Let me share this somewhat story of fiction. (Note: figures used are only for examples only)
You get your first job just out during you senior year of high school! You start with minimum wage of $5.00!
After 4 months of probation, including not missing more than 3 days of work - you are given a 25 cent pay raise. After 2 more months of good work - another 25 cent raise - so now you are at $5.50. At the 9 month mark - you now make $6.00. After one year - you are promoted to Asst Shift manager - which raises your pay to $6.75. Now, three months later - on 1 Jan, the new law requires a minimum wage of $7.00 an hour.
Wait, the $7 you are making after a full year of hard work - is what that new kid will make on his first day on the job! Is that Fair? Or will the boss NOT hire that new kid- because of the other 6 people hired in the past 9 months who were making about $5.50 or so - are now all making $7 an hour. So the Boss cannot afford to hire anyone new - at least for now. Which means that all current employess must do more work - to make up for that individual that the boss did not hire.
And BTW - you do realize that for every dollar of pay raise you get - will cost the boss about $1.25!
So lets have a good discussion about the minimum wage.
You get your first job just out during you senior year of high school! You start with minimum wage of $5.00!
After 4 months of probation, including not missing more than 3 days of work - you are given a 25 cent pay raise. After 2 more months of good work - another 25 cent raise - so now you are at $5.50. At the 9 month mark - you now make $6.00. After one year - you are promoted to Asst Shift manager - which raises your pay to $6.75. Now, three months later - on 1 Jan, the new law requires a minimum wage of $7.00 an hour.
Wait, the $7 you are making after a full year of hard work - is what that new kid will make on his first day on the job! Is that Fair? Or will the boss NOT hire that new kid- because of the other 6 people hired in the past 9 months who were making about $5.50 or so - are now all making $7 an hour. So the Boss cannot afford to hire anyone new - at least for now. Which means that all current employess must do more work - to make up for that individual that the boss did not hire.
And BTW - you do realize that for every dollar of pay raise you get - will cost the boss about $1.25!
So lets have a good discussion about the minimum wage.