bhsmte
Newbie
I'm going to make a sort of contrarian argument.
If many employees do not produce $12.71 then a lot do not produce $15.00.
So why would employers hire at that cost? The only thing I can think of is as an investment, that the employer expects to gain en employee who in the future will make them money.
The good side is employers will be more concerned with developing employees who are skilled and productive.
The downside ironically is to those that it seems are the ones that those pushing minimum wage increases seek to help. Those may get hired, but after a short bit of training and no improvement they will be fired.
A high minimum wage means companies cannot afford to keep an employee who stays unskilled.
I agree and the 15 an hour number would put some companies out of business who are on the edge and that helps no one.
This is a bit idealistic, but I would be all for something like a profit sharing plan. This way, employees have some skin in the game and have motivation to do a good job and help their company to be profitable. A portion of a companies profits, could be ear marked for distribution to employees in good standing on a quarterly basis.
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