One Company’s New Minimum Wage: $70,000 a Year

[Claudex]

This 70k company is a perfect example of wanting to do whats "right" socially, but instead doing whats wrong financially. You guys are driving labor demand towards unskilled industries thus trapping these people in the same plight they've always been in. If you're preaching anything other than continued education and working on their skills then we're going to be revisiting this situation often.

Wait a minute, hol' up; how'd you figure this out?!
It's one company taking a step that was calculated and theoretically made sense. Except for the fact that the co-owner (aka evil/smarter older brother) decided to sue, how was the move "wrong"?

Also, we guys ain't doing shyt

. It's just one company fam, in the middle of nowhere. The company's clients (except for a couple of others) already said they ain't down with making the same decision. So how exactly is labor demand being brought up?

Also, isn't raising demand towards unskilled industries a good thing? Everybody can't/doesn't-want-to be skilled. That shyt takes money, ability/willingness (some people just weren't built for college) and time.

If it fits your company structure and it is financially feasible, by all means go for it. You'll be enticing workers to come work for you and they'll be happy about it. The problem is the majority of companies cannot afford this and forcing it through minimum wages or social pressures is not a good way to go about it, IMO. 99.99% of people cannot start a business handing out 70k salaries to all employees. Its just not realistic. Only established companies will be able to afford these salaries, but these companies have already made huge chunks of change through traditional labor practices. So basically, they'd be cheating and getting a huge head start in order to have the finances available to offer 70k salaries to all employees.

I agree with the red...but you're making it seem like someone said that this Dan Price cat gets to decide that the whole state's min wage should be $70,000 and that's not really what happened. Seattle raised the min wage a little, this guy just decided to raise it by more in his company. The $70,000 is his business that no other business has to follow through with.

And it seems his company could handle it, except for the fact that workers weren't used to seeing the janitor rake in as much as them so a couple of them dropped since motivation reached a low. But new applicants came through with the quickness. So that's that.

 

[ill]

Wait a minute, hol' up; how'd you figure this out?!
(1) It's one company taking a step that was calculated and theoretically made sense. Except for the fact that the co-owner (aka evil/smarter older brother) decided to sue, how was the move "wrong"?

Also, we guys ain't doing shyt

. It's just one company fam, in the middle of nowhere. The company's clients (except for a couple of others) already said they ain't down with making the same decision. (2) So how exactly is labor demand being brought up?

(3) Also, isn't raising demand towards unskilled industries a good thing? Everybody can't/doesn't-want-to be skilled. That shyt takes money, ability/willingness (some people just weren't built for college) and time.



I agree with the red...but you're making it seem like someone said that this Dan Price cat gets to decide that the whole state's min wage should be $70,000 and that's not really what happened. Seattle raised the min wage a little, this guy just decided to raise it by more in his company. The $70,000 is his business that no other business has to follow through with.

And it seems his company could handle it, except for the fact that workers weren't used to seeing the janitor rake in as much as them so a couple of them dropped since motivation reached a low. But new applicants came through with the quickness. So that's that.

1. This guy has to rent out his home to make ends meet. I don't believe his "calculated" plan made any sense to begin with.

2. The labor demand is brought up because this guy was in the same sentence as the Seattle min wage raises. He went above and beyond to prove a social point and it looks like he has failed.

3. ABSOLUTLY NOT!!!!! This is such a horrible viewpoint. Why in the fukk would having more UNSKILLED and UNEDUCATED workers be a good thing? Never mind when they're demanding higher wages than SKILLED AND EDUCATED workers. Its not automatic that the skilled workers rates will rise just because the unskilled workers rates rise. This isn't utopia. Theres a price for everything. If people aren't willing to invest money into their futures, they don't deserve the rewards. Its that simple. Really, its that simple. If you do the bare minimum, you should be paid accordingly. Why encourage people to be slobs and lazy and do the bare minimum? Its basically saying that because you're American, you're entitled to do jack shyt and get paid real well for it. Makes zero sense. Why did you bother going to school? Why do you bother gaining knowledge? Its to get ahead. Its not to see people that haven't put any effort in get the same shyt that you worked your ass for.

 

[Respectable Man]

nice

 

[Claudex]

1. This guy has to rent out his home to make ends meet. I don't believe his "calculated" plan made any sense to begin with.

2. The labor demand is brought up because this guy was in the same sentence as the Seattle min wage raises. He went above and beyond to prove a social point and it looks like he has failed.

