Quote:
Originally Posted by L-Pink
If you have never owned a small business employing minimum wage workers you don't realize most are over-paid at minimum wage.
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Exactly.
However, that does not even get into the REAL COST to the business. Just because some Mcwebmaster makes minimum wage, that does not represent the ACTUAL COST to that business. There is a lot of additional expense for any one worker that most never factor in. If you provide a worker with vacation time, health or other benefits, insurance, workman's comp, taxes, uniforms, whatever.
The point being, all of that is an additional cost to the business over and above the hourly wage expense to one working employee. It seems that when people are throwing around these numbers, they somehow always forget all of these other expenses and cost to the business for this worker. I can assure you it's much higher than their hourly wage.
If a $10.00/hour (over minimum wage) is getting health benefits of any kind from their employer, especially if they have a family, they are truly making more like $15.00+ an hour as a TRUE COST to that business once you break down the cost of health policy over their hours worked. Add in vacation and personal days off, and the rest that each worker represents in TRUE COST and it blows a lot of these numbers out of the water.
When does it end? We need to provide these people $20.00/hour jobs for flipping McBurgers, provide them outfits, health insurance, paid leave, workman's comp, 401k unti the cost to the business is $40-50/hour per worker?!?!?! How much more per big mac will the consumer be willing to pay to achieve this?
