Wyatt earp
Diamond Member
- Apr 21, 2012
- 69,975
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Another dumb fuck opinion piece, News flash needle dicks.....
1. Who makes minimum wage and stays at minimum wage for months or years at end?
2. (THE MOST IMPORTANT) 70% OF WORKERS WILL QUIT WHAT EVER MINIMUM WAGE PAYS
YOU DUMB MOTHER FUCKERS.
70% of workers quit at current $7.25 federal minimum wage in 'brutal' turnover cycle
70% of workers are likely to quit at current $7.25 federal minimum wage in 'brutal' turnover cycle
Published 3 Hours Ago Updated
Fast-food workers and supporters fight to raise the minimum wage to $15 an hour.
For the more than 6 million small businesses nationwide, employee turnover can be a brutal expense.
In fact, nearly 1 in 3 (32%) employees will no longer be at their current employer one year from now. For a team of 20, where each person earns $50,000, that turnover rate can cost a business more than $100,000 a year. That's why reducing turnover is essential for keeping costs down as it relates to hiring, onboarding and training employees.
In a recent analysis of why employees leave small businesses, the research team at payroll, HR and benefits company Gusto found a strong correlation between hourly wage thresholds and the rate of turnover.
According to the data from tens of thousands of small business employers who work with Gusto across the U.S., employees earning $7.25/hour (the current federal minimum wage) have a 70% chance of leaving within a year, more than double the average turnover rate of 32%.
This finding comes alongside the recent passage of the Raise the Wage Act in the U.S. House of Representatives. The bill proposes a gradual increase to the federal minimum wage from $7.25/hour to $15/hour by 2025. The Senate hasn't considered the bill at this point, yetnearly all 2020 Democratic presidential candidates support the legislation.
1. Who makes minimum wage and stays at minimum wage for months or years at end?
2. (THE MOST IMPORTANT) 70% OF WORKERS WILL QUIT WHAT EVER MINIMUM WAGE PAYS
YOU DUMB MOTHER FUCKERS.
70% of workers quit at current $7.25 federal minimum wage in 'brutal' turnover cycle
70% of workers are likely to quit at current $7.25 federal minimum wage in 'brutal' turnover cycle
- A survey of tens of thousands of small businesses reveals that the employee turnover rate is more than double the national average when employees are paid the federal minimum wage of $7.25/hour.
- With a nationwide movement to raise the minimum wage to $15/hour, the research shows that turnover rates would decline as a result, though with a diminishing impact once wages pass $15.
Published 3 Hours Ago Updated
Fast-food workers and supporters fight to raise the minimum wage to $15 an hour.
For the more than 6 million small businesses nationwide, employee turnover can be a brutal expense.
In fact, nearly 1 in 3 (32%) employees will no longer be at their current employer one year from now. For a team of 20, where each person earns $50,000, that turnover rate can cost a business more than $100,000 a year. That's why reducing turnover is essential for keeping costs down as it relates to hiring, onboarding and training employees.
In a recent analysis of why employees leave small businesses, the research team at payroll, HR and benefits company Gusto found a strong correlation between hourly wage thresholds and the rate of turnover.
According to the data from tens of thousands of small business employers who work with Gusto across the U.S., employees earning $7.25/hour (the current federal minimum wage) have a 70% chance of leaving within a year, more than double the average turnover rate of 32%.
This finding comes alongside the recent passage of the Raise the Wage Act in the U.S. House of Representatives. The bill proposes a gradual increase to the federal minimum wage from $7.25/hour to $15/hour by 2025. The Senate hasn't considered the bill at this point, yetnearly all 2020 Democratic presidential candidates support the legislation.
