Categories: Employment

Minimum Wage Workers Basic Economics

<h3 style&equals;"text-align&colon; center&semi;"><strong>Minimum Wage Workers<&sol;strong><&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Minimum wage workers have participated in much clamoring about the &OpenCurlyDoubleQuote;minimum wage” issue&period; Various politicians have also been vocal about the minimum wage workers and their plight when it serves their own purposes&period;  One observed comment about it states&comma; &OpenCurlyDoubleQuote;Don’t like the minimum wage&quest; If you’ve got minimum skills&comma; minimum education&comma; show minimum motivation&comma; and provide a minimum contribution to the workplace&comma; why the hell should someone be forced to pay you more&quest;” This statement makes more sense than any of the clamoring from the demonstrations of &OpenCurlyDoubleQuote;fast food” and restaurant employees&period;  Additionally&comma; it is consistent with traditional compensation management philosophy&period;  If what one is being paid as a fast food &lpar;a misnomer in most cases&rpar; worker doesn’t meet their requirements&comma; they should quit the job and look for another&period;  That is what most people in other occupations are required to do&period;  If one can’t find work paying enough&comma; they should go to school&comma; learn a trade&comma; or educate themselves in other ways that will improve their skills and lead to more opportunities&period;  Many jobs don’t require advanced education – one needs only to apply themselves to the needs of the employer&period;  They shouldn’t wait for and depend on others to provide for them&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">The path forward also applies very much to restaurant workers such as wait staff who have become dependent on tips for the majority of their income&period;  Restaurant owners will state that it is to ensure good service&period;  That is nonsense&period;  In many cases it is obvious that tips make no difference&period;  This practice pits the workers against the customers to determine their income&comma; relieving the owners from management of their employees&period;  The level of service is pretty much &OpenCurlyDoubleQuote;fixed” at the level of serving the meal and perhaps checking back a couple of times&period;  If one has a need for additional service&comma; they must try to get the waiter’s attention and ask for it&period;  The restaurant owner’s assertions are only hiding their exploitation of their employees&period;  If the restaurant is not generating enough income to pay the workers a proper wage&comma; it should go out of business as other businesses do&period;  The marketplace should determine the survivability of an enterprise&period;  It has been pointed out that shoe salespeople and others spend more time satisfying customer needs than the typical waiter&period;  Since many of the so-called minimum &lpar;or below minimum&rpar; wage workers are also subscribed to the social services &lpar;food stamps&comma; EBT cards&comma; subsidized health insurance&comma; subsidized housing&comma; etc&period;&rpar;&comma; the working&comma; tax paying public is subsidizing support of the workers and relieving the establishment owners from paying the actual cost of their labor&period;  This is also true of those enterprise owners that utilize illegal workers who obtain social services paid for by the tax-paying population&period;  Many of these individuals&comma; in all of the above categories&comma; as well as others&comma; have the funds to cover their bodies with tattoos&comma; insert penetrations&comma; booze it up&comma; party&comma; and participate in other non-productive activities&comma; but can&&num;8217&semi;t support themselves&period;  It is uncomfortable having some of these categories of people providing food services&period;<strong> <&sol;strong><&sol;p>&NewLine;<h3 style&equals;"text-align&colon; center&semi;"><strong>Traditional Compensation Management<&sol;strong><&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Traditionally compensation management has been conducted through the application of job descriptions and duties&period;  For a particular level of performance&comma; the duties were spelled out&comma; along with the level of authority expected to be exercised in performing the duties&period;  In turn&comma; these authorities and duties were tied to a level of pay&period;  In this manner the contribution of the employee was paid at a measured rate of pay&period;  As expected&comma; performance levels increased&comma; so did the pay&period;  If the employee did not perform at the level for which he or she was being paid&comma; another job was most likely in order – either voluntary or mandated&period;  Perhaps a change of employer&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">The idea of employees demanding a minimum wage level is contrary to the principals of capital ownership&period;  This is inherent in the existence of labor unions&period;  An example of the negative impact of unions on public capital exists in the form of unionization of garbage collection workers&period;  Arguments for higher and higher pay&comma; and eventually unionization of the workers&comma; was based on the back-breaking labor involved &lpar;they had choices for other employment&rpar;&period;  However&comma; after unionization most cities where unionization took place probably converted to mechanized pickup &lpar;green barrels&rpar;&period;  But demands for increases in costs and wages didn’t go away&comma; they just had a different rationalization and justification&period;  It is the opinion of many that the reasons have more to do with the introduction of additional &OpenCurlyDoubleQuote;middlemen” of questionable credentials than with valid justifications&period;  The auto industry is another example&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<h3><a href&equals;"https&colon;&sol;&sol;usafacts&period;org&sol;articles&sol;minimum-wage-america-how-many-people-are-earning-725-hour&sol;&quest;utm&lowbar;source&equals;bing&amp&semi;utm&lowbar;medium&equals;cpc&amp&semi;utm&lowbar;campaign&equals;ND-Economy&amp&semi;msclkid&equals;2ea94205c19211dd8fbb219b982c10f6" target&equals;"&lowbar;blank" rel&equals;"noopener">Minimum Wage Data<&sol;a><&sol;h3>&NewLine;<h3><a href&equals;"https&colon;&sol;&sol;www&period;squeekx&period;com&sol;blog&sol;2020&sol;02&sol;03&sol;budgets-who-should-develop-what-is-the-budgets-process&sol;" target&equals;"&lowbar;blank" rel&equals;"noopener">Budgets<&sol;a><&sol;h3>&NewLine;<a class&equals;"synved-social-button synved-social-button-share synved-social-size-48 synved-social-resolution-single synved-social-provider-facebook nolightbox" data-provider&equals;"facebook" target&equals;"&lowbar;blank" rel&equals;"nofollow" title&equals;"Share on Facebook" href&equals;"https&colon;&sol;&sol;www&period;facebook&period;com&sol;sharer&period;php&quest;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;squeekx&period;com&percnt;2F2015&percnt;2F06&percnt;2F18&percnt;2Fminimum-wage-workers-basic-economics&percnt;2Famp&percnt;2F&&num;038&semi;t&equals;Minimum&percnt;20Wage&percnt;20Workers&percnt;20Basic&percnt;20Economics&&num;038&semi;s&equals;100&&num;038&semi;p&&num;091&semi;url&&num;093&semi;&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;squeekx&period;com&percnt;2F2015&percnt;2F06&percnt;2F18&percnt;2Fminimum-wage-workers-basic-economics&percnt;2Famp&percnt;2F&&num;038&semi;p&&num;091&semi;images&&num;093&semi;&&num;091&semi;0&&num;093&semi;&equals;&&num;038&semi;p&&num;091&semi;title&&num;093&semi;&equals;Minimum&percnt;20Wage&percnt;20Workers&percnt;20Basic&percnt;20Economics" style&equals;"font-size&colon; 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