191–200 of 1001 posts
In this scenario, 15$/H would just be their current price point for the following tier of bottom of the chain not-yet-automated tasks.
Earlier quoted context omitted.
I think turning your employees into welfare-dependent wage-slaves is far worse than unprofessional or bullying, but I guess that's just me and most decent people. CEOs of large public companies have to take public heat, by name, quite often. It's a huge part of their job; otherwise they'd be COOs.
> turning your employees into welfare-dependent wage-slaves I wasn't aware staying with a particular employer was compulsory.
Congrats to Senator Sanders for forcing Amazon’s hand (and forcing Amazon itself to advocate for a $15 minimum wage increase). This is how you deliver positive policy change.
With almost a million employees the decisions by Amazon are impacting a large part of the (150 million) US workforce. The dysfunction in our government is rising at a time that corporations are growing bigger than ever. The obvious result is that companies like Amazon will have an outsized effect on the major issues for our society, like minimum wage and healthcare.
Earlier quoted context omitted.
That leads to a society that, it appears, many people don't want to live in. Many people don't want to live in a USA where people can work full-time and yet still have miserable lives bereft of hope. Some people do want to live in that USA; we see every day the battles as these differing visions of the USA compete.
What do you think would happen if there were open borders? Would the US see net inflow or outflow of populace?
Because I don't want to starve.
The reason that, back in the progressive era, all the eugenicists were on board with the idea of the minimum wage was that they thought that at a high enough wage "undesirables" wouldn't be able to a job and so couldn't compete away jobs from "desirable" workers. Thankfully these days we have a social safety net that generally prevents people from starving whether they could get a job or not but making people starve…
Earlier quoted context omitted.
I think turning your employees into welfare-dependent wage-slaves is far worse than unprofessional or bullying, but I guess that's just me and most decent people. CEOs of large public companies have to take public heat, by name, quite often. It's a huge part of their job; otherwise they'd be COOs.
> turning your employees into welfare-dependent wage-slaves I wasn't aware staying with a particular employer was compulsory.
Working for low wages is better than no wages, but I don't believe dollars that I pay in taxes should go towards compensating underpaid Amazon employees (or Walmart, or whatever). The multi-billionaires should be the ones paying the people who work for them, not me.
And, this might astound you, but sometimes the choice is between several employers paying low wages. And regardless, the work still needs to get done; so someone has to have that job. That person should be paid appropriately.
Edit: error while editing
- Cuts down on bad PR - Makes employees happy (while they dont get RSUs) - Make the employees genuinely skilled in operating semi-automation equipment - Make competitors bleed, because either they pay $15 per hour or face the PR wrath, while trying to catch up with AMZN in terms of automation.
If you think for a moment that AMZN started replacing 90% of employees with automation, they can still afford to give $30 per hour, and get good PR, while making the competitors look bad for paying $20 per hour.
I hope this doesn't lead to a minimum wage law that requires AMZN competitors to pay $15 per hour. It'll only mean death to those competitors.
$15/hour is still not much in the international market where Amazon sells its goods. In large parts of Europe it's less than what a warehouse worker makes. It's still barely enough for an adult to be able to pay his/her half of family expenses in the US. A lot of employees will still need a second job. And it only comes now, 20 years after the company's founding, after it has huge profits (and can deduct expenses lik…
Spot. On.
They outcompeted every small retail store and online warehouse by undercutting costs, partly by paying unliveable wages that have to be subsidized by the taxpayer in the form of foodstamps.
Earlier quoted context omitted.
That leads to a society that, it appears, many people don't want to live in. Many people don't want to live in a USA where people can work full-time and yet still have miserable lives bereft of hope. Some people do want to live in that USA; we see every day the battles as these differing visions of the USA compete.
What do you think would happen if there were open borders? Would the US see net inflow or outflow of populace?
$15/hour is still not much in the international market where Amazon sells its goods. In large parts of Europe it's less than what a warehouse worker makes. It's still barely enough for an adult to be able to pay his/her half of family expenses in the US. A lot of employees will still need a second job. And it only comes now, 20 years after the company's founding, after it has huge profits (and can deduct expenses lik…