Hazard pay in focus as essential workers earn less than the jobless

Re:Hazard pay in focus as essential workers earn less than t... by awinder on Thursday July 02, 2020 @11:41AM (#23714497)

This money ends in July (or has to be renegotiated), so the moral hazard maybe could apply to a few weeks during re-opening (a rounding error). Or maybe it saves a ton of money for these businesses if re-opening goes south and we have to retreat. If you care about moral hazard you should be frying bigger fish imho.

Also may this finally dispel the myth that servers get made whole with tips. This owner is putting out the numbers, 2400/month is 15/hr, the servers would be making 50%/66% of that so 7.50 to 10 an hour. Minimum wage is $11 in maryland.

[ Parent | on HN ]

Re:Hazard pay in focus as essential workers earn less than t... by SilasX on Thursday July 02, 2020 @11:50AM (#23714605)

>This money ends in July (or has to be renegotiated), so the moral hazard maybe could apply to a few weeks during re-opening (a rounding error).

It applies to the entire time someone could be doing other SIP-compatible work.

[ Parent | on HN ]

Re:Hazard pay in focus as essential workers earn less than t... by awinder on Thursday July 02, 2020 @12:11PM (#23714814)

Ok so my heart goes out to the 5 possible business owners nationwide who that may have applied to, but that is a completely unserious argument.

[ Parent | on HN ]

Re:Hazard pay in focus as essential workers earn less than t... by SilasX on Thursday July 02, 2020 @12:27PM (#23714979)

Pretty much everyone is capable of working more than one occupational role, and almost always a SIP-compatible one. Where do you get "business owners" as the relevant category? Are you sure you're taking this discussion as seriously as you expect others to?

[ Parent | on HN ]

Re:Hazard pay in focus as essential workers earn less than t... by awinder on Thursday July 02, 2020 @01:55PM (#23716046)

And in which a SIP-compatible role was open and available, which is probably 5 businesses when unemployment went from 4% to 20%. Moral hazard exists everywhere, especially for people who have known the word longer than 6 months.

[ Parent | on HN ]

Re:Hazard pay in focus as essential workers earn less than t... by SilasX on Thursday July 02, 2020 @02:23PM (#23716342)

>And in which a SIP-compatible role was open and available, which is probably 5 businesses when unemployment went from 4% to 20%.

Pretty much every businesses was offering some kind of SIP compatible role (delivery, remote communication, and socially distanced adaptations). New positions are created and destroyed every day in response to demand. That's how economies work. You can't possibly justify a claim of five businesses.

>Moral hazard exists everywhere, especially for people who have known the word longer than 6 months.

And if it were so obvious, we wouldn't have people being ridiculed for pointing it out early on, or being surprised today at the result of the incentive structure.

[ Parent | on HN ]