Most folks think their hourly wage is the employer’s cost. By the time you add it all up, a $15 cashier actually costs $25-$30. For almost any employer, wages are the number one expense. If they started paying that again, you bet we’d pay more.
Have you been in the American minimum wage job market in the last 10 years or so? Every job that pays minimum wage doesn’t give enough hours for the employee to be full-time, which means they don’t get benefits, retirement contributions, etc. In these cases, outside of the onboarding costs, a $15 an hour employee does in fact cost $15 an hour.
Most folks think their hourly wage is the employer’s cost. By the time you add it all up, a $15 cashier actually costs $25-$30. For almost any employer, wages are the number one expense. If they started paying that again, you bet we’d pay more.
Have you been in the American minimum wage job market in the last 10 years or so? Every job that pays minimum wage doesn’t give enough hours for the employee to be full-time, which means they don’t get benefits, retirement contributions, etc. In these cases, outside of the onboarding costs, a $15 an hour employee does in fact cost $15 an hour.