Simple Minimum Wage Question...

I am not looking for an argument and if this is not permitted please just remove it..


With the talks about the Minimum wage being at $7.25 an hour.. and suggesting to raise it to $10.10 per hour.. a roughly 40% increase.. would this mean that all people would see a 40% raise in their hourly pay or salary?

It would only seem fair that someone that is in a skilled position that is making say $15 an hour.. Twice the Minimum wage should also get a 40% raise to keep them at a clear level that means that are worth more as they are a skilled worker in a skilled field.

Is this how it would work.. or would it basically just bump anyone that is at less than $10.10 an hour up to $10.10 and everyone else is just stuck at what they were making beforehand...?

 

Is this a real question ?

Under what mechanism would everybody else be ensured to get a 40% increase in pay ?

 

No it would not work that way.

 

It would not work that way as unless you're union or have some sort of contract that has a parity clause in it . If they do raise the min wage that much look for a lot of places to cut positions and increase hours to just under 40 per week to avoid full time status and all the things that go along with it. That is just my opinion on the cutting positions.
Cypher

 

the corporation is run by an Idiot and his minions

 

It would make a difference for some people but most wouldn't see any raise. If you were in a supervisory role making $10.00 when min wage was $7 and that min wage went up to $10, they would have to bump you up a bit. They couldn't have a supervisor making the same as the general workers or no one would want to be promoted. That being said, a raise would not necessarily equal the percentage seen by the min wage increase.

Also, if you were making $100k/year, minimum wage going from $14k/year to $20k/year would be irrelevant. Going in an demanding $140k/year because minimum wage went up 40% would make people think you're crazy. Haha

On a side note, why would someone else's pay determine if you're happy or unhappy with your own pay? If you were happy with $15, believing it to be a fair wage for your position, why would having someone else making 7,8,9,10 dollars make any difference?

 

No Butters.

 

Honestly I would think that people in certain positions that feel they are under paid at 10-15$ an hour like school teachers paramedics and some other important but underpaid people should all see mandated raises if all of a sudden you are going to say burger flippers at MCDonalds will now make the same amount of money

If I was making double minimum wage at $15 and now that worker it making $10.. I would expect a raise as well..as I still feel I was more skilled or more important..

Take the Military for example an E1 only makes 9.90 base on a 40 work week .. 160 hrs a month.. and alot of military folks are working 50-60 hr a week..

idk.. i just see it as if the lowest skilled workers are getting raises than the skilled workers should see an increase.. then again companies could do like the military and cut out all the expieranced people and hire all new bottom people and only start them at the 10.10

 

So just institute a 40% raise for everybody

 

I wouldnt expect it to be 40%.. but I would expect that they could have some type of system that shows pay increases to those that are currently at or just above the proposed level.. say people in the $10-$20 per hour range.. would see increases if even a few bucks an hour on the simple point that if you were making double to triple minimum wage.. you should all of a sudden be making minimum wage because the increase it.. idk maybe its just me..

I could always go for more money..

 

But the gov can only control min wage, they can't force companies to pay more to everyone. Where does that money come from? Upping min wage 40% doesn't increase a company's revenue or profit by 40%. Mandating a raise for everyone would hurt a lot of small businesses and possibly put them under. Which would in turn hurt the economy and possibly cause a minimum wage degrease.

The idea of minimum wage isn't to set a salary standard across the board. The market controls how much companies can charge for their service/product which decides what employees can earn. Raising minimum wage is only to help improve the lives of those at the lowest rate of pay legally allowed. To maybe help them afford to buy groceries and pay rent. Anyone already above that minimum wage is in a better financial position.

 

This is true.. I think I am more frustrated that they Gov Contractors on base will all get this $10.10 min wage starting next year which if they were getting Min Wage before that is the 40% raise .. yet they are talking about giving the Military members between a 1% - 1.8% raise in base pay.. 1% Raise in BAS and a 6% deduction in BAH..

 

That's probably because their budget wasn't increased to allow for more.

But really, the argument about minimum wage is about perspective. Think about this, when you started working at min wage it was higher than someone who did the same job 10 years before. So should they be unhappy that you made more than they did for the same gig? Would you be okay if they cut new people down to $5/hour then cut your pay equally? Haha

 

good point..

I guess I just dont agree that people working at Fast food places should be making $10 an hour when they could be easily replaced with touch screens so the customers can just order their own food .. like at WaWa

 

Just look at the disaster that happened in Washington when the Minimum was raised to $15 in a test city.. all hell broke loose..... VERY BAD!

 

That's a completely different can of worms haha.
There are a lot of jobs out there that pay way less than they should and tons that pay way more. That's life unfortunately.
In no way does logic say someone who plays a game for a living should make millions and millions when a medic working their ass off to save lives should make a few thousand. But that's how the free marker works, if you can make huge money from a product/service you can afford to pay your employees more.

And having the government mandate how much someone makes boarders on communism. Haha

 

Bingo

 

I've been popcorning to see whats going to happen since hawaii passed a law upping our min wage

working for the uni, my job aint flipping burgers or washing windows....

 

This is already happening in the US due to the healthcare issue. People are working multiple part-time jobs versus being able to get one good paying full-time job with benefits.

 

Little bit of math, but let's suppose someone works 40hrs/week for 50 weeks at minimum wage.

$7.25/hr=$14,500/yr before tax. Subtract FIT (1,527.50), SS Tax (899) and MediCare (420.50) and disposable income is about $11,653 before credits and SIT.

If it goes to $10.10/hr=$20,200/yr before tax. Subtract FIT (2,382.50), SS Tax (1,252.40) and MediCare (585.80) and disposable income is about $15,979.30 before credits and SIT.

My point isn't for/against an increase in minimum wage, but rather why would the gal getting a pay increase from $14k have any effect on my wage? Reasonable to argue that it may increase CPI, but that's why you should always negotiate a raise >= rate of inflation.