On 1/31/2014 10:39 AM, -MIKE- wrote:
On 1/31/14, 8:38 AM, Scott Lurndal wrote:
Costco is also proof that raising the minimum wage doesn't hurt
business (probably improves it, in fact).

scott


Not to get into a political debate, but, well.... here I go.....

I would argue the opposite. Costco is actually proof that the free
market works.
Costco pays higher than average wages for those positions and that's why
you never know which employee at Costco is the manager. They all act
like they are manager. They are all proactive, hard working, take
charge people who take pride in their work and put customer service at
the top of the priority list.

Costco gets these kind of employees by paying higher than average wage.
Everyone wants those jobs, so Costco gets to skim the cream of the crop
and send the rest to WalMart.

If Costco paid minimum wage, shopping there would be like shopping at
WalMart. A lot of lazy people with poor communication skills and bad
personalities, doing the bare minimum to get by, who act like you're
ruining their day for shopping there. The store would be dirty, the
shelves would be disorganized, it would take 10x as long to get through
their checkout lines, etc, etc.

No one would pay a $50 membership fee to shop at "Bulk-WalMart" and
Costco would've been out of business a long time ago.



I have to agree with that. It's because they pay more that people know
that they have a better job and work harder.. And they work harder to
get there.

Leveling everyone to that same money would be slighting the Costco
employees who are doing a better job for that money.

Just because everyone would make more, does not make them better off.
Prices would go up, and those that were making more, now need more to
re-enforce that they are worth more.

If everyone's pay went down by 1/2 then things would cost less.. right?
That's how come it's cheaper made in China and India right now.

So raising it, has the reverse effect.

NJ is an F'd up state approving cost of living increases for min wage.
This will severly hurt the state, as business can not budget correctly.



--
Jeff