Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
wages is based on what one agrees on when hired, it is not based on company profit, its is no business of the employee what the profit is, its not the employee business, he has no risk in the matter. if the business make one dollar profit per hour on each employee or a 1000 dollars per hour per employee, its of no concern to the employee.
the only thing the employer owes the employee is:
wages for the hours work at the rate agreed upon
a safe place to work.
its not what the company can afford but what was agreed upon while hiring on.
wages is based on what one agrees on when hired, it is not based on company profit, its is no business of the employee what the profit is, its not the employee business, he has no risk in the matter. if the business make one dollar profit per hour on each employee or a 1000 dollars per hour per employee, its of no concern to the employee.
the only thing the employer owes the employee is:
wages for the hours work at the rate agreed upon
a safe place to work.
its not what the company can afford but what was agreed upon while hiring on.
The only reason employees agree with that wage is because it is that or go on government programs or become homeless. Just because an employee agrees to a wage does not mean they actually think that wage is fair it is just the lowest wage they will accept is. Employers owe employees a fair wage that is why we have a min wage in the first place so business owners can not exploit their employees.
Last edited by Storm Eagle; 02-19-2015 at 11:23 PM..
The only reason employees agree with that wage is because it is that or go on government programs or become homeless. Just because an employee agrees to a wage does not mean they actually think that wage is fair it is just the lowest wage they will accept is. Employers owe employees a fair wage that is why we have a min wage in the first place so business owners can not exploit their employees.
McD's doesn't offer low wages because they want to exploit a worker with 4 kids. They offer low wages because they are offering low skill jobs that thousands of high school kids are capable and willing to perform.
Tell you what. You open a business and try the math. You aren't accounting for those making above minimum wage that will demand raises, raising their prices and so on and so forth. If it was that easy, everyone would have done it.
If every single worker in the world got a 10% raise, and prices raised 10%, then there would be no impact. If you assume that even a single worker got a raise smaller than the minimum wage increase, the average price increase will be smaller than the minimum wage increase and you'll have successfully increased the purchasing power of those workers.
It shouldn't be a surprising result, since minimum wage has increase hundreds of times around the world and always works this way. We're not talking about some abstract hypothetical.
If every single worker in the world got a 10% raise, and prices raised 10%, then there would be no impact. If you assume that even a single worker got a raise smaller than the minimum wage increase, the average price increase will be smaller than the minimum wage increase and you'll have successfully increased the purchasing power of those workers.
It shouldn't be a surprising result, since minimum wage has increase hundreds of times around the world and always works this way. We're not talking about some abstract hypothetical.
Yes, minimum wage has gone up many times but yet the wealth gap is at record levels. The problem is not the minimum wage.
A $31,200 isn't that much, you act like people should be lucky to make that much money.
I worked in a Marketing/Sales department and was paid only $25,000 year in the late 80's. You're not going to try to tell me that inflation has forced salary's that much higher since then, are you?
No low skilled "trained monkey" is worth $31,200/year!
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
