Minimum Wage?

[hey]

have yet to see how that relates to a successful company's janitor's pay. at all.

Because the free market says janitors are generally not worth $20/hr. Because there's a million people lined up to do the job for less. You could take a economics 101 class if you want to learn the basics of how prices are determined.

no, pay attention and actually read. Percentages are going to scale based on how much the company is making. if the ceo is making a fuckton of money then they can afford to pay their workers well enough that they wouldn't need government help in the first place. the problem is they won't because they currently don't have to. if the ceo is making jack shit and can't afford to pay their workers well enough then the gov't should step in and give money assistance to the workers.

Not necessarily? McDonalds employs 420,000 people. If we assume that 419,000 of them are making minimum wage, and the average employee works 10 hours per week (completely made up number, i'm sure it's actually much higher), then a $1/hr increase for all of them would cost $217,880,000 per year. Now, i don't know how much the cDonald's ceo makes, but i'm guessing it's not over $200m per year.

I am all for gov't assistance. I am against the gov't being forced to give assistance because the ceo refuses to give up one of their multiple jets to help their own workers.

Yeah, giving up their private jets isn't going to help anyone. Splitting the cost of a jet up among a huge group of people is unlikely to make any significant difference for any of those individual people. They might all get a lunch out of it, if they're lucky, or if it's a small company.

(or to some indexed national average)

While this isn't nearly as retarded (since the average will always be above minimum wage, unlike the lowest paid worker which almost always is), it's still pretty dumb.

[Xantavia]

I'm saying people don't deserve $10/hr to clean toilets, and pretty much every business is still going to hire people for minimum wage (or a similar wage if it was gone). If something is worth $7, you don't pay $20 for it just because some retarded rules say you can get something out of it (if you still have any money left, that is!).

His is the type of attitude that really hurts. Why should being a janitor mean you get paid crap. Last week at work, somebody shit in the urinal. I personally would quit my job before cleaning that up, so I am thankful for the guy that is willing to do it.

[Ksandra]

Not necessarily? McDonalds employs 420,000 people. If we assume that 419,000 of them are making minimum wage, and the average employee works 10 hours per week (completely made up number, i'm sure it's actually much higher), then a $1/hr increase for all of them would cost $217,880,000 per year. Now, i don't know how much the cDonald's ceo makes, but i'm guessing it's not over $200m per year.

then they wouldn't be forced to increase $1....again, do you understand the proposal at all?

[hey]

His is the type of attitude that really hurts. Why should being a janitor mean you get paid crap. Last week at work, somebody shit in the urinal. I personally would quit my job before cleaning that up, so I am thankful for the guy that is willing to do it.

The job itself doesn't really matter. We could change it to burger flipper if it'd make you happy.

[hey]

then they wouldn't be forced to increase $1....again, do you understand the proposal at all?

Yes, i understand it. It means the CEO of mcdonalds would never make more than $217.5/hr. If they spent every last cent of their profits to pay their employees more, he could get up to maybe $300/hr, but that obviously would never happen.

[Ksandra]

The job itself doesn't really matter. We could change it to burger flipper if it'd make you happy.

In n' Out's burger flippers make more than McD's burger king, etc. because the company is family- run and they insist on paying the most. also give better quality food. You could replace it to any job and it still wouldn't work because bare minimum value is not the way we should be running this country.

[hey]

What the fuck is In n' out?

I'm guessing there's a reason i've never heard of them. Paying employees more than they are worth just because you're nice is great and all, but it makes zero business sense.

[Ksandra]

Yes, i understand it. It means the CEO of mcdonalds would never make more than $217.5/hr. If they spent every last cent of their profits to pay their employees more, he could get up to maybe $300/hr, but that obviously would never happen.

because a dollar is the lowest he could raise wages for one.

for two, you admitted to throwing out random numbers as is, so then trying to create a hard fact number out of that is lol

three, you don't have a crystal ball to see what mcd's can/would do to increase profits in order to compensate.

[Ksandra]

What the fuck is In n' out?

I'm guessing there's a reason i've never heard of them.

http://en.wikipedia.org/wiki/In-N-Out_Burger

and before you try and say they must not be successful if you've never heard of them. let me laugh at you. LOL

[hey]

because a dollar is the lowest he could raise wages for one.

No, but does it matter? If they raised wages by $.1, then the ceo could make an extra $3/hr, which is...nothing. In order to raise his own salary by any significant amount, he would have to spend billions more paying employees. To make a $1m/year, we're talking about paying every single person at least $16/hr. That's insane.

for two, you admitted to throwing out random numbers as is, so then trying to create a hard fact number out of that is lol

Do you think the average mcdonald's employee works <10 hours per week? Do you really think the possibility that that is the case is even worth considering? I intentionally used a very low number.

three, you don't have a crystal ball to see what mcd's can/would do to increase profits in order to compensate.

Well obviously they'd raise prices and/or lower quality. That should be great for everyone!

[Ksandra]

You have to remember that the ceo atm is probably wayyyyy over the percentage cap that would be created as is. So there would be a lot of fucking money in the pool that is no longer going to him in the first place.

then any raises would probably go in line with inflation for both the cost of living and the price of their burgers pretty much negating inflation issues in the first place.

and no I don't think random numbers to create hard facts is worth considering.


[edit] and again In n' Out pays their works more and has better quality food. So burger flippers can be (and are) more valuable than minimum wage.

[hey]

So there would be a lot of fucking money in the pool that is no longer going to him in the first place.

No there wouldn't.

http://www.dailyfinance.com/2010/04/...o-performance/

Split $17 million among 420k people, and let me know how much they even give a shit.

and no I don't think random numbers to create hard facts is worth considering.

Those numbers were the absolute bare minimum that could even maybe be close to reality. My money would be on it actually being around double that.

[Ksandra]

No there wouldn't.

lmao

[hey]

Sorry, i edited my post.

What would you do with $40? If you couldn't make ends meet before, do you think that'd be enough to make the difference? I'm guessing the answer there for basically everyone in the country is no.

[Krazy]

What the fuck is In n' out?

I'm guessing there's a reason i've never heard of them. Paying employees more than they are worth just because you're nice is great and all, but it makes zero business sense.

I imagine well paid employees are happy employees who do their job well which in turn makes their customers happy leading to more business.

[Ksandra]

No there wouldn't.

http://www.dailyfinance.com/2010/04/...o-performance/

that doesn't account for restructuring other higher ups as well.

[hey]

I imagine well paid employees are happy employees who do their job well which in turn makes their customers happy leading to more business.

Well sure, but at some point the extra cost outweighs the benefit of having happier employees.

[Ksandra]

I imagine well paid employees are happy employees who do their job well which in turn makes their customers happy leading to more business.

they are pretty fucking happy. And I have yet to get an order wrong from them and I'm a fattie so go there a lot.

the highest tier store managers make 100k a year there. They are seriously an excellent example of what I'm taking about. Extremely successful, make a good quality product, and pay their workers well. If they can do it, why can't other extremely successful companies do it? Because those companies don't have to, not because they can't.

[Ksandra]

Well sure, but at some point the extra cost outweighs the benefit of having happier employees.

the thing is, that point is irrelevant because they are already paying their workers well as is.

[mallister]

ok, great, i'll bite. exactly how much over minimum wage does in 'n out pay?