of the company would be much easier to swallow if those sitting there weren’t so well remunerated despite their inability to pay a living wage. Apparently (if Wikipedia is correct) the managing director lives with his family “…in a 4 storey house in Hampstead. They have a second house in Suffolk, and a third in Scotland.”
I don’t begrudge people making money, but it seems to me that it might make it easier to own several properties if you don’t have to pay your employees fairly…