4 ms·
What good is a company that is not sustainable enough to pay its employees enough to live?
by locklock 8y ago
What good is a company that is not sustainable enough to pay its employees enough to live?
- prepend 8y agoThese fulfillment centers aren’t in Manhattan and San Francisco. $19 is certainly enough to live (~$38k/year). This is way above poverty and one of the highest wages for unskilled labor.
- AlexTWithBeard 8y agoA family of two making 38k a year each sounds like a very decent income. At least it's way more than a postdoc immigrant can count on.
- Applejinx 8y agoIt can be 'good' in a very perverse sense, i.e. good enough to undermine and destroy other companies that DO choose to pay their employees enough to live. This is unhelpful, but that's the way things work at the moment, and it's very well understood by aggregate investment capital. So then you get a second sense: good enough to sustain huge amounts of investment capital from people who correctly perceive that it will destroy other companies that choose to pay their employees enough to live. Still pretty unhelpful, if you're a human…
- zeroname 8y agoAmazon warehouse still pays better than those retail jobs it destroyed.
- xfer 8y agoI was paid much less in university for TA and research work(in canada) and i was doing fine.
- perfmode 8y agoHow was your university health insurance? Were you on your parents' plan?
- xfer 8y agoI was on basic health insurance(paid by myself) and it was mandatory for immigrants. I never had to visit the doctors, so unsure of the details of coverage.
- perfmode 8y agoCould you have raised a child on that salary? In the long term? How would you have paid for college? Could you break the cycle of poverty in your family without saving for your child's college education?
- xfer 8y agoIf i were married to a working partner, then i probably would be able to do all of these.
- marknutter 8y agoThis is called "moving the goalposts".