(11-04-2020, 12:28 PM)p_rushing Wrote:

(11-04-2020, 12:26 PM)EricC85 Wrote: Here’s a scenario to put it in perspective. I pay entry level live guys $13 an hour starting out. It’s a physically demanding job long hours and lots of grunt work. Paying them $5 over minimum wage is fair it’s a start in a very good trade, if they stick with it they can grow to make a good living but I absolutely can’t pay them $15 and keep my labor cost the same. Now my mid level guys with experience already making $15-$17 an hour are going to be at near the same pay as fast food workers. If I can’t get corporate to give them significant increases they’re going to leave and I’ll have to hire their replacements at near $20 an hour. That kind of increase in labor cost is naturally going to influence what I have to charge for labor. How much probably looking at another $50-$75 an hour to keep the same profit margins(which are extremely low in our line of work already) a 1.5 million dollar shop will only be profitable by about 100k at the end of year.

That’s just the effects on your car repair multiply that to every aspect of your life.

Yep my pay now needs to increase. I'm no where near minimum wage, but you just raised the bottom so I need the same % increase.

That’s the crap part the law doesn’t require your pay to increase by the same amount over the minimum wage you make now. So your employer only has to make sure you make at least the minimum wage. Very likely you’ll be making minimum wage in 2026 when today you where making more than that with a lower cost of living. Workers making $10-$20 an hour today are the ones hurt the most by this new law.

Another way to look at the cost of this is in percentages. I’m salary I have a four year degree I’ve worked in my industry for 15 years and currently I’m a salary manager. That hard work and knowledge has afforded me a fair salary with my employer. But we just raised the cost of labor 44% over the next 5 years. I currently make a salary 75% above the minimum wage after this new wage goes into effect and the cost of living goes up in only going to make 66% over the minimum wage. Why do I take an 11% decrease in my pay above the wage floor after all the time and effort I’ve put into bettering my work? To hold the same percentage I will have to earn another 30k a year to stay 75% above the labor floor.

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