March 23rd, 2020 at 4:25 PM
Slow increases are likely the way to go, honestly. It keeps people happier more often, as you say, and it prevents drastic changes that can affect the economy when people start getting laid off and so forth.
A $15 dollar minimum wage sounds insanely high to a lot of the working class (myself included). To them, it's chump change, but it's not chump change to the companies that have to pay these employees. It would be harder to make payroll with higher wages like this.
In my town, companies have been good about taking responsibility regarding pay regardless. Many of the companies here start out at $10/hour or so. Rent is higher, of course, but it's rare to find a minimum wage job here. And for someone getting their first job while in high school? It's going to be much harder for them to do if the minimum wage is hiked up to unreasonably high levels.
A $15 dollar minimum wage sounds insanely high to a lot of the working class (myself included). To them, it's chump change, but it's not chump change to the companies that have to pay these employees. It would be harder to make payroll with higher wages like this.
In my town, companies have been good about taking responsibility regarding pay regardless. Many of the companies here start out at $10/hour or so. Rent is higher, of course, but it's rare to find a minimum wage job here. And for someone getting their first job while in high school? It's going to be much harder for them to do if the minimum wage is hiked up to unreasonably high levels.
