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An open question: What's the impact of a minimum wage in a situation like this? Does it discourage the college educated from leaving the McDonalds job "becaus
by mathattack 13y ago
An open question: What's the impact of a minimum wage in a situation like this? Does it discourage the college educated from leaving the McDonalds job "because it pays the same as that ad agency job anyways"?
- gregpilling 13y agoI think that a person with a passion for advertising/marketing would much rather work in their chosen field than serving food.
- mathattack 13y agoIt's a pay cut (sometimes unpaid internships are required) and the pay cut is getting worse. But really this is really decision making on the margin. If someone is already willing to work at minimum wage for a job they're overqualified for, what's it mean when you mandate a raise for them? (And to the people who are adequately qualified, but not overqualified)