you are viewing a single comment's thread
view the rest of the comments
[–] 31 points 7 months ago (3 children)

Stoping a union is a one off cost.

Increasing wages adds to costs for every future year.

  • source
  • hideshow 3 child comments
  • [–] 0 points 7 months ago (2 children)

    If you spend hundreds of thousands once, you could instead spend a dollar each on 100 employees for ~80 years. They don't work that long usually, but just in case

  • source
  • parent
  • hideshow 2 child comments
  • [–] 6 points 7 months ago* (1 child)

    Your math is right but scales are off.

    Dollar raise a year? Yeah, $1 * 100 * 80 = $8000, and to a lot of businesses that's peanuts. It's also peanuts to the individual employees, if you work full time federal minimum wage you make $15600, an extra dollar wont make a difference there.

    Increase hourly wage by a dollar, to the employee that's an extra 1 * 40 * 52 = $2080, and to the business that becomes $1 * 40 * 52 * 100, that's $208,000 annually they're paying out.

    That's what they aim to stop

  • source
  • parent
  • hideshow 1 child comment
  • [–] 1 point 7 months ago

    True, although I was at a dollar raise a month. The framing in the story was purposefully "I just ask for sth. very small" so that's how I read it. Dollar raise per hour is much more meaningful, but quite a significant increase

  • source
  • parent