a company that can only afford to pay 5 an hour will be unable to secure employees.
So your premise is a failed one.
Not at all. At that rate the turnover is terrific, or I can only hire teens, but the point is at what wage level do we just say the hell with it, there has to be a better way of doing business? If you can't afford to pay a living wage there's a very good chance that you shouldn't be in business in the first place.
there are many jobs that do not require those that need a living wage.....and only require the high school sophomore.
Don't know your age, but when I was a kid, every single person working at McDonalds was my age....16-18.....every single person pricing the Peas at the A&P were my age.....every kid cleaning the tables at the local deli was...well.....a kid.
I don't have an issue with kids being paid like kids, I have an issue with adults being paid that way. And if the only way you can stay in business is by using teen labor, you need another business plan.
You are absolutely wrong.
Why does a Burger King need adult labor other than the manager?
Better yet, lets look at a small business...one establishment...
A Pool Maintenance company.......a guy has four teens (college kids or late high school) and his business is servicing pools. Each kid services 4 pools a day...16 pools in total.....they vacuum, check the chemicals, backwash the filter, skim the top....he charges 50 bucks a pool and pays the kids 10 an hour and he reimburses them for gas. They make 5700 each for the summer (12 weeks) and are thrilled to death....the owner makes 45,000 after he pays the kids...and that is for 3 months.
That is a bad business model?