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Where I work one-third of the employees have college degrees. All of us earn within a few cents of minimum wage. There's something wrong with all of us?
Apparently so. Sorry about that. Work another plan.
??? Back when I delivered pizzas, I had one job which paid 20 cents above minimum wage. When minimum wage was increased, my new wage was the new minimum.
NOTHING says ALL hourly wages MUST be increased. Sheesh!
I'm beginning to see a genuine correlation between your reasoning skills and your pay grade.
I'm confused as to the path of your logic. You acknowledge that Costco pays a higher than minimum wage so they can attract and retain higher quality employees. You acknowledge that better wages attract harder & more qualified workers. Then you say that Costco would LOVE to see minimum wage increase. Please explain that to me. What would Costco gain by having the minimum wage increase. If that happens, and if Costco's competition is forced to pay wages more similar to what Costco already pays, does not Costco LOSE at least a major part of the competitive advantage is currently has in the quest to attract & retain those higher quality workers? Will Costco not be compelled to increase their own wage scale as well, so they can retain the advantage they currently have in the hiring market?
Costco already pays well above $9 an hour. So if Wal-mart is forced to start their employees off at $9 an hour and Costco already starts theirs off at $11 an hour, you're still going to want to work at Costco whether they bump their pay further or not. Not to mention that Costco's employees move up in pay far more quickly and after a few years are making ~$17-18 an hour while the Wal-mart employee is probably making $10-11. Plus Costco has health benefits and is a much more employee-friendly business.
If minimum wage jumps to $9 an hour, Costco doesn't lose its compensation advantages. But Wal-mart either loses some of its profit margin or price competitiveness.
I'm beginning to see a genuine correlation between your reasoning skills and your pay grade.
My pay grade was equal to or better than the others with whom I worked. Which means either everyone failed at my workplace, or perhaps the workplace failed.
All wages should be an agreement between the employee and the employer. If a worker wants to accept $5.00 hour to sweep a floor, why should they be prevented from doing so?
All housing should be an agreement between the lessor (landlord) or seller and the lessee (tenant) or buyer. If a $5.00 per hour worker wants to rent or buy a cottage or a hovel, why should they be prevented from doing so?
For some reason, conservatives and even most libertarians fail to apply their reasoning consistently.
that this was the minimum wage. How did it suddenly get changed to be the "living" wage?
When the composition of minimum wage workers changed from teens who don't need to live on that wage to adults who do need to live on that wage.
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