Quote:
Originally Posted by Guest
More and more large corporations, like Target, Wal-Mart etc., are taking it upon themselves to raise the minimum wage. Some like Cosco are paying $15 per hour. As the unemployment rate drops, this is the only way they can get and keep good employees.
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The real unemployment rate is not dropping. Just google real unemplyment rate 2014 and get an education.
And where is it written that the $15 will get and retain "good" employees. Most that will get the raise in pay will still be the employed.
Some of us remember all the same descriptions of how much better everything will be when the minimum wage went to $3!!!!!!!!!!!!!!!!!!!!!!!!!!!
Get ready to pay more for your bugers....where do you think the $5-$10 per hour raise is going to come from?
Secondly if there are only 100 en mployees earning $10 per hour that is $1000 per hour expense to the owner.
At $15 per hour to stay at $1000 per hour the owner will have to lay off....LAYOFF......33 PEOPLE.
Time to wake up to reality folks!!!!