Alberta’s minimum wage hike is a success
- Thread starter Charlemagne
- Start date
no evidence of that happening based on the articleYou mean the same ones that have actually lost because their job was either eliminated or their hours were cut?
No company is forced to pay anyone ANYTHING, they can always chose to not hire anyone. If the restaurants were so marginal they could not afford a few bucks more per hour, then that's natural selection. restaurants go out of business all the time. The only objection I have to the min wage hikes is the sudden increase, the fact they were allowed to languish so long was an act of negligence. When they were suddenly corrected, the shock was needless and excessive. It really should have been ushered in at 25 cents per quarter until it hit $15.The reality is that there are many people who do not deserve $14 per hour for the job that they do so why should their company be forced to pay them $15?
A lot of companies are getting killed by having to dramatically raise their prices.
The 2 restaurants where I often went for lunch have both gone out of business.
Some others have significantly raised their prices and are not even remotely close to being as busy as before.
Some people may make a little more money but everybody ends up paying a lot more for almost everything they buy.
Only reason NDP was there is the right got split...Alberta's minimum wage is about 1% higher than the national average. For decades it was always below the national average. The NDP will be thoroughly crushed in the next provincial election that is for damn sure.
Scant evidence of any of that happening. Cut hours means in increase in productivity. I would much rather work fewer hours for the same money or even slightly less . The ones with reduced hours have options to pursue other jobs or economic initatives.You mean the same ones that have actually lost because their job was either eliminated or their hours were cut?
Close up shop with youth unemployment an ongoing issue?
You do not think these issues through do you?
Do you employ 20-30 people and worry every night about meeting the next payroll?
Have you ever borrowed $10-20K to make sure your employees had confidence they will always get paid?
What right do you have to pass judgement on how a business operates?
No I have not because I am not a a shitty businessman that would put myself in that position. If a business cannot make money or find a business model that is profitable, then it should shut down. That is one of the cores of market system. Why are you suddenly turning into a commie when businesses go under. It is supposed to unlead renewal
I am talking about existing companies with existing employees.No company is forced to pay anyone ANYTHING, they can always chose to not hire anyone.
What part of this is so difficult for you to comprehend?
Many companies have no choice but to cut staff and hours as their business becomes less viable if they must charge higher prices.
Even so, a reduction is service and productivity could end up in their demise.
Companies that can afford to raise their prices without significant repercussions should have already done so on their own to find their optimal price points.
The vast majority of companies do not have the luxury of such underutilized pricing power.
Then it should be no issue at all.Companies that can afford to raise their prices without significant repercussions should have already done so on their own to find their optimal price points.
The vast majority of companies do not have the luxury of such underutilized pricing power.
If companies are successful then they should be paying more then the new minimum wage.
If they're not successful, cheap labour won't solve their problems.
Perhaps Tim Hortons can make the same amount of donuts with 1 less person behind the counter but cut hours does not mean an increase in productivity.Scant evidence of any of that happening. Cut hours means in increase in productivity. I would much rather work fewer hours for the same money or even slightly less . The ones with reduced hours have options to pursue other jobs or economic initatives.
If you expect your employer to pay the same money for less hours, would you work harder to produce the same results?
This isn`t even possible in many cases.
And most companies do.Then it should be no issue at all.
If companies are successful then they should be paying more then the new minimum wage.
If they're not successful, cheap labour won't solve their problems.
But for the ones who are seriously affected by dramatically higher minimum wages, I would rather have the free market decide if they are viable or not.
They are not capturing people and forcing them to work.
For example, Jim Jae Kai noodles.
The one in Scarborough at Brimley and Sheppard raised their bowl of noodles $1 to $7 and it is much quieter there now.
The one in Richmond Hill at West Beaver Creek is still $6 and totally packed.
$1 may seem like nothing to most people but for some it is the difference between $7 or $0.
Translating from weasel to english you are saying that you do not know what it takes to run a business.No I have not because I am not a a shitty businessman that would put myself in that position.
Yet in your next statement you think you know what it should pay its employees and you have determined that if it can not do so, it should go out of business
You mean if the province increases its primary expense by 30% & it can not pass that along or absorb it too bad, close up the shopIf a business cannot make money or find a business model that is profitable, then it should shut down.
Not too many businesses that can withstand a 30% increase to its primary expense
In order for a market system to operate the government should not introduce 30% cost increasesThat is one of the cores of market system.
too funnyWhy are you suddenly turning into a commie when businesses go under.
Commies dont give a rats ass if business fails,apparently you do not either.
I do care when business fail as I understand that action hurts people, customers, owners & employees
"Unlead renewal" ??It is supposed to unlead renewal
Typo?
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But if you're paying people more with higher minimum wage they'll be able to go out and order more noodles.And most companies do.
But for the ones who are seriously affected by dramatically higher minimum wages, I would rather have the free market decide if they are viable or not.
