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re: Bank Of America - Minimum Wage to be $25 hr/50K yr
Posted on 9/20/23 at 11:13 am to GetCocky11
Posted on 9/20/23 at 11:13 am to GetCocky11
quote:
Dual-income household, both in positions like tellers, both making around $50k would have a $100k household income. You can live on that.
Not when everything you buy will double or even triple in price.
3
Posted on 9/20/23 at 12:04 pm to Jimbowie397
quote:
Not when everything you buy will double or even triple in price.
Your logic is backwards. Cost of living increased, so companies are giving cost of living pay increases. They aren't eating anything, they're making much more money. More profit, more money to invest in better employees.
Posted on 9/20/23 at 12:07 pm to Jimbowie397
quote:
Not when everything you buy will double or even triple in price.
Yeah because clearly we price everything based off what minimum wage workers earn. Thats how they are able to buy up all the housing.
You can't equate what a bank pays their employees to prices the same way you can what a contractor pays for labor and material.
This positive publicity may increase the banks stock price by more than enough to offset the wage increase. You may not understand money and wages as well as Bank of America.
This post was edited on 9/20/23 at 12:12 pm
Posted on 9/21/23 at 11:35 am to Jimbowie397
I love how tards are still screeching about this when everything going up 2x has basically already happened with no adjustment to minimum wage
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