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They probably are on the verge of introducing totally automated drive up windows.
Yeah, I actually know someone that works at Target and their wages are being escalated too.
More automation and oh wait....yeah, they're firing anyone that isn't performing really well.
Heck this has been a noted economic effect.
I personally don't care, this is up to BOA after all, but there will be winners and losers despite people being incapable of understanding how businesses operate thinking it's just wins all-around.
So let's just keep wages low and let people barely scape by. Meanwhile, Bank of America saw a profit of close to $23 billion last year, and the CEO is pulling in excess of $22 million a year. All the C-Suite executives are taking home tens of millions of dollars every year.
But sharing the wealth by paying their workers a good wage is going to break them.
its their money. If they think it's a good business decision to do this, good for them.
Me? I'm going to check in with my local bank AND Fidelity and Vanguard and make sure they are paying living wages. Social justice is good.
And you, (or more likely, the gullible people you seek to lead around by the nose) probably think the check is in the mail and the government is here to help us as well.
"Minimum wage" is a sick joke, no one with any ability expects to be stuck at it for vey long, but in a gutted, post-industrial society, the thinly-disguised boot-licking called "customer service" (always an easier sell to "trailing spouses" than to those whom seek to be primary breadwinners) takes precedence; and that, in turn, lies at the center of all the duplicity that characterizes too many contemporary workplaces.
Quote:
Originally Posted by Drungus
BOA is doing this because they need more and better employees, not because they are humanitarians. And that's exactly as it should be.
But it's also a safe bet that if technology eliminates most front-line teller's jobs, the whip will be cracked even harder on those who remain, and job security (and possibly, "work/life balance" - a buzzword for the common desire of a shorter and less-structured workday and work-week) will be diminished.
I've never put much stock in the theory that Internet forms are habited by paid "trolls" with a heavier agenda, but some of the "sweet lies" in this thread make it just a little harder for me to dismiss this.
Last edited by 2nd trick op; 04-09-2019 at 10:46 AM..
When an employer can play with taxpayer money it's not hard to do something like this.
This is the most accurate comment on this thread. When corporations know the government will bail them out in their revolving door, crony capitalistic system, they can play dangerously much more easily.
Momma, what is a bank teller? It's gonna be hard times for a whole lotta people in the coming years as automation takes whatever jobs globalism left behind.
Maybe the serfs wont look so unfavorably at their crony/govt counterfeiting business model if they virtue signal enough. I see its working on some already. Besides we can always bail them out if they err in overpaying their employees.
Yeah, I've been in the serfice (serface) business for a long time.
When I paid my employees very well, I was attacked by the Government and Banking institutions.
It's nice that this bank is voluntarily doing this without the left passing a law forcing them to. I hope it works out for them, and I hope these jobs are all going to American citizens. Perhaps some other competing banks will voluntarily follow suit.
A private business setting its own wages as it sees fit is capitalism in action.
Why would conservatives melt? This is simply the market being allowed to do what the market demands.
BOA is doing this because they need more and better employees, not because they are humanitarians. And that's exactly as it should be.
And it has nothing to do with the optics when bankers are called before the Democratic house this week and will be asked to explain why 1/3 of banking employees are on public assistance while CEO enjoy salaries and benefits valued in the billions.
Me? I'm going to check in with my local bank AND Fidelity and Vanguard and make sure they are paying living wages. Social justice is good.
Your son was a money launderer for a criminal organization?
Yeah, I'd boast about that too.
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