After increasing wage to $15 an hour, Klavon’s says all positions are filled, morale is up,

Their pay will go up, for the exact reason you listed. People won’t want to work there otherwise.

 

Please google anecdotal evidence.

 

If sales volume and price remained constant, one of three things happened:

1. Ownership took a reduction in profit

2. They staff less labor hours at the higher rate.

3. They cut other expenses to pay labor more.


Math is math. There is no way to increase labor costs on a flat revenue and one of those other things don't happen.

Simply believing in something doesn't make the math go away.

 

correct, and if they are paid the min wage, they should find another job, if the min wage is 15, and they only get paid 15, why stay

 

I get it I really do. But there is plenty of other evidence. There is a reason why it’s working. You’re not really interested in the answer though because:

This is 100% incorrect and so laughable that you posted it.

 

Good news if the shop has been profitable. It would be interesting to know if it is.

 

Yep.. paying these fellas a living wage.



Remember the good ole days when these jobs were held by teens and young adults working to have some spending money as these were simple, entry level positions?? Yeah, now a fast food fry cook she be paid the same as an EMT... Brilliant!

 

It is not possible to have a high tide in one place without having a low tide in another. A high tide cannot lift all boats without lowering others. Increasing min wage is only a raise for the tax man.

If nautical nonsense be something you wish, then drop on the deck and flop like a fish!

 

How does having human hands close to the product increase quality?

 

And where are they going to get this additional money to pay them?

 

Same place they get the money to pay them now.

 

So we don't need EMTs?

 

Exactly. It is passed down to the consumer. When the employee gets paid, they are a consumer, right?

 

Prices are not set by what the employer wants to earn. Some may get passed on, if the market will support that. Or the company may have to earn less profits.

 

We do, which is why they don’t and won’t make minimum wage.

 

My estimate of a $20 fast food burger includes the crippling inflation that's on the horizon. Mostly due to Biden and the Dims spending trillions of dollars here and trillions of dollars there that they don't have. I hear the budget for just the green ink used to print money runs into the millions every year. Then you have the special paper and the hologram effect. What if the country becomes so broke it can't even afford to print money any more?

 

Depends on whether they are a price setter or taker.

 

So we are either forcing consumers to use their increase in pay to buy more expensive products or are forcing business owners to reduce their margins. What if the business owner is motivated by profit? Can you think of ways they can circumvent this added expense?

 

Depends on the industry. Broad statements don’t always work.

 

They deposited their $15 per hour paycheck and must buy their needs from businesses also paying their employees $15. Their pay doesn't go any further, but the tax man gets a raise. Politicians claiming to care about the worker, their quality of life, and providing a "living wage" are only interested in the additional taxes. If they really cared about workers, they would reduce their taxes.

 

Give me an example:

 

Yes paying people means things cost more. The alternative is slavery I guess, maybe serfs?

 

Do you believe that the increase in minimum wage cause the food prices to go up 40%?

 

Exaggerate much?

Price of a Big Mac: $3.99

McDonald's Menu Prices - Fast Food Menu Prices

Yeah, that crippling 400% inflation is right around the corner. Right around the corner of all of our lifetimes.

Misinformation based on ignorance will never go away. Setting the record straight won't either.

 

Far from correct. Between those two extremes is the natural law of supply and demand. The amount of pay an employee can demand is in direct proportion to how hard they are to replace.