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Thread: McJobs and the Minimum Wage[W:123,226]

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    Re: McJobs and the Minimum Wage[W:123,226]

    Quote Originally Posted by Gimmesometruth View Post
    If sub-minimal wages increased youth employment, it should work across racial lines, but since 1972 it has not decreased white youth unemployment.



    Notice that the increases in unemployment for black youths correlates with recessions. Also notice that Black youth unemployment is at the same level now as in 1972.
    That's because it was never implemented except for narrowly drawn categories for students and the disabled.
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    Re: McJobs and the Minimum Wage[W:123,226]

    Quote Originally Posted by Mason66 View Post
    Can a current business owner please respond to this.

    If the employees pay is raised to $15.00 per hour, how much more does the business have to pay out in payroll taxes and other taxes for that employee at that level.

    Thanks in advance.
    it varies by benefits provided, but as a general rule of thumb, for a basic employee, each $1 paid to the employee will cost the employer about $1.30
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    Re: McJobs and the Minimum Wage[W:123,226]

    Quote Originally Posted by justabubba View Post
    it varies by benefits provided, but as a general rule of thumb, for a basic employee, each $1 paid to the employee will cost the employer about $1.30

    Thanks Bubba


    So the $15.00 per hour will acutally be $19.50. All that has to be added to the cost of the product.

    Who is going to go for that?

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    Re: McJobs and the Minimum Wage[W:123,226]

    Quote Originally Posted by Mason66 View Post
    Thanks Bubba


    So the $15.00 per hour will acutally be $19.50. All that has to be added to the cost of the product.

    Who is going to go for that?
    One could make this argument against any wage increase ever. Of course that makes business have to spend more on wages. That's the point.

    And no, not all of it has to go into product cost.
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    Re: McJobs and the Minimum Wage[W:123,226]

    Quote Originally Posted by Deuce View Post
    One could make this argument against any wage increase ever. Of course that makes business have to spend more on wages. That's the point.

    And no, not all of it has to go into product cost.
    Who do you think is going to pay for this raise?

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    Re: McJobs and the Minimum Wage[W:123,226]

    Quote Originally Posted by Deuce View Post
    One could make this argument against any wage increase ever. Of course that makes business have to spend more on wages. That's the point.

    And no, not all of it has to go into product cost.
    Nonsense. When a job is created the employer hopefully has a salary already planned out in the business plan, complete with costs for increases already on there.
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    Re: McJobs and the Minimum Wage[W:123,226]

    Quote Originally Posted by Mason66 View Post
    Who do you think is going to pay for this raise?
    Arguing that they are worth $15 an hour pretty much explains why they are minimum wage employees. They should have taken qualifications and the replacement factor into consideration.

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    Re: McJobs and the Minimum Wage[W:123,226]

    Quote Originally Posted by Grant View Post
    Arguing that they are worth $15 an hour pretty much explains why they are minimum wage employees. They should have taken qualifications and the replacement factor into consideration.
    You see, I don't think it is them saying this.

    I think it is people talking for them, and just convincing them to strike.

    They can't believe they will doublé their pay, or get anywhere close.

    They have to know the are completely replaceable.

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    Re: McJobs and the Minimum Wage[W:123,226]

    Quote Originally Posted by Mason66 View Post
    You see, I don't think it is them saying this.

    I think it is people talking for them, and just convincing them to strike.

    They can't believe they will doublé their pay, or get anywhere close.

    They have to know the are completely replaceable.
    I tend to agree. I do sympathize with them but they're not in the real world. McJobs is where you start and then develop a career elsewhere.

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