What is the constitutional authority that allows the federal government to prescribe minimum wages? If it is so beneficial to the country, why don't we enact an amendment and establish it as a protected right?
Does the conversation change when we realize we are talking about around 2% of the hourly paid workforce in the US?
You are out of your ever lovin mind, and obviously work for someone else, and obviously always will! If you have to make your "living" from a McDonalds counter boy paycheck, YOU are wrong, NOT the minimum wage!“No business which depends for existence on paying less than living wages to its workers has any right to continue in this country." “By living wages, I mean more than a bare subsistence level. I mean the wages of decent living.”
Roosevelt
In brief, social contract, etc.
That figure is also unless they don't make enough in tips to be at minimum wage. If they don't, the employer has to cough up the rest to get them to minimum for the hours they worked! About the first time that happens, you fire that employee because they truly do suck!2.13 minimum.
Doesn't mean ALL of them make that.
Maybe, some pay $8 per hour, plus tips. Maybe more. Maybe less.
What business is it of anyone to determine what the wage should be except the employee, the employer, and in a way.... the customer.
I've said it before, and here it is again, all of my 3 employees know, if they raise the minimum wage in Indiana, they have to decide among themselves which one goes! I REFUSE to pay more than a job is worth, and with all the added "benefits" an owner has to pay, it isn't financially feasible to me to keep all three. One guy has to go, none of them put in the hours I do, nor do they assume any of the risk, so F-(?! Anyone, and I mean ANYONE, who feels that I should pay more just because I own the business! Some weeks they make more than me.
Also keep in mind the domino effect, if the world decides flipping burgers is worth $15 dollars an hour, in Indiana that's a approximate round a 107% raise...
Now if my guys (and their union) decide they deserve the same increase, (after all they're highly skilled trained professionals with substantial personal and financial investments in their careers), who are now commanding 4 to 5 times minumum wage, that puts them at $60, to $75 an hour... I cant afford that with my current cost structure. I will have to raise my clients costs.
And they will pass it on as well.
And its ENTIRELY my business if they're hiring illegal immigrants to work here. If the work is moved offshore that's fine. if the workers are here legally and can be taught they have skills that can command more money fine.
I have a apprentice program inhouse and currently have 3 workers in those positions. It's hard dirty work with outside conditions (Good or Bad) long days and 24/7 required availability. as soon as the Target has to pay $15 to get a kid to stand around in a red shirt and BS with the other kids, It's going to be tough to get them into my program for the same $15, so I'll have to raise my pay schedule.
The free market as far as labor goes, only improves the lives of the stupid, lazy and unmotivated.
I have never made minimum wage. Even when I got my first job at 14 years old. If you stay with a company more than 6 months then minimum wage shouldn't be an issue for you, especially if you're working full time.
Low wages don't hurt the economy? I wouldn't mind having what you're on...
Making everyone else pay more so the bottom illiterate no skills non workers can make more helps the economy? I don't want what you're on. Next up we should start paying people to do nothing and that will be a good thing...
...The fairy tale being told is that the employer and the employee are on equal footing to negotiate the contract...
...Seems like most of INGO should be welcoming in illegal aliens. They are willing to work much cheaper, that's "what the job is worth", and apparently low wages don't harm an overall economy if you aren't the one working that job. Why are we so upset over their presence then? We should be begging them to come. Political borders are a hindrance to free market exchange of labor, and what business is it of yours if a company wants to contract with 3rd world labor instead of you?...
By "benefits", I mean workers comp, social insecurity, you know, the extras that come with the wage that double as the wage doubles!employees aren't entitled to benefits. They are only entitled the money they earned.
Here is my thoughts on this. If minimum wage goes up, the cost of living goes up to compensate. I will give an example, at the local store I stop at on my way to work a bag of buns cost $1.59 with the workers making $8.10 an hour. Now all of a sudden the workers receive a $6.90 an hour raise the owner will raise the price of said buns to compensate paying the worker more. So now my cost of living just went up, and the worker that was just getting by on $8.10 an hour will just get by on $15 an hour. Then those of us making better than $8.10 an hour and do not receive the $6.90 an hour raise lost money to the cost of living. So yes if minimum wage goes up, I expect the same wage increase to compensate for the cost of living going up. A 1 to 1 wage increase. As was already stated in this thread, if it cost a business owner more he will just pass that cost off on the customer.