DOWN
Banned
Because it sounds utterly impossible to flatly apply to all companies and all age workers
Like I'm pretty sure I've read Wal Mart for example makes something like $1300 profit per employee and with the jump to $15 they would be losing over $4000 per employee
Surely there will be less jobs if every worker costs the company 30%+ more? Not that many companies are rolling in profits that could absorb that without reducing the work force
So if I understand correctly that people want a minimum $15 per hour for everyone, help me understand how that much more money goes into paychecks and gets balanced out with number of jobs available and company revenues
If there's a way, of course it would be good. I just don't see the way.
Like I'm pretty sure I've read Wal Mart for example makes something like $1300 profit per employee and with the jump to $15 they would be losing over $4000 per employee
Surely there will be less jobs if every worker costs the company 30%+ more? Not that many companies are rolling in profits that could absorb that without reducing the work force
So if I understand correctly that people want a minimum $15 per hour for everyone, help me understand how that much more money goes into paychecks and gets balanced out with number of jobs available and company revenues
If there's a way, of course it would be good. I just don't see the way.