alxnet7227
Weaksauce
- Joined
- Apr 4, 2016
- Messages
- 115
All the locations that have already implemented $15 minimum wage has already seen some of the effects.
Business charge more to pay the employees. As things cost more, people partake in less. Business get less customers, make less money. Less money, means profit they can cut into to pay employees. Some lose their jobs, some lose their hours, some jobs aren't created, etc. Then you have the other changes. So and so were making $15 before, now it's the minimum wage. They're going to want a pay increase. Business costs will just keep increasing. So..., business simply change locations or shutdown
As a former manager, I used to have migraines when minimum wage increases went into effect. After a while my motto became, f**k it, just raise the price to make up for it.
Interesting take on the minimum wage: Your average burger combo from say, Carls, follows the minimum wage fairly linearly. When wages were $7/hr, your mid-level burger combo would cost about that. When wages jumped to $10, so did that same burger combo. Well, $15 will yet again produce a $15 burger combo.