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  1. #81
    Quote Originally Posted by Theodarzna View Post
    Actually that isn't wrong. Take your typical retail outfit, typically the lowest level workers get min. wage and say shift supervisors or managers or whatever get maybe 14 an hour. If everyone is paid 14 than the supervisors might as well step down for an easier job and the same pay. Everyone else would either have to get a pay bump or the appeal of less to do and more pay will draw people out of high stress jobs in say mid level to low level management.
    Or just don't raise at all as a way to convince people who have qualified for extra pay though training. I have had this done to me, but luckily they also did a round of firing of all of the store manager roles at the same time. Min wage goes up so the less skilled get a pay raise. The skilled non managers get no pay raise. Fire the assistant managers. Promote a couple of skilled workers to 'floor managers' for a token Inc in pay. The rest of the skilled workers leave. What have you done? You have reduced your wage bill and marginally lowered your quality which is nothing in a retail environment.
    Quote Originally Posted by Nizah View Post
    why so mad bro

  2. #82
    Titan vindicatorx's Avatar
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    Quote Originally Posted by Twix View Post
    Maybe they had their pay reduced in order to pay other employees 70k/year? Otherwise, sounds pretty dumb to quit a job because you think others don't deserve as much as you lol
    From my experience at places like that where they pay according to time you have worked there rather than performance I completely understand their frustration. The guy who sat next to me came in 2-3 hours late a day then proceeded to watch YouTube and piss around on facebook. While I worked my ass off only to get the same pay he did and when it came to raises he got the exact same raises I did. I remember one week he just didn't show up to work at all and no one but mew seemed to notice. When He came Back I asked if he had taken a week of vacation and he said no, he just didn't feel like coming in. The guy was the worst employee I've ever seen and none of management paid attention to it because I covered his slack. I would never stick with a job that paid those who work harder than everyone else the same as those who do next to nothing.

  3. #83
    I'd have to look at their organization structure to see who all is getting paid 70k... If all employees are responsible for the same exact things then I suppose they can try to implement this pay structure. Really though the CEO is just playing on political/social issue to gain publicity.

    This company is limiting their talent pool if they aren't willing to pay what a person's expertise is actually worth. I.E. The janitor shouldn't be getting paid the same wage as the department head of Information Technology. Their spheres of influence and expertise required are much different. The schooling and certifications required are different. The ability for the company to replace them is different. Their value to the company is different.

    This is a great pay structure for people that suck at their job and haven't/aren't advancing their qualifications that demand additional compensation. No one that thinks they are worth more to a company than 70k will ever apply to work there. All I can say to them is good luck, seems like a gimmick to me.

  4. #84
    Quote Originally Posted by lolpve View Post
    Nothing has inherent worth. Prices are driven by markets. Someone who can make a million a year for his company is worth more than a plumber because his work generates more earnings and there is a smaller supply of people capable of performing to that level.

    Now if we lived in a dystopia in which the sanitation system was falling apart then plumbers would be worth whatever they wanted, people would be throwing money at them, same with builders and electricians. But we don't. Things generally work, there are a lot of skilled tradies around, they are cheap thanks to illegal immigration suppressing wages (thanks leftists!).

    At the current time, financial services are one of the most in-demand markets for skilled work. In the future when AI takes over financial services the demand will switch to something else, just as how elite blacksmiths aren't as wealthy and demanded as they were hundreds of years ago.

    You socialist kids have really fucked up ideas about economics, that is obvious. You think work has inherent worth. You think wealth is a zero-sum. This is what leads you to really stupid conclusions and political philosophies.
    I didn't ask about how markets work. I asked which you thought you could live without first. You did nothing to answer that question in your rant. I already know how markets work. I'm not actually as much of a moron as I sometimes think I am. Nor I am not a leftist, a socialist, or a kid. But I will admit that where I said "worth more" I should have said "more valuable". I don't have fucked up ideas about economics. Society has fucked up ideas about what's valuable. Luckily I don't have to fully live my life the way society dictates. All that is required of me is to do my job every day, make sure my family is taken care of, and find ways to entertain myself. The most entertaining thing for me to do is sit back and watch the cycle that our species has been stuck in for a couple hundred thousand years turn, and laughing at the people that think everything we're going through is something "new".

  5. #85
    I am Murloc! Asrialol's Avatar
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    Quote Originally Posted by Didactic View Post
    Chances are most people would go and ask for an increase in pay owing to their now vastly stronger bargaining position relative to other earners, meaning that a minimum wage hike would translate into an upwards cascade of wage increases to a certain point.

    This is a known phenomenon and is considered one of the strongest arguments in favour of government mandated minimum pay rate. Did you actually have a point?

    - - - Updated - - -



    Do you really think a CEO puts in a thousand times the work per hour as a minimum wage employee?
    Some of them most likely works extreme hours, instead of the 8-16 as many normal employees does. Let's not forget their tremendous amount of responsibility as well.
    Hi

  6. #86
    Quote Originally Posted by Ralgarog View Post
    Let's say you work in a small office. You are invested in your work, but you don't have enough resources, but you decide to work extra hours to get work done. Let's say that you develop a system that leads of better preprocessing and structuring of work, which now means that you can perform 40 hours of work in only 10 hours. But you still work your 40 hours.

    Tim also works in this small office. He barely even does his base job right. You constantly have to interrupt your work in order to help him with his issues. When you introduced the new system, he flat out refused and decided to stick to the old system, wasting resources (in this case, time) working through an old system.

    Tomorrow, it was announced that everybody's getting a raise! You went from making 60k to 70k. Tim went from making 40k to 70k. Does that really seem fair to you, given the amount of work and dedication you offered to this hypothetical company?

    If you have enough resources to give everybody a raise to 70k, you definitely have the resources to give better workers even better pay. It is never a good idea to just raise the minimum pay of -all- employees to a certain amount without rewarding the highest performing workers. That is a one trip ticket to losing your top 50% most effective workers.
    I don't care what others make. If I think my work is worth 70k/year then I will stay. If I can get a higher salary elsewhere in the market then I will leave the job. Couldn't give two fucks what Tim makes.

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