- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
1
Posted on 3/31/16 at 3:17 pm to tlsu15
quote:
That's easy. An $8 minimum wage doesn't cripple the small business owner the way a $100 wage would
How did you come to this magic number? Do you have any experience owning or operating a business that has part time employees?
Posted on 3/31/16 at 3:19 pm to Barf
quote:
Do you have any experience owning or operating a business that has part time employees?
I have worked for small business owners my entire life. My number is simply an educated guess and is not an exact number backed up by extensive research, although I don't think I would be that far off
Posted on 3/31/16 at 3:20 pm to bigberg2000
quote:
nt minimum wage already pretty high in Cali because of cost of living?
Our mutual Bea friend over in da Bay still feeling da Bern over there?? :smh:
Posted on 3/31/16 at 3:21 pm to tlsu15
quote:
I'm simply saying a minimum wage should exist.
I think at one time it was needed. I think a competitive market would help the min wage worker rather than drive their wages down.
Barf said he has to pay a few dollars above min wage to get employees. I think that is fairly common with business owners or you risk getting people who simply don't give a frick.
Posted on 3/31/16 at 3:23 pm to tlsu15
quote:
I have worked for small business owners my entire life. My number is simply an educated guess and is not an exact number backed up by extensive research, although I don't think I would be that far off
So in other words; you think you know, but you don't know.
I'm not trying to be an arse but the point I'm trying to make is if you force small business to adhere to a specifics wage across the board, the opportunities you have had in the past would cease to exist. The small business and part time work force would just be cut in half.
Trust me when I say that small business owners by and large would rather pay three people $10/hr than two people $15/hr. Which one of those people are you?
Posted on 3/31/16 at 3:25 pm to Croacka
quote:
California should just be its own country
I am sure southern states like Louisiana, Alabama and Mississippi will step up to the plate and make up the lost Federal Revenue that comes from California. You do know that California pays more into the federal government than it takes in, unlike the southern states mentioned above who are basically leaches, right? California and Silicon Valley have been one of the best wealth creating engines for the last 5-6 decades. The US is better off with them, than without them.
This post was edited on 3/31/16 at 4:57 pm
Posted on 3/31/16 at 3:25 pm to xxKylexx
There's a ripple effect into salaried people here.
As of now the Fair Labor Standards Act requires a minimum weekly full-time salary set at least at $455 to qualify for an exemption under the act.*
As minimum wages rise, this number will too. So businesses will be looking to out-source jobs & responsibilities that they did in-house.
If the Federal Minimum Wage rose 40% tomorrow and forced this $455 to be $637, I know of three people who would be looking for work.
* DOL LINK
As of now the Fair Labor Standards Act requires a minimum weekly full-time salary set at least at $455 to qualify for an exemption under the act.*
As minimum wages rise, this number will too. So businesses will be looking to out-source jobs & responsibilities that they did in-house.
If the Federal Minimum Wage rose 40% tomorrow and forced this $455 to be $637, I know of three people who would be looking for work.
* DOL LINK
This post was edited on 3/31/16 at 3:26 pm
Posted on 3/31/16 at 3:26 pm to Topwater Trout
quote:
Barf said he has to pay a few dollars above min wage to get employees. I think that is fairly common with business owners or you risk getting people who simply don't give a frick.
At some business this would be true. Others would be taking advantage and offering people $2 an hour because they are the only job still left in town. The minimum wage protects the works. It isn't meant to be a "living wage" for a family, but it should be high enough to where a person living a very meager lifestyle can try to make ends meet.
The theory of a free market existing without limits works great in practice, but has failed people over the course of history. It's the same as socialism. That's why these regulations have been placed throughout the history of this country. Some have gone too far and need to be peeled back, some areas need to be more regulated. It's simply how things work.
Posted on 3/31/16 at 3:28 pm to xxKylexx
It's going to cause the economy to go straight into the tank just like it did in the 90s . . .
Posted on 3/31/16 at 3:29 pm to Street Hawk
quote:
he southern states mentioned above who are basically leashes
Posted on 3/31/16 at 3:29 pm to Barf
quote:
Trust me when I say that small business owners by and large would rather pay three people $10/hr than two people $15/hr. Which one of those people are you?