They are not capturing people and forcing them to work.
For example, Jim Jae Kai noodles.
The one in Scarborough at Brimley and Sheppard raised their bowl of noodles $1 to $7 and it is much quieter there now.
The one in Richmond Hill at West Beaver Creek is still $6 and totally packed.
$1 may seem like nothing to most people but for some it is the difference between $7 or $0.
Not if they are paying more for their necessities.But if you're paying people more with higher minimum wage they'll be able to go out and order more noodles.
And the people who didn`t get the raise are also now paying more for most things, thus they have less money for noodles.
Plus it is a matter of perceived value, not the matter of $1.
Some of their former customers have nothing to do with minimum wage.
Soooo .... how much has inflation increased in Ontario since the advent of the $14 minimum wage and how much of that increase is attributable to that increase to $14?Not if they are paying more for their necessities.
And the people who didn`t get the raise are also now paying more for most things, thus they have less money for noodles.
Plus it is a matter of perceived value, not the matter of $1.
Some of their former customers have nothing to do with minimum wage.
From past experience it has always been 'doom and gloom' emanating from business and corporate interests concerning increases and proposed increases to minimum wage and the reality has always been, in states and provinces that have increased the minimum wage more than a paltry, insufficient and paltry sum, opposite of their "doomsday is at hand" narrative.
To a person layed off of work, the source of inflation is hardly relevant.Soooo .... how much has inflation increased in Ontario since the advent of the $14 minimum wage and how much of that increase is attributable to that increase to $14?
The more important question is how does he/ she manage to get by with no income & higher inflation ?
He / she appears would have been better off with out the min wage increase.
Past experience?From past experience it has always been 'doom and gloom' emanating from business and corporate interests concerning increases and proposed increases to minimum wage and the reality has always been, in states and provinces that have increased the minimum wage more than a paltry, insufficient and paltry sum, opposite of their "doomsday is at hand" narrative.
With 30% increases?
Not in Ontario
I doubt that a 30% increase has happened a lot in NA
Quite often wages are a significant % of total costs for service / hospitality companies
An increase of 30% can wipe out any margin & the reason to operate the business
Passing along the increase to the customer depends on how much competition there is. 30% just is not going to happen in a lot of cases
Phasing in an increase like that over several years (four-five) would have been far more prudent.
Too bad Wynne used 30% as election gift that did not work, instead of applying a pragmatic approach
Okey dokey.To a person layed off of work, the source of inflation is hardly relevant.
The more important question is how does he/ she manage to get by with no income & higher inflation ?
He / she appears would have been better off with out the min wage increase.
Sooo ..... how many minimum wage workers have been laid off/fired because of the $14/hr min. wage?
And of those if any, how many didn't secure another job after they were laid off/fired because their employer couldn't make a business case for his business that obviously relied mostly upon paying less than min. wage employment?
I agree a slower phase in would have been more prudent, and increases of 25 cents/hour per quarter would be preferable. But there is no real evidence of mass unemployment or serious inflation thus far.To a person layed off of work, the source of inflation is hardly relevant.
The more important question is how does he/ she manage to get by with no income & higher inflation ?
He / she appears would have been better off with out the min wage increase.
Past experience?
With 30% increases?
Not in Ontario
I doubt that a 30% increase has happened a lot in NA
Quite often wages are a significant % of total costs for service / hospitality companies
An increase of 30% can wipe out any margin & the reason to operate the business
Passing along the increase to the customer depends on how much competition there is. 30% just is not going to happen in a lot of cases
Phasing in an increase like that over several years (four-five) would have been far more prudent.
Too bad Wynne used 30% as election gift that did not work, instead of applying a pragmatic approach
*crickets*Okey dokey.
Sooo ..... how many minimum wage workers have been laid off/fired because of the $14/hr min. wage?
And of those if any, how many didn't secure another job after they were laid off/fired because their employer couldn't make a business case for his business that obviously relied mostly upon paying less than min. wage employment?
Its sad when businesses fail, but its also sad when people are impoverished. if businesses have no pricing power. If labour is a primary expense, then what % is it? If a 30% increase of one input is not something a business can adjust for then it was probably very marginal. Govts are quite desperate to ignite some inflation.Translating from weasel to english you are saying that you do not know what it takes to run a business.
Yet in your next statement you think you know what it should pay its employees and you have determined that if it can not do so, it should go out of business
You mean if the province increases its primary expense by 30% & it can not pass that along or absorb it too bad, close up the shop
Not too many businesses that can withstand a 30% increase to its primary expense
In order for a market system to operate the government should not introduce 30% cost increases
too funny
Commies dont give a rats ass if business fails,apparently you do not either.
I do care when business fail as I understand that action hurts people, customers, owners & employees
"Unlead renewal" ??
Typo?
