Quote:
Originally Posted by Minte
The lowest starting wage that my business offers is $9.50. After 90 days it rises to $10.00. In 2012 we gave raises twice. We have skilled labor making over $24.00 per hour. We have a number of people in middle management making 60k + and top level management making 6 figures. That does not include the cost of health,dental,death and work comp insurances.
We also give no interest loans to employees after they have been with us a year. Up to $700. They can pay that back over a year. We have never been stung on one.
As far as the argument goes to whether the minimum should be raised. I haven't ever seen a benefit to having employees struggle. I hope there is no one in our organization that is receiving food stamps or assistance.
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$9.50 is easily within the range of still needing food stamps.
So while better than minimum wage. It's still very probable that some of your employees are in need of additional government assistance.