So it's ok to speak in hypotheticals for you, but not for me? I've worked at a business where we had 3 people doing a job, one quit, and the owner gave the other 2 a raise when she realized they could do the job fine by themselves. A situation is not the same in all cases.
The minimum wage exists as a social safety net that I believe to be necessary. I know all you libertarians hate this, but the consequences of a society where large numbers of people could potentially be taken advantage of are devastating.
Posted on 3/31/16 at 3:31 pm to Topwater Trout
quote:
Barf said he has to pay a few dollars above min wage to get employees. I think that is fairly common with business owners or you risk getting people who simply don't give a frick.
Nail on head. I can walk into any AA meeting and hire a driver for minimum wage. Does that mean they are a bad person or employee? No, It does not. Does it put me at a greater risk? Maybe. The question what is my risk reward for holding out for someone willing to work for the minimum wage.
I have zero problems finding minimum wage workers to maintain things like the parking lot, pick up garbage, change light bulbs, ect. I just wouldn't give them the keys to the runner vehicles.
The kicker is, I am not willing to pay someone $15/hr to make sure my parking lot is clean. I would just write that into my landscaping contract. 3 people would be out of a sweet part time gig and the landscape guy wouldn't hire someone to do the extra few minutes of work.
Econ101
Posted on 3/31/16 at 3:33 pm to tlsu15
quote:
Others would be taking advantage and offering people $2 an hour because they are the only job still left in town.
maybe in real small towns but BR for example can't hire all the min wage workers it needs. Ask any restaurant owner how hard it is to keep a full staff and we have a huge college to draw from.
quote:
It isn't meant to be a "living wage" for a family, but it should be high enough to where a person living a very meager lifestyle can try to make ends meet.
Why? They should be to teach the worker responsibility and how to earn money...they aren't meant to be a career. In the 80's all the FF companies were staffed with teens and maybe some managers in their 20's. Now you rarely see anyone less than 20 working and many times see people in their 40's and 50's
Posted on 3/31/16 at 3:33 pm to tlsu15
quote:
I've worked at a business where we had 3 people doing a job, one quit, and the owner gave the other 2 a raise when she realized they could do the job fine by themselves
Sounds like the owner wasn't smart enough to identify core capabilities in their employees and was wasting money to begin with on labor.
Posted on 3/31/16 at 3:35 pm to xxKylexx
quote:
California passes bill to begin $15 minimum wage
Hope they enjoy making $0 an hour
Posted on 3/31/16 at 3:36 pm to Topwater Trout
quote:
Why?
Because communities that have higher levels of poverty also have higher rates of crime, substance abuse, teenage pregnancy, violence, and social unrest among other things. There is hard data to back up those claims.
Posted on 3/31/16 at 3:36 pm to tlsu15
quote:
At some business this would be true. Others would be taking advantage and offering people $2 an hour because they are the only job still left in town
I know this is very Utopian of me, but that should become a community issue. The community should put that person out of business on their own by voting with their dollar.
quote:
So it's ok to speak in hypotheticals for you, but not for me?
Is it ok? No, not really. I'm just speaking from a position of experience. My father an I owned and operated a very successful operation that employed a lot of people both part time and professional positions. Had this happened in Louisiana when we were working, we would have cut our part time force by close to 75% or about 90 people, however you want to look at it.
We ended up giving people roll numbers because we didn't want to have to look at their names while we decided who stayed, and who got cut. Is that a world you want to live in? I would have gladly given you that responsibility, but not for $15/hr
Posted on 3/31/16 at 3:37 pm to ThatMakesSense
quote:
Sounds like the owner wasn't smart enough to identify core capabilities in their employees and was wasting money to begin with on labor.
No the 2 people who ended up filling the role weren't there when it was originally a 3 person job. They were simply better at the job and more willing to work harder than the average worker was.
This post was edited on 3/31/16 at 3:38 pm
Posted on 3/31/16 at 3:38 pm to NoHoTiger
It is nice that you have skills that are worth more in a field unrelated to your education and prior experience. I just hope you get enough personal satisfaction from using those skills that you won't regret not being able to use the skills of your education and prior experience, assuming they made you happy.
Page 5 of 8
Back to top
Follow TigerDroppings for LSU Football News