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Brown Cafe UPS Forum
UPS Union Issues
Minimum wage general strike
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<blockquote data-quote="BrownBrokeDown" data-source="post: 1194163" data-attributes="member: 46824"><p>Maybe I didn't state my point in the best possible way. Costco is in no danger of being put out of business by Sam's at the current time despite significantly higher wages, pension, better healthcare, etc. I am not stating that the minimum wage should be increased to Costco starting wage level, nor stating that the average worker with average tenure in like job sectors should make what Costco employees make. What I am saying is that bottom end paying companies CAN afford to pay higher wages/have better benefits and still be reasonably priced. Somewhere between current minimum wage and jobs like Costco, there should be a sweet spot. 2 problems. Finding that wage sweet spot, and convincing companies that $2.5 billion dollars of profit is still acceptable instead of $4 billion dollars or convincing them that the top 1% of wage earners in the company can make less than 3000 times what the bottom wage earner in the company makes. While prices would rise, it is not necessary to raise them to the extent that most companies would. I personally believe that a $10 federal minimum wage is actually a fairly efficient number. People saying $12-$15 are not realizing how companies would react to an overnight doubled minimum wage.</p><p></p><p>I also really liked the idea of using the inflation % to raise the minimum wage.</p></blockquote><p></p>
[QUOTE="BrownBrokeDown, post: 1194163, member: 46824"] Maybe I didn't state my point in the best possible way. Costco is in no danger of being put out of business by Sam's at the current time despite significantly higher wages, pension, better healthcare, etc. I am not stating that the minimum wage should be increased to Costco starting wage level, nor stating that the average worker with average tenure in like job sectors should make what Costco employees make. What I am saying is that bottom end paying companies CAN afford to pay higher wages/have better benefits and still be reasonably priced. Somewhere between current minimum wage and jobs like Costco, there should be a sweet spot. 2 problems. Finding that wage sweet spot, and convincing companies that $2.5 billion dollars of profit is still acceptable instead of $4 billion dollars or convincing them that the top 1% of wage earners in the company can make less than 3000 times what the bottom wage earner in the company makes. While prices would rise, it is not necessary to raise them to the extent that most companies would. I personally believe that a $10 federal minimum wage is actually a fairly efficient number. People saying $12-$15 are not realizing how companies would react to an overnight doubled minimum wage. I also really liked the idea of using the inflation % to raise the minimum wage. [/QUOTE]
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