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minimum wage

Minimum Wage: the Value of an Hour

Two angry men and a dollar
How much is an hour worth? For me that question has an easy answer though not a simple one. The answer is, whatever someone will pay. The complex part comes when we try to figure out all the variables that go into creating that value. But in the end it really does boil down to whatever someone will pay. In a sense it also is partly answered "whatever someone will take" I suppose but even that real...
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$15 an hour – are you really worth it?

Burgers!
"Ironically, the futuristic short-order cook has been developed to replace workers in one of the most progressive states in America. Several California cities have already raised the minimum wage as the state plans to push the rate to $15 by 2022." “This wage is not sustainable for a lot of companies… in that $5 increase, you’re talking about $12,000 increase per employee… where does that money...
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What Happens When a Business Doesn’t Pay Minimum Wage?

We can't survive on low wages
I must admit I have never really thought about the question "What happens when a business doesn't pay the minimum wage?" I guess I just always assumed that if they couldn't pay they went out of business. The below video made me realize there is another option, ignoring the law. Of course there are consequences for that. What if the employee is just fine with that and makes a deal with the shop...
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