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What happens if minimum wage goes up?
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<blockquote data-quote="Bagels" data-source="post: 1763636" data-attributes="member: 43436"><p>I don't follow. I hired into UPS 16 years ago at $9.50 an hour ($8.50 + $1 premium) whereas new hires are earning just $10/hour (no more premium here). Meanwhile, drivers have seen there wage near double. What are you saying? That a driver is suddenly worth $100K/year because the guy loading is truck now banking $15K?</p><p></p><p>Real compensation has lagged for the majority of the population over the past 30 years but menial skilled occupations have been hit hardest -- there is a large number of occupations that pay no more today than they did 15-20 years ago. $15 is just a negotiation point. Quite frankly, I don't see a doctor demanding a raise on top of their $250K income, or an accountant wanting more on top of their $80K, because the person ringing up their groceries is now making $25K/year instead of $17K.</p><p></p><p>Time to turn off FOX News.</p></blockquote><p></p>
[QUOTE="Bagels, post: 1763636, member: 43436"] I don't follow. I hired into UPS 16 years ago at $9.50 an hour ($8.50 + $1 premium) whereas new hires are earning just $10/hour (no more premium here). Meanwhile, drivers have seen there wage near double. What are you saying? That a driver is suddenly worth $100K/year because the guy loading is truck now banking $15K? Real compensation has lagged for the majority of the population over the past 30 years but menial skilled occupations have been hit hardest -- there is a large number of occupations that pay no more today than they did 15-20 years ago. $15 is just a negotiation point. Quite frankly, I don't see a doctor demanding a raise on top of their $250K income, or an accountant wanting more on top of their $80K, because the person ringing up their groceries is now making $25K/year instead of $17K. Time to turn off FOX News. [/QUOTE]
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What happens if minimum wage goes up?
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