qeee1 wrote:Most minimum wage paying companies (at least from my experience here) are big corporations with massive profit margins, increasing the wages doesn't mean everyone loses their jobs, it means one less starbucks gets opened this year.
Most minimum wage jobs are in small businesses. Most fast food chains and whatnot are independently owned and operated. In other words, what typically happens is this:
some burger flipper manages to go to night school, get promoted to manager, saves up some money, then pays the $500 franchising fee to open up his own store. At least that's the way it was with the guy that I worked for. Now, he drove us like indentured servants (if you didn't have anything to do, your shift was over... don't matter if you were scheduled to work from 11-4, if it wasn't busy at 2:30, time to clock out) Why did he work us so hard and try to save his pennies at every turn? Because opening up a store is expensive... the land, the construction, etc.
Given the profit a typical worker generates he was underpaid before and he's still underpaid now... ok.
Where I work makes about 7,000 profit a day, workers get paid around 2,000 max...
There's very little profit and lots of risk in opening up your own small business. At first at least; once you've paid off all the initial costs, it does get nicely profitable.
Andre is also being screwed over apparently, his fault for staying with a shitty company so long. And burger flipping is hardly a pleasent job to work, bob deserves to be paid decently.
Also in case you haven't noticed, jobs people previously used to support families are moving to China and all that's replaced them often is minimum wage jobs.
I deserved every penny I earned. Probably not any more
I only had one co-worker who was not a teenager. He was in his late 20s and raising a family. He got promoted to assistant manager. There he made more than enough money to live well in a place like TN where the cost of living and tax rates are very very low.
Which brings me to my view of the minimum wage:
It costs twice as much to live in a place like NYC than it does to live in a place like Athens, GA. Why on earth would you set the minimum wage at the federal level?
For example, according to bankrate.com, $16,000 in Queens, NY (8$/hr x 40hrs per week x 50 weeks per year) is equivalent to $9,504.58 in Paducah, KY. (which would be $4.75 under that same working conditions)
Raising the minimum wage in places like NY and California makes sense. Raising the minimum wage in KY or IA doesn't.