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by lotsofpulp 924 days ago
> McDonald's and the rest provide very low wage jobs to locals

I know this is about the UK, but just as an FYI, in the US, small service sector employers provide an even lower wage because they rarely offer tax advantaged benefits that big businesses can offer, such as subsidized health insurance premiums paid with pre tax income, and paying for retirement savings/public transit/daycare/life insurance/etc with pre tax income.

It is amazing the advantages big businesses have that can afford the time and money expenses of the paperwork for providing those tax advantaged benefits.

1 comments

Interesting. In my country (Poland), pretty much most of the benefits and perks are taxed as income, so there is no tax advantage in paying employees with them instead of cash.
Yes, the US is extremely corrupt in how it tilts working for a big employer more advantageous over a small employer.
We weren't always like that, the laws started changing in this direction maybe 10 years ago. Before that, everyone with a decent job was getting a company car, an now company cars are only given for people who actually travel a lot on the job, and everyone else prefers the extra cash instead of the company car.

BTW the laws weren't changed to level the playing field for small companies, it was just our equivalent of IRS fixing loopholes to bring in more tax money.