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#42 Apr 21, 2013
They all look like they want more money for weed
“Don't Drink The Obama Kool-Aid”
Since: Aug 09
You don't need to know, Va.
#43 Apr 22, 2013
Comparing Henry Ford's doubling of wages to this "living wage" proposal is like comparing apples to oranges. Ole Henry had a problem with high employee turnover because of the absolute boredom of repetitive actions of assembly line work. Any idiot who could stand the monotony could do the work. That's why robots have taken over most of the repetive functions of assembly line work.
At UVA, the issue is people who decided that they didn't need to learn any skills to better their lot in life and expect society to pay them a "living wage."
If UVA decides to give in and up their pay, they will be worse off than they were before. The reason being that the skilled UVA employees will demand higher wages as well as all those people in unskilled positions throughout Charlottesville and Albemarle County.
The end result is that prices will rise, employers will decide that they don't need as many unskilled workers, and people will be unemployed.
The labor market decides the value of a person's skills or lack there of and all a living wage does is penalizes those who obtain the necessary skills to survive.
#44 Apr 22, 2013
Not really, labor is a market. You're drawing a false conclusion, and didn't read the article you posted, which supported my argument, and then deleted it. The only problem was that I quoted it first.
Henry Ford has fewer turnovers and it cost less in training. I know we have a problem hiring skilled labor so we compensate very well. Even janitors have to be versed in MSDSes (soon to beSDSes), and proper disposal of hazardous wastes, i.e. CFLs. By keeping wages low, they ensure that those that do seek professional development leave, and those that don't stay. It effectually incentivizes the best and brightest to leave, and mediocrity to stay. That increases the cost of hiring across the board. The process of hiring is an expensive one, the cost of HR, background checks that include citizenship, credit checks, and legal (arrest records and covictions); including new hire drug tests. It increases liability as new employees are more likely to get injured, increasing the costs of insurance. It increases the cost of training, as in the previously mentioned janitorial example. Another cost is reliability, just as any restaurant manager why they carry a wait/ server staff of 110-120%. Itís because of reliability, and on any given night they can expect 10-20% of their staff to call in sick. If one wants reliability, they have to incentivize reliable people for that job, or they will leave. Low wages incentivizes mediocrity, and on the bigger picture, it reduces disposable income for the community, which hurts all industry in the community or society. If people can't afford to buy stuff, they won't or they will commit crimes. If you want to attract productive labor, you have to compensate for it. You're right, labor is a market; it's supply and demand, but you're drawing false conclusions.
The Chinese and Indian workers are the most likely workers in the world to call in sick or get injured (or fake injury) on the job.
#45 Apr 22, 2013
It's not because businesses want to offer interesting work to their employees, it's because robots are cheaper.
Apple and China comes to mind.
Here the real reason for not raising minimum wage:
#46 Apr 22, 2013
So you pay their salary, ya loser!
It's called a free market. If they don't like it, they can go elsewhere if their skills are worth so much.
At least in hell we will have plenty of hors d'oeuvres.
#47 Apr 22, 2013
Usually the cost of a new employee is calculated as twice their wage, benfits are usually the biggest consideration, thats why droves of big employers are turning to part time labor these days.
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