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If you pay more than minimum wage you can demand more from your employees because you have the option of replacing them with more capable people. Costco, Trader Joes, and a number of other companies have learned this.
People that are living on starvation wages rarely make good employees. The results are high turnover and poor employee moral.
And when you OWN the company you can follow the Costco model. As for Walmart, it is THEIR decision to determine the worth and wages - at or above the gov't mandated minimum - of THEIR employees ... not mine and certainly not YOURS.
So it's OK for a company to collect tens of billions in taxpayer paid subsidies then pay so little that their employees can qualify for welfare?
It's a business decision fail. Why farm stuff out when you can BE the farm? An equipment lease for $100k is about $3K/month. One could create enough business by accepting outside business to pay the lease and offer customers full service.
Any first year econ student knows that the most efficient method of delivering goods and services to market is the indirect method. You just failed out ... again.
What the hell are you writing about, and why would you use an import/export model?
If you pay more than minimum wage you can demand more from your employees because you have the option of replacing them with more capable people. Costco, Trader Joes, and a number of other companies have learned this.
People that are living on starvation wages rarely make good employees. The results are high turnover and poor employee moral.
And when you OWN the company you can follow the Costco model. As for Walmart, it is THEIR decision to determine the worth and wages - at or above the gov't mandated minimum - of THEIR employees ... not mine and certainly not YOURS.
So it's OK for a company to collect tens of billions in taxpayer paid subsidies then pay so little that their employees can qualify for welfare?
OncePercenter already claims to be the head of some company.Rather than sit on your butt posting utter BS and collecting your gov't subsidy, please get up and start your own company
So it's OK for a company to collect tens of billions in taxpayer paid subsidies then pay so little that their employees can qualify for welfare?
Retail stores don't determine the value of sales clerks or counter workers.
That's determined by the market for labor and minimum wage laws.
Most employers pay the lowest wage possible wage to low skill workers. If the minimum wage is $4, $8, $12, or $15, they will pay it because they must have the people to operate the business.
Every affected business will cover the additional cost differently. Some will increase prices, other will cut some employees that aren't really necessary, and still others will cut other costs or reduce profit margins.
Most economists are in agreement that increases in the minimum wage has little effect on the overall economy. This is because there are both positive and negative effects on the economy. Higher wages can result in higher prices which is bad but higher wages also increase sales because it puts more money in the hands of the poor. Higher wages can cause some job lost for marginal workers resulting in more government assistance but higher wages can also push some people off government assistance. Higher wages makes getting a job more attractive but it also creates more completion for low skilled jobs.
Any first year econ student knows that the most efficient method of delivering goods and services to market is the indirect method. You just failed out ... again.
What the hell are you writing about, and why would you use an import/export model?
Please stop pretending to know what you are talking about. Indirect distribution has many advantages which is why a large portion of the economy uses it to sell products. It is very difficult to specialize in all the aspects of the product cycle therefore firms focus on their specialty and use outside companies for the other tasks rather than "BE the farm."
Went to McDonald's for lunch today. No protesters to be seen btw. I ordered a number 7 meal, large with a Diet Coke and a Happy Meal cheeseburger for a girl. Thinking that I also wanted a small mcnuggets, I asked what sizes that they come in. The lady said 4, 6, and 10. "I'll take a 4 piece please."
I get my order and she hands me two large drink cups. Then she asks me what drink I wanted with my happy meal. I didn't know what to say since she was just going to give me an empty cup for me to fill.
At this point, voices in my head should have told me to check my order, but the voices failed. When I got back home they didnt give me my 4 piece but instead put the four piece in the happy meal and the child didnt get her cheeseburger. Practically the entire order was screwed up.
How does anyone deserve to double their salary when they perform their job so badly? It's nonsense.
At fine restaurants, most waiters make well above minimum wage. They have health insurance, retirement, and other benefits. However in most small restaurants as well many chains, it's usually minimum wage, maybe a bit more and limited benefits.Went to McDonald's for lunch today. No protesters to be seen btw. I ordered a number 7 meal, large with a Diet Coke and a Happy Meal cheeseburger for a girl. Thinking that I also wanted a small mcnuggets, I asked what sizes that they come in. The lady said 4, 6, and 10. "I'll take a 4 piece please."
