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re: Is Gen Z etc totally out of touch about salaries?

Posted on 5/22/22 at 11:57 am to
Posted by Olric
New Orleans
Member since Jul 2015
1885 posts
Posted on 5/22/22 at 11:57 am to
Most of the benefits you mentioned require disposable income to take advantage of them...$15 an hour does not provide a whole lot of disposable income in today's America
Posted by LSUtigerME
Walker, LA
Member since Oct 2012
3789 posts
Posted on 5/22/22 at 11:57 am to
I think most of them are disconnected from the reality of real life and “adult” expenses.

To be fair, the wages aren’t great, but they also have no idea how to value the other benefits.

My company, often as a ploy to reflect their benefits vs competitors, uses the “total compensation” approach. Where they basically just add up all their benefits into one big attractive number.

So that $30k salary, may really be equivalent to a $50k salary at another company with much weaker benefits.
Posted by FLBooGoTigs1
Nocatee, FL.
Member since Jan 2008
54476 posts
Posted on 5/22/22 at 11:58 am to
quote:

ou’re asking if they’re “retarded” for not wanting to make $30k a year?


You are correct I think as many of us that have been in the workforce for decades we have seen a very shitty increase in wages over the years. These kids today find themselves trying to rent a decent 1 bedroom apartment for over 2k a month. Not making excuses for the laziness or unwillingness to work but times are different for a lot of these younger people.
Posted by Grateful Reb
Member since Apr 2011
8070 posts
Posted on 5/22/22 at 11:59 am to
quote:

But whatever. Enjoy that Uber gig.




See my earlier post.

Was making $100k by 27 (I went to college with a poster on here that can attest to this).

Stuck with sales and switched industries (to tech) and last year (at age 34) I cleared $500k.

But please, don’t let me stop you from being angry at others for setting their goals high while you settled
This post was edited on 5/22/22 at 12:04 pm
Posted by baldona
Florida
Member since Feb 2016
20396 posts
Posted on 5/22/22 at 11:59 am to
Benefits are extremely overrated for anyone making under $50k without a degree. You are better off with no paid time off and no benefits and paying that toward the hourly wage. Let them take leave without pay. Seriously.

I worked with a government contractor with 35 employees at a location, the employees had to offer them benefits or the equivalent pay. Literally all 35 took the pay, the GM’s spouse had medical.

Yes, it’s about ‘their best possible paycheck’ and not a work life balance or stable position.
Posted by tigerinthebueche
Member since Oct 2010
36791 posts
Posted on 5/22/22 at 12:00 pm to
quote:

was making over $100k by 27.


Yes but you also weren’t a WH puller.
Posted by Stealth Matrix
29°59'55.98"N 90°05'21.85"W
Member since Aug 2019
7790 posts
Posted on 5/22/22 at 12:01 pm to
quote:

Starting salary begins at $15/hr

quote:

They said those are slave wages

I mean, in Biden's economy, they're not wrong.
Posted by LSU1018
Baton Rouge
Member since Feb 2007
7215 posts
Posted on 5/22/22 at 12:02 pm to
I’ve seen receptionists making 45-50k a year starting. If you’re having trouble filling the position, then I think you’re out of touch with what the market calls for.
Posted by Jsand43
Member since May 2021
872 posts
Posted on 5/22/22 at 12:02 pm to
I think you have no idea how much things cost today. Go try to make a living and raise a family on that type of money and then get back to me. Yes, a lot of people nowadays are lazy and don't want to work, but $15 an hour is no longer a living wage in this economy.
Posted by Napoleon
Kenna
Member since Dec 2007
69049 posts
Posted on 5/22/22 at 12:03 pm to
The issue is housing prices and cost of goods aren't in line with pay.
You were getting $15 plus benefits 10 years ago.

It seems honestly entry wages have mostly stagnated the lasr few years.
I talked to a guy who's a line cook and found out they still start at the same rate they did in 2001.
11 years ago.

Yet their menu prices have gone up 50-75%. In that time.

This post was edited on 5/22/22 at 12:35 pm
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
140462 posts
Posted on 5/22/22 at 12:03 pm to
quote:

$15/hr
good luck finding someone worth a shite for $15

It may be you that’s out of touch
Posted by Antonio Moss
Baton Rouge
Member since Mar 2006
48294 posts
Posted on 5/22/22 at 12:05 pm to
quote:

You’re asking if they’re “retarded” for not wanting to make $30k a year?


What is the realistic manual labor rate for people with zero college hours?
Posted by BearCrocs
Member since Aug 2013
6429 posts
Posted on 5/22/22 at 12:05 pm to
Nobody can live off 31k right now, much less 10 years ago.

Average rent in Houston is like $1500 a month.

$500 a week after taxes literally covers rent and nothing else.

Posted by Grateful Reb
Member since Apr 2011
8070 posts
Posted on 5/22/22 at 12:05 pm to
quote:

good luck finding someone worth a shite for $15 It may be you that’s out of touch


lol this.

“I settled for a shitty salary and so should everyone else!!!”

This post was edited on 5/22/22 at 12:26 pm
Posted by tigerinthebueche
Member since Oct 2010
36791 posts
Posted on 5/22/22 at 12:05 pm to
quote:

I’ve seen receptionists making 45-50k a year starting


I have too, but that was in Odessa/Midland where labor was a ridiculous premium.
Everything depends on the market you’re in, the job you’re doing, and what you think you’re worth.
I don’t think $15 starting is unreasonable for a WH puller. Especially if he can get a raise after some time on the job.
Posted by crazyLSUstudent
391 miles away from Tiger Stadium
Member since Mar 2012
5509 posts
Posted on 5/22/22 at 12:05 pm to
quote:

I've mentioned the opening to some twenty-something's I know and I've been asked if we're looking for felons at that starting wage? Posted on an online forum for the area and got the same responses. They said those are slave wages


Posted by Korkstand
Member since Nov 2003
28703 posts
Posted on 5/22/22 at 12:06 pm to
quote:

The benefits probably add at least another $15k to the starting wage.
Not even close for a young person. Insurance is worth next to nothing, and those discounts are useless when you don't have enough take home to afford the rest of it.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
118922 posts
Posted on 5/22/22 at 12:06 pm to
quote:

picker/puller position

quote:

experience


Does this take more than an hour to have experience in this job?
Posted by lsupride87
Member since Dec 2007
94889 posts
Posted on 5/22/22 at 12:06 pm to
In the Great Depression, the average Americans income was 34% of the average housing cost

Today, the average American income is 22% of the average housing cost

Americans now are worse off in regards to home ownership, the biggest and most traditional builder of wealth for the “American dream”, than those in the Great Depression

So no, gen z is just screwed
This post was edited on 5/22/22 at 12:07 pm
Posted by 777Tiger
Member since Mar 2011
73856 posts
Posted on 5/22/22 at 12:06 pm to
quote:

Yes, it’s about ‘their best possible paycheck’ and not a work life balance or stable position.



and then before they know it they're well into "life" and can see retirement on the horizon and look to see where their pension and/or 401k should be and realize there is neither and realize that they'll never be able to retire because their only means of sustenance is the cash flow of that "best possible paycheck," oh yeah, there's another little thing -health coverage, they don't have it and can't afford to stop work until they reach Medicare age
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