MINIMUM wage earners have blasted their pay rise of 19p an hour as inadequate recompense for losing their multi-million pound bonuses.
EU regulations have capped bonus sizes for dishwashers, order pickers and cleaners, leaving them with their salary, share options and seven-figure retention allowances.
Stephen Malley, who works as an acne-covered kitchen assistant, said: “Raising the basic wage is a step in the right direction, but at this rate I’ll be retiring on less than £3 million a year.
“And my directorships and consultancies, obviously.”
Care worker Carolyn Ryan said: The extra £7.60 a week Ill earn is nothing. How am I supposed to pay school fees, the mortgage on our London place and the cottage in Cornwall, and buy the kids new skis on that?
I suggested they dip into their trust funds, but the looks I got. I suppose Ill have to arrange a no-repayment-date personal loan from our offshore shell corporation, as bloody usual.
Economist Julian Cook said: Its the politics of class war. Whos going to boost the economy by buying new cars, second homes and investing in tech start-ups if not the minimum wage movers and shakers?
The pay rise has left takeaway outlets and cleaning firms empty as staff rush to arrange putting their extra 19p an hour into a tax shelter.