I get my order and she hands me two large drink cups. Then she asks me what drink I wanted with my happy meal. I didn't know what to say since she was just going to give me an empty cup for me to fill.
At this point, voices in my head should have told me to check my order, but the voices failed. When I got back home they didnt give me my 4 piece but instead put the four piece in the happy meal and the child didnt get her cheeseburger. Practically the entire order was screwed up.
How does anyone deserve to double their salary when they perform their job so badly? It's nonsense.
You didn't check your order before you left. It's YOUR FAULT!
My steak at Peter Luger's last night was perfect! Of course everyone there makes more than $15.00/hr.
At fine restaurants, most waiters make well above minimum wage. They have health insurance, retirement, and other benefits. However in most small restaurants as well many chains, it's usually minimum wage, maybe a bit more and limited benefits.
The current minimum wage makes it almost impossible for many parents to work. The average cost of child care is usually at or above minimum wage. Where I live, minimum wage is $9.30/hr and the average cost of childcare is above $10/hr. In my area if you have two kids, then child care is going to cost you $12 to $15/hr, so if you can't get well above minimum wage, then you can't support your family without assistance. However, a higher minimum wage, say $15/hr would push the cost of child care up so the parent would still have the same problem.
Amen. Most minimum wage workers are lucky it exists. Otherwise they would be actually paid what they're worth.At fine restaurants, most waiters make well above minimum wage. They have health insurance, retirement, and other benefits. However in most small restaurants as well many chains, it's usually minimum wage, maybe a bit more and limited benefits.
The current minimum wage makes it almost impossible for many parents to work. The average cost of child care is usually at or above minimum wage. Where I live, minimum wage is $9.30/hr and the average cost of childcare is above $10/hr. In my area if you have two kids, then child care is going to cost you $12 to $15/hr, so if you can't get well above minimum wage, then you can't support your family without assistance. However, a higher minimum wage, say $15/hr would push the cost of child care up so the parent would still have the same problem.
It isn't the min wage that restricts those whose skills limit them to min $7.25/hr ... it's their lack of marketable skills. If one is capable only of making babies...
Amen. Most minimum wage workers are lucky it exists. Otherwise they would be actually paid what they're worth.At fine restaurants, most waiters make well above minimum wage. They have health insurance, retirement, and other benefits. However in most small restaurants as well many chains, it's usually minimum wage, maybe a bit more and limited benefits.
The current minimum wage makes it almost impossible for many parents to work. The average cost of child care is usually at or above minimum wage. Where I live, minimum wage is $9.30/hr and the average cost of childcare is above $10/hr. In my area if you have two kids, then child care is going to cost you $12 to $15/hr, so if you can't get well above minimum wage, then you can't support your family without assistance. However, a higher minimum wage, say $15/hr would push the cost of child care up so the parent would still have the same problem.
It isn't the min wage that restricts those whose skills limit them to min $7.25/hr ... it's their lack of marketable skills. If one is capable only of making babies...
That would be true of most workers, but minimum wagers are already overpaid. That's why there's a minimum wage.Amen. Most minimum wage workers are lucky it exists. Otherwise they would be actually paid what they're worth.At fine restaurants, most waiters make well above minimum wage. They have health insurance, retirement, and other benefits. However in most small restaurants as well many chains, it's usually minimum wage, maybe a bit more and limited benefits.
The current minimum wage makes it almost impossible for many parents to work. The average cost of child care is usually at or above minimum wage. Where I live, minimum wage is $9.30/hr and the average cost of childcare is above $10/hr. In my area if you have two kids, then child care is going to cost you $12 to $15/hr, so if you can't get well above minimum wage, then you can't support your family without assistance. However, a higher minimum wage, say $15/hr would push the cost of child care up so the parent would still have the same problem.
It isn't the min wage that restricts those whose skills limit them to min $7.25/hr ... it's their lack of marketable skills. If one is capable only of making babies...
well they might be paid a lot more in a Republican free market too if there were no govt programs to suppliment their income, no illegal aliens here to take their jobs and drive wages down, no corprate and unions taxes to drive jobs away, and no deficits to allow China to buy our deficits rather than our products..
, but minimum wagers are already overpaid. That's why there's a minimum wage.
