Here is a scenario for you:
A company has 100 hourly workers earning from $7.50- $17.50 per hour with an average of $13.00 .
The new and lower skilled workers get paid less when they are being trained or holding a temporary position while the higher skilled and senior employees get paid the $17.50
If the minimum wage increases to $10.00 per hour the company would have to lower the wages of the higher skilled from $17.50 to $13.50 to keep their average at $13.00 .
Now the more skilled workers cannot make a living just so the transition workers make a few extra bucks while they pass through or learn the ropes .
2007-05-10 18:00:58
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answer #1
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answered by Anonymous
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Ok it is a proven fact that the people that get hurt the most are the low wage earners by an increase in minimum wage...trust me I have a degree in business and economics...but I will give you all a situation to prove my point...
Have you been to McD's lately and seen the drink dispenser...a person used to do that, but the higher minimum wage is raised the more costly the workforce is, so instead of hiring more people or even the same amount, they replace them with machines that now look better because they are cheaper than the cost of labor...this causes small business to have to hire the bottom of the barrel or close down because they cannot afford the more reliable workforce...it goes on and on...what we need to do is open up free markets and we will strengthen our economy...
2007-05-10 13:12:11
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answer #2
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answered by monkey 4
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Minimum wage is established by law. It takes an act of Congress to raise it. Getting Congress to act isn't easy. Not that many people actually work for minimum wage, those that do are often dependents, so don't have to live on what they earn, or recieve more from gratuities than from wages.
Actual wages are a matter of supply and demand. Many jobs that were minimum wage now pay more because they must in order to attract workers.
2007-05-10 12:38:25
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answer #3
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answered by B.Kevorkian 7
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In its previous session, Congress let the minimum wage issue slide. The problem? Republicans, who were the majority in Congress before this current session, were against a minimum wage hike. The real issue however, is that the minimum wage issue doesn't address the problem of the working poor adequately. What we really need is a "living wage" mandate, meaning that the minimum we could pay American workers would be the amount necessary to keep an individual right above the poverty line. In most American cities, that amount is at least $8.00 to $10.00 an hour.
2007-05-10 11:45:02
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answer #4
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answered by Melanie M 1
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minimum wage is a political correct crock of ****,
,I think it needs to be abolished and let the market set the wage,
,if you can do the job you get the pay
your talent and abilities will determine your worth
if you want to make more money,,work harder
when the minimum wage goes up, everyone ends up paying for it because of the increase cost of products,,nobody is going to absorb your crybaby wage increase
2007-05-10 12:12:10
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answer #5
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answered by jose 3
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When you grow up you will understand. Minimum wage is a lib myth.Why not make it $50. It is an entry level wage for unskilled labor like high school kids.Want those jobs to disappear raise the min. wage.How many people in their 40's and 50's do you know that work for min wage.Wake up!
2007-05-10 11:52:45
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answer #6
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answered by dumbuster 3
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Top-bracket earners are the ones who set both the minimum wage and their own salaries.
2007-05-10 12:27:38
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answer #7
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answered by nombrilista 2
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Minimum wage is not the solution. The world runs on oil. Until oil gets a competitor the problem will be there.
2007-05-10 12:06:10
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answer #8
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answered by Jose R 6
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Why settle for minimum wage? That's designed for basic survival- not a plush lifestyle. If you want more, work hard and earn it.
2007-05-10 12:06:33
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answer #9
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answered by Beardog 7
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and not only the minimum wage... but most low paying jobs have a much slower rate of pay increases...
they excuse this by saying "if you're good, you'll get promoted," but that does little for the vast majority of workers that are in the lower ranks...
notice when Republicans talk about pay increases... they only talk about "salary" increases... salary is different than hourly wages paid (which is how the vast majority of those in or near poverty are paid)... as salary is a set price for all work, almost always these are more upper level jobs...
2007-05-10 11:35:31
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answer #10
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answered by Anonymous
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