Corporations earn enough profits to skew laws in their favor while screwing small business (skew & screw). A worker making so little that they need government assistance is a company benefiting from paying so little. I call that corporate welfare.
Companies should not be in the business of paying for health insurance for employees, especially if they have to compete with foreign companies. Health insurance becomes another place to cut benefits, so employees end up with unaffordable premiums, deductibles, co-pays, etc. Part-time workers become especially profitable because companies (with 20 or more employees) don't have to pay health insurance for them; workers end up needed two or more part time jobs while not having health insurance.
A minimum wage of $15 an hour would raise prices an average of 4%. If a startup cannot afford to pay $15/hr, they need to rework their business model. A higher minimum wage increases consumer spending and tax revenues, decreases government assistance costs, and contributes to job satisfaction.
Wage increases are no longer tied to increases in productivity. The people who do the actual work no longer benefit from productivity increases, raising the gap between the rich and the not-rich, and disincentivising employees from doing their best at a job. Like communism, if it doesn't matter how hard you work, there is no incentive to work hard.
This has been a public service message from a poster with verbosity set to maximum.
Companies should not be in the business of paying for health insurance for employees, especially if they have to compete with foreign companies. Health insurance becomes another place to cut benefits, so employees end up with unaffordable premiums, deductibles, co-pays, etc. Part-time workers become especially profitable because companies (with 20 or more employees) don't have to pay health insurance for them; workers end up needed two or more part time jobs while not having health insurance.
A minimum wage of $15 an hour would raise prices an average of 4%. If a startup cannot afford to pay $15/hr, they need to rework their business model. A higher minimum wage increases consumer spending and tax revenues, decreases government assistance costs, and contributes to job satisfaction.
Wage increases are no longer tied to increases in productivity. The people who do the actual work no longer benefit from productivity increases, raising the gap between the rich and the not-rich, and disincentivising employees from doing their best at a job. Like communism, if it doesn't matter how hard you work, there is no incentive to work hard.
This has been a public service message from a poster with verbosity set to maximum.
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