3. ABSOLUTLY NOT!!!!! This is such a horrible viewpoint. Why in the fukk would having more UNSKILLED and UNEDUCATED workers be a good thing? Never mind when they're demanding higher wages than SKILLED AND EDUCATED workers. Its not automatic that the skilled workers rates will rise just because the unskilled workers rates rise. This isn't utopia. Theres a price for everything. If people aren't willing to invest money into their futures, they don't deserve the rewards. Its that simple. Really, its that simple. If you do the bare minimum, you should be paid accordingly. Why encourage people to be slobs and lazy and do the bare minimum? Its basically saying that because you're American, you're entitled to do jack shyt and get paid real well for it. Makes zero sense. Why did you bother going to school? Why do you bother gaining knowledge? Its to get ahead. Its not to see people that haven't put any effort in get the same shyt that you worked your ass for.

1. I was sure that happened only because his brother hit him with the lawsuit, so his 'already tight' plan fell through. He did say he was going to give everything to his brother in one of the articles, 'cause homie is out for blood (since he owns 30% of the company and is probably panicking).

2. Seattle did raise the wages, however not by that much...$11 dolars vs $7.50. Sure it'll impact the state's economy, but it shouldn't be by much. As far as we know, the wages only increased in order to catch up to the cost of living (rather than vice-versa).

3. Unskilled workers are demanding higher wages (after all who isn't?) but they are not demanding higher wages than skilled and educated as far as I know. They're demanding wages that can help them breathe and allow them to maintain only one job instead of spending God knows how many hours working 2 jobs, with no time or money left to go to school...all of it going to bills and family instead.

The bare minimum becomes a slave's wage when it doesn't connect with the rising cost of living. As simple as that. Illegal immigrants can deal with the bare minimum but that's because Uncle Sam doesn't look under the table, you better not get caught tho' or your ass is getting deported.

If $7.50 can't get you to even keep a job (transportation, food, rent) then $7.50 is simply below what the minimum should be...as simple as that.
Personally, I didn't just "bother" to go to school, I also had the grades and I was financially able to go to school. Ain't the same for everyone.

Funny thing is that, for all the talk about Americans being lazy and slobs when I came face to face with them, they actually turned out to be the complete opposite for the most part. Americans usually work a shyt load, it's just that most of it goes into making ends meet (for the lower class) while enriching an already amazingly rich upper class.


As I understand it, once upon a time in American history Americans didn't have to work two jobs to make ends meet...one was enough...sohh, what happened?

 

[tmonster]

Your liberal ideas cost real dollars.

we can stop here

 

[tmonster]

Blindly spending money (typically other peoples money)

yeah...it's them liberals that like to do that
the irony of you using the term "blindly"

 

[CHL]

yeah...it's them liberals that like to do that
the irony of you using the term "blindly"

Maybe he meant Neo-liberals?






Who am I kidding, he's a fool

 

[☑︎#VoteDemocrat]

Dude's that were initially praising this have never had their own skin in the game when it comes to entrepreneurship.

not every company is based off of Bain Capital

 

[tmonster]

Dude's that were initially praising this have never had their own skin in the game when it comes to entrepreneurship.

This statement bought to you by people trying desperately to keep their own skin out of the game

 

[Broke Wave]

This statement bought to you by people trying desperately to keep their own skin out of the game

Do YOU have any skin in the game? Are you involved with X? What qualifies you to talk about X, when you dont have a degree from Y, and Z is making TOUGH choices?

 

[JMurder]

ABSOLUTLY NOT!!!!! This is such a horrible viewpoint. Why in the fukk would having more UNSKILLED and UNEDUCATED workers be a good thing? Never mind when they're demanding higher wages than SKILLED AND EDUCATED workers. Its not automatic that the skilled workers rates will rise just because the unskilled workers rates rise. This isn't utopia. Theres a price for everything. If people aren't willing to invest money into their futures, they don't deserve the rewards. Its that simple. Really, its that simple. If you do the bare minimum, you should be paid accordingly. Why encourage people to be slobs and lazy and do the bare minimum? Its basically saying that because you're American, you're entitled to do jack shyt and get paid real well for it. Makes zero sense. Why did you bother going to school? Why do you bother gaining knowledge? Its to get ahead. Its not to see people that haven't put any effort in get the same shyt that you worked your ass for.

I got paid the minimum in my last job. There was a certain point where if I had just decided to up and leave that the company would be fukked. I received no raise. I received no promotion. The importance of my job was acknowledged. MANY minimum wage workers deal with this same exact dilemma and what you're saying is "because they didn't put money into getting a better job" or "because the training it takes to do some of the basic functions of that job is minimal" that they don't deserve to be paid enough to survive. And you say this despite the fact that in many cases if minimum wage workers decide for a week that they won't work unless they get a pay raise, that basic functions of that job won't work. I'm not talking about basic McDonald's or Starbuck's walk in and get trained in a day jobs either. I'm talking about companies that require computer knowledge, filing, knowing the difference between one thing and another.....those jobs have minimum wage workers that are vital to the profit margin.