I just started working at Food Lion last week being paid 6.50 an hr. I was concerned if the minimum wage is raised to the 7.25 an hr today that the House is voting on, would they possibly terminate me because they can't afford to pay every worker 7.25? Right now, I'm the newest worker there. Any thoughts?
2007-01-10 05:13:41 · 8 answers · asked by Josh 1 in Business & Finance ➔ Careers & Employment
There is a slight possibility that they could let some go, but, I would think that you should be looking forward to an instant raise.
2007-01-10 05:19:41 · answer #1 · answered by ricks 5 · 0⤊ 1⤋
I actually JUST read an article about this that was beyond fascinating. It talked about the repurcussions of the increase for everyone from the workers to the owners to the customers. It's a great read:
http://www.msnbc.msn.com/id/16549922/
The article suggested that companies may have to either cut the hours of existing employees or raise the prices for the end users to cover the additional costs (or take less profit, but what company is going to do that?). It also pointed out that it's not just the minimum wage workers that are affected, but that the employees that now make $7.25 are going to want $8.25 and so on and so on. On the other side, it also shows the struggles that employees living on minimum wage currently experience.
It's a thoroughly interesting article that looks at it from every angle.
2007-01-10 13:25:26 · answer #2 · answered by lrachelle 3 · 0⤊ 0⤋
It will take over a year for the minimum wage to reach the maximum of $7.25 (that they're planning). It would be phased in over three increases.
Chances are, you're okay with your job. It take a while for businesses to feel the punch of wage. Plus, people need to realize that increased wage expense isn't the only thing affecting businesses. Most took a very large hit with the over-the-top increase in insurance expense during the last five years.
Do a good job and they will want to keep you.
Good luck!!
2007-01-10 13:19:50 · answer #3 · answered by Molly 6 · 0⤊ 0⤋
Well if they are talking about lay off then be concerned. If not you will be fine and you will be making more money and oh yeah if the law does pass minimum wage actually does not go up until 07/01/07. So you still have a while before you get paid that. If you live in Illinois minimum wage goes up to 7.50 an hour.
2007-01-10 13:20:30 · answer #4 · answered by Anonymous · 0⤊ 0⤋
I heard on the news today that over a two year peroid the minimum wage would be increased to $7.25.
2007-01-10 13:22:01 · answer #5 · answered by Anonymous · 0⤊ 0⤋
They cannot terminate you for a wages.. but if you are in a non-union position you could be terminated for any reason they choose. An employer at will can hire/fire at will.
2007-01-10 13:18:44 · answer #6 · answered by Pamela M 2 · 1⤊ 0⤋
I though minimun wage was $5.50 still?! If they do fire you, I'm sure you wont have a problem getting another job; since it is considered more like a layoff.
2007-01-10 13:21:00 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Don't worry Food Lion has PLENTY of money. If min. wage is raised they can't legally fire you for that.
2007-01-10 13:26:38 · answer #8 · answered by kend7727 1 · 0⤊ 1⤋