Re:Walmart Paid Its People More to Get Cleaner Stores and Hi...
by winstonewert on Saturday October 15, 2016 @12:25PM
(#12714518)
The post didn't argue that raising wages of workers was bad, it argued that raising the wages of workers produces unemployment which you didn't address at all.
Re:Walmart Paid Its People More to Get Cleaner Stores and Hi...
by dsfyu404ed on Saturday October 15, 2016 @06:25PM
(#12715907)
The point he failed to make was that finding employees in a rural area is a "near zero" sum game.
When a large employer raises its wage a big chunk of people who work a few hours at a second job stop working that second job.
Re:Walmart Paid Its People More to Get Cleaner Stores and Hi...
by haalcion3 on Saturday October 15, 2016 @07:41PM
(#12716138)
> When a large employer raises its wage a big chunk of people who work a few hours at a second job stop working that second job.
With the U.S. underemployment rate at 12.9%, having additional jobs available for people to take shouldn't be a bad thing:
https://www.statista.com/statistics/205240/us-underemploymen...
In higher populated areas, yes.
In lower populated rural/areas, not necessarily. In fact, by raising wages in rural areas, additional money coming in from income taxes could be funneled into infrastructure, poorly-funded schools, and law enforcement. This would in theory help produce new areas of innovation and growth which in turn help provide more tax revenue for the state and country. It could also bring more people out of poverty, reduce crime and violence, and help to shutdown meth labs which are more common in rural areas.
I think there are some good arguments against raising wages of workers, like much higher wage workers already making enough to be so comfortable as to not require more (depending on how they pay their employees if they are a small business), or to things such as some cases showing that raising minimum wage causes inflation which causes the quality of life of everyone over the minimum wage to go down, such as: http://www.latimes.com/opinion/op-ed/la-oe-0419-goldberg-min...
However, for most of those reading HN, salary raises have more to do with being competitive, in which case paying more for a better applicant is a good thing.