4 ms·

Should companies double the pay of employees? Well if the employees aren't complaining and people are willing to take the pay then what's really the incentive?

by vladmk 13y ago

ArtDev 13y ago
Business does whatever it can get away with. The workers qualify for all kinds of government benefits because they don't make enough to live on. McDonald's Profits $8.5 Billion per year. Should taxpayers but subsidizing McDonald's? http://www.thedailybeast.com/articles/2013/07/30/fast-food-workers-walk-out-of-jobs-to-protest-low-wages.html http://www.thedailybeast.com/articles/2013/07/30/fast-food-w...
anigbrowl 13y ago
They're not going to complain if they're afraid of being fired. Restaurant work is some of the hardest work out there, if you put in a full working week that shouldn't leave someone in poverty.
- mmorett 13y ago
  Working, no matter how many hours, does not dictate what you get paid. Your value in the marketplace does. Fact is, fast food workers aren't very valuable and are easily replaced. Hence, they get paid very little. If you can throw touchdown passes like Brady or Rodgers, you'll get paid millions. Can't do that? Ok...then if you could perform brain surgery, you'll get paid less than top NFL QBs, but still in the millions. Can't do that? Ok...then if you could write code or perform accounting work, you'll likely get a decent 6 figure salary. Can't do that? What can you do? Flip a burger? Seriously? There is no value in that. Bring something to the table in order to get paid well. Bring some skill, some education, some certification, some licensing. Bring something instead of whining how your lack of skills and education cause you to be poorly paid.
  - anigbrowl 13y ago
    There's more to economics than just supply and demand. What can you do? Flip a burger? Seriously? There is no value in that. Hence the popularity of self-service burger restaurants...oh, wait. The thing is you're assuming perfect competition, which is manifestly not an appropriate model, since food service providers are engaged in monopolistic competition. Bring something instead of whining how your lack of skills and education cause you to be poorly paid. I don't work in food service, I'm making a comment about people who do. Dial that attitude back.
    - mmorett 13y ago
      Monopolistic competition? More whining. Fact is, the restaurants exist and provide jobs at a certain level of pay. Job applicants are free to apply or not apply. There is no monopoly. There are thousands upon thousands of restaurants in the country. Dial that attitude back.

Should companies double the pay of employees? Well if the employees aren't complaining and people are willing to take the pay then what's really the incentive?

by vladmk 13y ago

Should companies double the pay of employees? Well if the employees aren't complaining and people are willing to take the pay then what's really the incentive?

ArtDev 13y ago

Business does whatever it can get away with. The workers qualify for all kinds of government benefits because they don't make enough to live on. McDonald's Profits $8.5 Billion per year. Should taxpayers but subsidizing McDonald's? http://www.thedailybeast.com/articles/2013/07/30/fast-food-workers-walk-out-of-jobs-to-protest-low-wages.html http://www.thedailybeast.com/articles/2013/07/30/fast-food-w...

anigbrowl 13y ago

They're not going to complain if they're afraid of being fired. Restaurant work is some of the hardest work out there, if you put in a full working week that shouldn't leave someone in poverty.

mmorett 13y ago
Working, no matter how many hours, does not dictate what you get paid. Your value in the marketplace does. Fact is, fast food workers aren't very valuable and are easily replaced. Hence, they get paid very little. If you can throw touchdown passes like Brady or Rodgers, you'll get paid millions. Can't do that? Ok...then if you could perform brain surgery, you'll get paid less than top NFL QBs, but still in the millions. Can't do that? Ok...then if you could write code or perform accounting work, you'll likely get a decent 6 figure salary. Can't do that? What can you do? Flip a burger? Seriously? There is no value in that. Bring something to the table in order to get paid well. Bring some skill, some education, some certification, some licensing. Bring something instead of whining how your lack of skills and education cause you to be poorly paid.
- anigbrowl 13y ago
  There's more to economics than just supply and demand. What can you do? Flip a burger? Seriously? There is no value in that. Hence the popularity of self-service burger restaurants...oh, wait. The thing is you're assuming perfect competition, which is manifestly not an appropriate model, since food service providers are engaged in monopolistic competition. Bring something instead of whining how your lack of skills and education cause you to be poorly paid. I don't work in food service, I'm making a comment about people who do. Dial that attitude back.
  - mmorett 13y ago
    Monopolistic competition? More whining. Fact is, the restaurants exist and provide jobs at a certain level of pay. Job applicants are free to apply or not apply. There is no monopoly. There are thousands upon thousands of restaurants in the country. Dial that attitude back.