4 ms·
Maybe I don't understand the math but overtime is 1.5x wage. So to get around it farmers hire 2x workers at 1x wage? It seems that hiring more workers should be
by yardie 3y ago
Maybe I don't understand the math but overtime is 1.5x wage. So to get around it farmers hire 2x workers at 1x wage? It seems that hiring more workers should be more expensive.
- chessgecko 3y agobut if the number of hours you need worked is constant than its cheaper to hire a new worker at 1x wage for that extra hour than the same worker at 1.5x
- mattw2121 3y ago100 workers working 70 hours a week at 20/hour: (100 x 40 x 20) + (100 x 30 x 30) = 170,000 200 workers working 35 hours a week at 20/hour: 200 x 35 x 20 = 140,000
- canadianfella 3y ago[dead]
- kennywinker 3y agoExcept the cost of a worker isn’t just their hourly wage. It’s hiring + scheduling, should include benefits and retirement savings (but probably doesn’t), and in this case I believe the workers live on the farm during harvest, so you now need 2x the beds, 2x the food, etc.