- 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
re: Is Gen Z etc totally out of touch about salaries?
Posted on 5/23/22 at 10:40 am to La Place Mike
Posted on 5/23/22 at 10:40 am to La Place Mike
quote:
You get room mates. You also dont have you have gaming devices and the games that go with them. You eat in and either learn to cook or heat something up. In other words. Dont spend money on other useless crap like brand named clothes and shoes
Do all these things and you still can't
quote:
invest in their 401k
At $15/hour when chicken is $4/pound and gas is $5/gallon
1
Posted on 5/23/22 at 10:40 am to greygoose
quote:
You just went over 99% of the Zoomer's heads.
100% of Bernie Bros. Its astounding how stupid they are.
Posted on 5/23/22 at 10:41 am to NC_Tigah
quote:well, in today's climate $20 is nothing.... so yeah, i guess
However, should a bluecollar worker step out of HS and the next day draw in 20+/hr +bene's right off the bat for a position that requires very little to master?
it's not really about "should" or hypotheticals. it's about "can" or the reality of the situation
Posted on 5/23/22 at 10:43 am to wadewilson
The focus people put on what executive pay looks like is dumb. Difficult jobs with super high turnover and extreme competition for the best…yes, there is a steel premium paid for top executives. It is a separate labor market from average employee base.
Posted on 5/23/22 at 10:43 am to RogerTheShrubber
quote:
You're living in 2016. Businesses are shutting down or limiting production because of the price shocks and shortages.
he's better off hiring temp help or limiting production than he is losing money. There is no future to count on right now.
Op even admits that Target is offering $7 more an hour, they also offer benefits but he didn't care to google what his hiring competition is offering.
Posted on 5/23/22 at 10:46 am to RogerTheShrubber
quote:
McDonalds just automated. They don't need as many employees as they did.
The McDonalds by us... just a few months before COVID started, remodeled the inside and put in the order kiosks.
And they now sit there, unused, because the lobby has remained closed.
They will continue to be labor intensive until they automate the drive thru and the cooking process.
Posted on 5/23/22 at 10:47 am to Dire Wolf
quote:
Op even admits that Target is offering $7 more an hour
Target also has many part time positions and are well capitalized.
BigCorp can lose money, small business can't. Its the little guy getting crushed.
And has been since March of 2020.
This post was edited on 5/23/22 at 10:48 am
Posted on 5/23/22 at 10:49 am to LSUFanHouston
quote:
The McDonalds by us... just a few months before COVID started, remodeled the inside and put in the order kiosks.
About when the franchise here did, around summer of 2020. They are killing it as the only fast food place in town.
They pay kitchen help $18/hour, but they are mostly part timers.
Posted on 5/23/22 at 10:51 am to RogerTheShrubber
quote:
Target also has many part time positions and are well capitalized.
BigCorp can lose money, small business can't. Its the little guy getting crushed.
From the very first line of the OP
quote:
The company I work for, a Fortune 500 company
Posted on 5/23/22 at 10:53 am to RogerTheShrubber
quote:
arget also has many part time positions and are well capitalized.
BigCorp can lose money, small business can't. Its the little guy getting crushed.
And has been since March of 2020.
but OP works for a big corp
Also none of that matters, people shouldn’t take a pay cut because it’s a small business.
This post was edited on 5/23/22 at 10:59 am
Posted on 5/23/22 at 10:54 am to LSUFanHouston
quote:
They will continue to be labor intensive until they automate the drive thru and the cooking process.
Anything to keep from dealing with entry level, low skilled workers.
Posted on 5/23/22 at 10:58 am to Dire Wolf
quote:
but OP works for a big corp
I doubt he's the one setting wages for this company, and he probably is not capable of raising wages 50%. He's fricked.
Posted on 5/23/22 at 11:02 am to RogerTheShrubber
quote:
I doubt he's the one setting wages for this company, and he probably is not capable of raising wages 50%. He's fricked.
maybe but it is pretty dense to call an entire generation out of touch when he can't even google what his competition is offering.
Posted on 5/23/22 at 11:04 am to Greenie10
quote:
These kids expect $25 hr+ to do menial tasks in an entry level warehouse position. I said what about the benefits? No care, it's all about their paycheck every 2 weeks.
One guy told me he can make $22 at Target. I told him he could, but he's not making 40 hrs a week there, his schedule will include nights and weekends, probably no paid PTO(certainly not 3 weeks), no health insurance, 401k etc. He said, yeah, but $22 hr.
If I were your company I would offer two contracts
15/hr and all the benefits or 25/hr and no benefits.
Posted on 5/23/22 at 11:09 am to Greenie10
quote:more than likely yes
Are these people retarded?
Posted on 5/23/22 at 11:10 am to GreatLakesTiger24
quote:This probably isn't the forum for an economics discussion. The "reality of the situation" though is $20/hr for unskilled labor will be impossible to unwind without a whole lot of pain for those same $20/hr workers.
it's not really about "should" or hypotheticals. it's about "can" or the reality of the situation
The employer will have to pass along costs or become insolvent. Salaried middle class families will get squeezed, and shutdown spending. Recession and business shuttering will follow. Those $20/hr workers will join an exodus of their compadres who may or may not even qualify to file for unemployment.
After a year or two, $15/hr positions will reopen, and the unskilled worker will need to take it, or to leave it to the thousands of fellow unemployed unskilled folks out there. Recessions stink.
Posted on 5/23/22 at 11:12 am to NC_Tigah
quote:
After a year or two, $15/hr positions will reopen, and the unskilled worker will need to take it, or to leave it to the thousands of fellow unemployed unskilled folks out there. Recessions stink.
Unfortunately this one will be necessary and a lot of people (myself included) will be hurt.
Unskilled workers have an avenue for a raise, which is increase your value.
This post was edited on 5/23/22 at 11:13 am
Posted on 5/23/22 at 11:16 am to NC_Tigah
quote:
The employer will have to pass along costs or become insolvent. Salaried middle class families will get squeezed, and shutdown spending. Recession and business shuttering will follow. Those $20/hr workers will join an exodus of their compadres who may or may not even qualify to file for unemployment.
Or maybe we could stop growing executive salaries and bonuses at absurd rates, stop wasteful corporate spending, or one of the million other things instead of stagnating wages for the bulk of employees.
Posted on 5/23/22 at 11:20 am to Greenie10
quote:Any positions open in the DFW area for a high schooler in the summer?
Greenie10
Posted on 5/23/22 at 11:34 am to Mingo Was His NameO
quote:Maybe. But here's the thing: Those exec comp packages are often not so much a matter of salary. They are stock or stock options weighted. Offer that same type compensation optionally to the average worker, and for a litany of reasons (many quite sound) they'll turn it down 100 out of 100 times.
Or maybe we could stop growing executive salaries and bonuses at absurd rates
Page 33 of 49
Popular
Back to top
Follow TigerDroppings for LSU Football News