No it won't. It's an empty threat they use so the bosses don't have to take pay cuts to pay their employees.
If the cost is too high, people won't buy and they know it. Its the same as when they threaten to off shore the jobs. The balance of power over the last 50 years has swung wildly to the bosses and managers when for decades before it was in the hands of labor. Thats when america was 'great'
The biggest myth ever told is that paying workers more would have a catastrophic effect on a companies bottom line. Amazon gave their lowest tier workers a raise from $14 to $19.50 and it didnt affect their bottom line at all, in fact their share prices have gone up since then.
McDonald's paying $15 an hour and still making an ungodly amount of cash.
You'll never convince me that Apple, a company that pays Chinese kids pennies on the dollar to manufacture $1500 phones and rakes in billions a year in profits, cant afford to pay a living wage. I dont care if people feel like service work isnt dignified enough to deserve decent pay.
30 an hr is no where near an appropriate wage for a retail worker.
No it won't. It's an empty threat they use so the bosses don't have to take pay cuts to pay their employees.
If the cost is too high, people won't buy and they know it. Its the same as when they threaten to off shore the jobs. The balance of power over the last 50 years has swung wildly to the bosses and managers when for decades before it was in the hands of labor. Thats when america was 'great'
That’s what they want you to believedo you understand money is a construct
if they get more money only thing that will happen is apple will raise prices
the people in control of the assets and business will always be on top
all it does is make more people poor and the rich richer
Think about it. If the cost goes up and nobody buys, will they let the company go bankrupt?It will you can say the extra cost won't hurt you.
but the cost is going to get passed to the consumer
the formation of a amazon union has put the battery in the back of a lot of labor.
can you explainThat’s what they want you to believe
Target announced Monday that it is raising its starting wage for workers in some positions to up to $24.
The Minneapolis-based retailer said the increase will apply to hourly workers at its discount stores, supply chain facilities and headquarters.
Target in 2020 set its minimum wage at $15. That will remain in place, but Target said some workers will qualify for higher starting pay based on the nature of their job and the prevailing competitive wages in their local market.
Target, which employs more than 350,000 workers and has over 1,900 US stores, said the hike in some starting wages is part of its plan to spend an additional $300 million on its workforce. That investment also includes expanding access to healthcare benefits for hourly workers, beginning in April.
Under the plan, Target's hourly employees who work a minimum average of 25 hours a week will be eligible to enroll in a company medical plan. That's down from the previous requirement of 30 hours per week.
The retailer is also shortening the waiting period for eligible hourly team members to enroll in a Target medical plan. Depending on their position, employees will be able to get comprehensive health care benefits three to nine months sooner. Employees will also get faster access to 401(k) plans.
The changes come as more retailers and restaurant chains have moved to a $15 an hour minimum rate.
Amazon raised its starting wage to $15 in 2018, while Best Buy bumped up its minimum to $15 in 2020. Walmart, the largest US retailer, said in September that its workers who handle the front end of the store, food and general merchandise units will get at least a dollar an hour increase to $12. The pay raise would cover 565,000 Walmart workers.
Target's move comes amid an ongoing worker shortage in the retail industry, partly triggered by the pandemic, as companies across the board struggle to retain and hire more workers.
"Alongside the health risks, uncertainty and stress of working during a pandemic, many service-sector workers continue to contend with chronically unpredictable and unstable work schedules," according to a recent report from the Shift Project, a joint venture by Harvard University and the University of California, San Francisco.
You guys don't get that the cost gets passed on to the consumer?
You guys don't get if you have a low-level job you are always going to be at the bottom of the economic ladder.