|
Re: You mean minimum wage hikes come out of *our* pockets?
Schneed, but labor cost is not just the minimum wage. With new healthcare and family leave initiatives, labor cost is going up far more than the 1960s or at any other time in the nation's history. 3 years ago, the owner of the company I work at had several positions in the general warehouse section that if their pay hit $10, they were capped there and most often chose to leave. Now the lowest paid employee starts at $9.50, even with min wage at 7.50, or whatever it is. And the company has raised several standing prices twice in the past 3 years, when it hadn't raised them in the first 7 years I worked here, and longer than that actually. It's certainly only one company's story, but we pass our costs on to the hospitals we serve, so their facility costs have gone up and with more government regulation they are actually using our service more which increases their cost another step. Which brings us back to the OP of the thread - Regardless of whether there is a line on a receipt that says Min Wage Fee or not, raising the min wage will be paid for by the consumers in society.
|