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After the second round of raises, which is slated for this coming January, all of the company's U.S. stores will be paying at least $10 per hour, and the average minimum wage across all locations will be $11.87 -- a 10.3 percent increase over the previous year, according to the company.
Rob Olson, chief financial officer for Ikea U.S., told The Huffington Post that the company is already reaping dividends from its decision to hike the wage floor and to factor in the local cost of living in doing so.
How about that? Another company that profits by treating its employees as valuable assets, not as resources out of which to squeeze every last bit of value while paying them as little as possible.
How about that? Another company that profits by treating its employees as valuable assets, not as resources out of which to squeeze every last bit of value while paying them as little as possible.
Careful now if you keep saying things like that libertarian heads will be exploding!
How about that? Another company that profits by treating its employees as valuable assets, not as resources out of which to squeeze every last bit of value while paying them as little as possible.
$10/hr isn't exactly great money. It's below minimum wage in some jurisdictions. It isn't a living wage anywhere.
$10 may be good...depends on how stingy they are with full time positions and raises.
Quote:
For thousands of workers in the retail industry, working full-time doesn’t mean the security of a full-time job. Instead, many workers cobble together multiple part-time jobs with no benefits. The result, predictably, is lower wages, fewer benefits, and schedules that make life impossible for families.
But workers at IKEA are coming together in a campaign to change the corporate practices that deny workers full-time positions. The workers have gathered more than 6,000 signatures on a petition asking IKEA to offer every employee a full-time position. The workers have also taken their fight public, most recently giving an interview to PBS’s Newshour.
Dan Stillwell, a part-time worker from the IKEA store in Pittsburgh, Pa., spoke to Newshour about barely getting by while working seven days a week.
As Dan explained to Newshour, “I’d like to have one job with benefits – forty hours – to pay my bills and be able to save up for retirement. Or I won’t be able to stop working until I die.”
Dan works fifty hours each week, but is not eligible for benefits at either of his two part-time jobs. Without benefits, he cannot afford health insurance. After investing 16 years with IKEA, he only makes $9.25 an hour. But Dan’s story is familiar to many retail workers. That is why he joined IKEA workers from across the country to speak out for a union voice at work.
ANY company, at ANY time, for ANY reason, can decide to raise the starting pay of its new workers.
When the minimum pay hike was being discussed during the Clinton Administration, many of the chain fast food restaurants in my area had Help Wanted $XX per hour signs out. Most of them were significant higher than the then minimum wage. Do you want to give kudos to McDonalds or KFC, or Burger King?
IKEA decided that they want to pay this amount. Maybe it is for altruistic purposes, but, just maybe, they hope to attract a little better class of applicants so they don't have to spend quite so much time in the revolving door of hiring low wage workers.
$10/hr isn't exactly great money. It's below minimum wage in some jurisdictions. It isn't a living wage anywhere.
Minimum wage is $8.38 in NJ and $7.25 in PA. So $10 is not enough to live on, especially here on the east coast, but it's certainly a boon to those Ikea workers here.
Rakin! Quit talking about yourself like that, no need to be so self effacing in public
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This is't minimum wage