Unfortunately some parents are living in 20th century teaching their kids that a women's place in the home. So girls get out high school, get a minimum wage job, a husband, quit work to raise a family and live in wedded bliss. Half of them will find themselves with no husband to bring in a pay check, no real jobs skills and on government assistance.At fine restaurants, most waiters make well above minimum wage. They have health insurance, retirement, and other benefits. However in most small restaurants as well many chains, it's usually minimum wage, maybe a bit more and limited benefits.
The current minimum wage makes it almost impossible for many parents to work. The average cost of child care is usually at or above minimum wage. Where I live, minimum wage is $9.30/hr and the average cost of childcare is above $10/hr. In my area if you have two kids, then child care is going to cost you $12 to $15/hr, so if you can't get well above minimum wage, then you can't support your family without assistance. However, a higher minimum wage, say $15/hr would push the cost of child care up so the parent would still have the same problem.
It isn't the min wage that restricts those whose skills limit them to min $7.25/hr ... it's their lack of marketable skills. If one is capable only of making babies...
Unfortunately some parents are living in 20th century teaching their kids that a women's place in the home. So girls get out high school, get a minimum wage job, a husband, quit work to raise a family and live in wedded bliss. Half of them will find themselves with no husband to bring in a pay check, no real jobs skills and on government assistance.At fine restaurants, most waiters make well above minimum wage. They have health insurance, retirement, and other benefits. However in most small restaurants as well many chains, it's usually minimum wage, maybe a bit more and limited benefits.
The current minimum wage makes it almost impossible for many parents to work. The average cost of child care is usually at or above minimum wage. Where I live, minimum wage is $9.30/hr and the average cost of childcare is above $10/hr. In my area if you have two kids, then child care is going to cost you $12 to $15/hr, so if you can't get well above minimum wage, then you can't support your family without assistance. However, a higher minimum wage, say $15/hr would push the cost of child care up so the parent would still have the same problem.
It isn't the min wage that restricts those whose skills limit them to min $7.25/hr ... it's their lack of marketable skills. If one is capable only of making babies...
Sure, they have babies with several baby daddies knowing that the government will support them. What a frigging fiasco!Unfortunately some parents are living in 20th century teaching their kids that a women's place in the home. So girls get out high school, get a minimum wage job, a husband, quit work to raise a family and live in wedded bliss. Half of them will find themselves with no husband to bring in a pay check, no real jobs skills and on government assistance.At fine restaurants, most waiters make well above minimum wage. They have health insurance, retirement, and other benefits. However in most small restaurants as well many chains, it's usually minimum wage, maybe a bit more and limited benefits.
The current minimum wage makes it almost impossible for many parents to work. The average cost of child care is usually at or above minimum wage. Where I live, minimum wage is $9.30/hr and the average cost of childcare is above $10/hr. In my area if you have two kids, then child care is going to cost you $12 to $15/hr, so if you can't get well above minimum wage, then you can't support your family without assistance. However, a higher minimum wage, say $15/hr would push the cost of child care up so the parent would still have the same problem.
It isn't the min wage that restricts those whose skills limit them to min $7.25/hr ... it's their lack of marketable skills. If one is capable only of making babies...
Unfortunately some parents are living in 20th century teaching their kids that a women's place in the home. So girls get out high school, get a minimum wage job, a husband, quit work to raise a family and live in wedded bliss. Half of them will find themselves with no husband to bring in a pay check, no real jobs skills and on government assistance.At fine restaurants, most waiters make well above minimum wage. They have health insurance, retirement, and other benefits. However in most small restaurants as well many chains, it's usually minimum wage, maybe a bit more and limited benefits.
The current minimum wage makes it almost impossible for many parents to work. The average cost of child care is usually at or above minimum wage. Where I live, minimum wage is $9.30/hr and the average cost of childcare is above $10/hr. In my area if you have two kids, then child care is going to cost you $12 to $15/hr, so if you can't get well above minimum wage, then you can't support your family without assistance. However, a higher minimum wage, say $15/hr would push the cost of child care up so the parent would still have the same problem.
It isn't the min wage that restricts those whose skills limit them to min $7.25/hr ... it's their lack of marketable skills. If one is capable only of making babies...
they have the right to fail or otherwise live their lives as they see fit.
