Are you for or against the minimum wage? On the one hand it ensures a decent standard of living for all but on the other it encourages companies to take their business elsewhere?
@Frankandthebadseeds Well I admit I was a bit hypotehitical, but thats my point, nobody WOULD work for a room or coupons (except maybe teenagers), so if a company wants employees they'd have to offer higher wages. Theres no reason for a minimum wage. Comapnies have to pay what we will work for. A company that wants more skilled empolyess will offer higher wages so they'll work for them and not another company. But it can be difficult for people to gain job experience when their laboir isn't worth minimum wage without job experience.
Why would any one want to work for coupons and a room? I think any one who talks like that is foolish and out of touch with reality. people have bills to pay to get anything now a days you need credit so you need money. I can't say if a minimum wage is the answer. I personally think that if there was it should be enough to were a person could live with a roof over their head and food to eat. I might change my tune if you can show me that a company would not pay someone less if the option was there. I think Westonwhite's five point are on point.
@WestonWhite Yeah all that sounds about right (especially the state thing). But I still feel having minimum wage is harmful because it prevents people who aren't worth the minimum from getting jobs.
Its also not really necessary, because nobody would work for a companie that didn't offer a decent wage anyway, because of competing companies that would.
Ultimately, the employer determines the price of wages and salaries for their employees, in accordance with applicable laws, while employees have a certain level of bargaining power of course. Employee costs rise in large part due to low populations and environmental hazards involved, such as extreme weather, working with explosives, working in war zones, long hours or constant travel is involved, etc.
Well, it has to do with both as it’s reciprocal, if the cost of making each product is reduced, profits are then increased, so prices can then be decreased, as the profit margin is able to be maintained (contrary to the mantra of Wall Street, capitalism is not simply a what is best for the shareholders equation), but this is never the case, not even under slave labor (as is so often the case nowadays), not even while receiving governmentally sanctioned tax breaks/exemptions, tax shelters/avoidance, bailouts, and/or subsidies.
Minimum wage statutes are within a state’s policing powers, as a sovereign entity, see: Bill of Rights, Amends. IX and X. The federal government (as is so often the case) is entirely overstepping its authority on the matter.
@WestonWhite Thing is, some people ARE willing to work for coupons or room and board. They should have the right to do so. People in Alaska get paid more because they won't work for less. If every one else decided not to work for less then a certain price, companies would have to pay them that, regardless of a minimum wage. But some people don't mind working for cheap and are happy to at least have a job. Some people's labour isn't worth the minimum wage so no one will hire them so they can't gain skills and experience that could help their labour be worth more.
Outsourcing has nothing to do with product prices, it has do to with profits. If we stopped buying their product at such high prices they would lower them.
You also have the right to think that your labour is worth a certain amount and refuse to work for less, but companies don't have to hire you, even if it hurts their business.
And how is this a sovereignty issuse?
- This is a sovereignty of state issue, not a national matter.
- If employers had their way, they would pay their employees chits that are only redeemable at their company store and require for them to pay for room and board on company property.
- Competition is not so much one of wages, as it is one of geography (e.g., Alaska fisherman earn five or more times that of lower-48 state fisherman.)
- Did Nike lower their prices when they outsourced, did Microsoft, did Western Digital, did Guess, did Kathy Griffin, Rip Curl, what about Apple? No, no, no, no, no, no and no? Get the point?
- Me? Oh, thank you for asking (grin), I want to work for as much as I is reasonably justified based upon COLA and CPI, not was is convenient for my employer; for if my work is worthy my employer’s profits will persist.
Dosen't it make ot harder for peope to get jobs? Companies aren't willing to pay lots of money for simple jobs. No minimum wage would create more competition, and companies would offer decent pay to attract employees anyway. Plus a standard of living shouldn't be the goal. If I want to work for $1 an hour I should be able to!
Basically the minimum wage is price fixing since we don't simply "work" for companies, we sell our labour. I would like to price mine competitively