Leave minimum wage alone
POSTED: Thursday, December 22, 2011 - 7:55pm
UPDATED: Tuesday, February 14, 2012 - 11:20am
tyler — A viewer wrote me yesterday to tell me we need to raise the minimum wage like they did in San Francisco.
He said it was a good idea because things cost more now a days and he could use the money.
Well, I have noticed everything cost more now-a-days.
We also had an employee here last week that went up to his supervisor after seeing the San Francisco story and asking when are we going to get a raise up to $10 an hour, said he could use the money.
We could all use some more money, how about you?
But, I told the supervisor who told me about everyone thinking she should just plop down some more money, do they ever realize where this money comes from?
There is no vault in the back where ownership has stacks of $1,000 bills.
Every business, whether it's running a car dealership or Neal's hat shop, there is a business model.
I bet every employer in the world wishes they could pay their folks more if they could. But, they can't!
Economy of scale.
I am not going to speak for this company, but I bet if the state of Texas went to a $10 an hour instead of $7.25 there would be layoffs and cutbacks.
It pains me people don't really understand this. Minimum wage jobs are entry-level.
For most companies, it's a way to get in the front door and make your rookie mistakes on the employers dime.
We hire people here at the TV station for a wage better than minimum wage. It's not a king's ransom, but it's a way to get in the TV business.
And those who find they love the biz are usually promoted to a better paying job or move on to a job somewhere else for more money.
It's the way it is. No matter what some desperate politician tells you. Cash does not grow on trees and life is not fair.
That's my point of view, what's yours?
You can email me at firstname.lastname@example.org.