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Squirrel

$15 dollars a hour?

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Squirrel    2,856

http://www.bloomberg.com/news/2013-07-29/fast-food-workers-strike-for-higher-wages-in-u-s-cities.html?cmpid=yhoo

 

 

 

 

 

Thousands of fast-food workers from restaurants such as McDonald’s Corp. (MCD) and Wendy’s Co. (WEN) walked off the job beginning today, calling for $15-an-hour pay.

Employees of fast-food eateries are striking in New York City, Chicago, St. Louis, Detroit, Milwaukee, Kansas City, Missouri, and Flint, Michigan, this week, organizers said in an e-mailed statement. The workers, who also are demanding the right to form a union without retaliation, are organized by groups such as New York Communities for Change, Jobs with Justice and Action Now. The Service Employees International Union is providing money to the campaigns and helping to organize the strikes.

 

 

 

If you want to make $15 a hour get a job that requires some skill.  I know people working for less than $15 and they have peoples lives in their hands.

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Inimicus    2,542

Just so long as everyone else gets a proportionately equal bump.  I wouldn't mind almost doubling my salary...

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teeray    16,195

Sure.  Significant wage increases across the board are 30 years overdue.

 

Wages for the top percent have quadrupled since 1979, yet wages for everyone else have stayed about the same.

 

Did you guys know that purchasing power for minimum wage in the 50's would be the equivalent of about 11.00/hr today?  Not surprisingly the 50's was one of our greatest economic growth periods.

 

15 might be a little high for fast food chains, but my guess is it is a negotiating starting point.

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Jase    12,322

that seems steep given that's about what a lot of liberal arts college grads make when they hit their respective job markets

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MadHatter    9,501

$15 an hour for fast food workers will mean $15 for a combo meal.

 

 

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MadHatter    9,501

Flipping burgers should not net you a $30k+ salary.

 

Want more.....stay in school and get an education.  Or, go to a tech school and develop a marketable skill.

 

An NO....beaing able to ask if you want fries with that does NOT constitute a marketable skill.

 

 

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teeray    16,195

Then people will stop eating fast food combo meals and they will go out of business. I doubt they would want that to happen.

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Panthro    9,928

$15 an hour for fast food workers will mean $15 for a combo meal.

 

I may finally stop eating at bojangles.

 

Naaah

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teeray    16,195

If you pay lower wage employees more it will force other employers to pay you market value for your skills. Raising low skill wages will increase wages of skilled workers.

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MadHatter    9,501

I may finally stop eating at bojangles.

 

Naaah

 

Hell no.

 

Bojangles is worth every penny.  I swear they sprinkle their chicken with crack....it is damn near addictive.

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Niner National    535

Sure.  Significant wage increases across the board are 30 years overdue.

 

Wages for the top percent have quadrupled since 1979, yet wages for everyone else have stayed about the same.

 

Did you guys know that purchasing power for minimum wage in the 50's would be the equivalent of about 11.00/hr today?  Not surprisingly the 50's was one of our greatest economic growth periods.

 

15 might be a little high for fast food chains, but my guess is it is a negotiating starting point.

I would have said $10.

 

I actually cannot believe people get paid less than that. I have never in my life made single digits per hour and I started working when I was 16...so it isn't like I waited until after college to start working.

 

I don't know how they do it.

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Jase    12,322

they'd go out of business no matter what.

 

fast food is a pyramid scheme of franchising and profit sharing.

 

Cheap, high volume labor and cheap, high volume product are at the bottom holding the entire system up.

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MadHatter    9,501

If you pay lower wage employees more it will force other employers to pay you market value for your skills. Raising low skill wages will increase wages of skilled workers.

 

I understand that....it will cause a significant wage increase across the board.  Which will in turn cause higher prices on everything.

 

Then, everyone is back to the same purchasing power position....only with higher inflation in this country.  Thus making US made products less attractive in the global market.

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teeray    16,195

And although it might hurt some employment it will encourage people to look at certain lower level jobs for employment because of better wages. Making it more worth while.

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MadHatter    9,501

And although it might hurt some employment it will encourage people to look at certain lower level jobs for employment because of better wages. Making it more worth while.

 

Not sure I am following you.

 

Do you mean that raising the wages on the low level jobs may incent people on welfare to look at those jobs?

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