$15/hr minimum wage

[LightRoasted]

For your consideration ...

Please explain to the masses your extensive business experience and how businesses going away makes the world a better place and how the average person survives comrade!

Huuh? "businesses going away"? Never said that.

No! The balance is determined by supply and demand. Period. By definition the price of labor will never be higher than the value of the production which can be obtained by the employee. The minute government sets price floors on labor, the equation no longer works.

When did I ever say anything about government setting price floors. You interject notions that I never made.

LMAO...so you got nuthin'... I expected as much.

Fine. Let's look locally. Take any independent auto repair shop, or dealer auto repair shop. Many shops nowadays charge $155 or more for each hour of labor. And what does the mechanic get that does the actual repair or service work? Maybe $35-$55hr. And none of the parts markup. Many of these repair shops take advantage of their mechanics, especially when most mechanics have to provide for their own tools paid for by the mechanics themselves.

 

[Kyle]

Aren't you just the clueless little elitist?

Think about who works at McDonald's for minimum wage. Now tell me how those people are going to design, build, sell, and maintain the automation equipment.

You Marxists have no idea that there's a world outside your little bubble.

 

[HemiHauler]

For your consideration ...



When did I ever say anything about government setting price floors. You interject notions that I never made.

It wasn't intended to be attributed to you. I was addressing your comment:

For your consideration ...



Yes. But you as a business owner know to what I am referring. There is a quantitative balance that should occur with employees relative to overall business revenue.

and it's a relevant point to make. I don't take you for being in favor of government labor price floors.

But nor do I believe that "There is a quantitative balance that should occur with employees relative to overall business revenue."

 

[Gilligan]

Fine. Let's look locally. Take any independent auto repair shop, or dealer auto repair shop. Many shops nowadays charge $155 or more for each hour of labor. And what does the mechanic get that does the actual repair or service work? Maybe $35-$55hr. And none of the parts markup. Many of these repair shops take advantage of their mechanics, especially when most mechanics have to provide for their own tools paid for by the mechanics themselves.

You just demonstrated conclusively that you have less than a clue about any real business, not having the slightest understanding of what "overhead" is, or how "billable hours" compare to actual workweek hours, etc etc...

 

[LightRoasted]

For your consideration ...

You just demonstrated conclusively that you have less than a clue about any real business, not having the slightest understanding of what "overhead" is, or how "billable hours" compare to actual workweek hours, etc etc...

Really? How so? Let's see now.... back in the day shops would use Chiltons for labor hours to charge, nowadays same thing applies under different name. If "the book" says it'll take 8 hours for X procedure and the mechanic does it in 5 actual, the 8 billable is still charged to the customer with the mechanic being paid for 5. I understand overhead perfectly. Those pesky expense line items that every business has, and how much a business has to see in revenue to be profitable. I'm not an idiot. Nor do you know me. You are skirting the subject. You understand very well what I am referring. That there is no fairness in employee/employer relationships anymore, writ large. That the majority of employers will pay as little as they are able to get away with. Of course there are exceptions, though rare.

 

[Clem72]

For your consideration ...



Really? How so? Let's see now.... back in the day shops would use Chiltons for labor hours to charge, nowadays same thing applies under different name. If "the book" says it'll take 8 hours for X procedure and the mechanic does it in 5 actual, the 8 billable is still charged to the customer with the mechanic being paid for 5. I understand overhead perfectly. Those pesky expense line items that every business has, and how much a business has to see in revenue to be profitable. I'm not an idiot. Nor do you know me. You are skirting the subject. You understand very well what I am referring. That there is no fairness in employee/employer relationships anymore, writ large. That the majority of employers will pay as little as they are able to get away with. Of course there are exceptions, though rare.

While I have been a business owner, never this type of business. That said, I had a friend that owned a tire place that also did limited auto body and auto repair. They charged book hours and paid their mechanic those same book hours, as you say regardless of how many hours it actually took to do the work. Actually, if I remember correctly, the mechanics didn't technically work for the guy they rented the bay and the shop was just taking their cut as a pass-through.

 

[Monello]

Perhaps now McDonald’s won’t be able to screw up a 3 item order.

But still won't have a properly functioning milk shake machine.

 

[Monello]

I wann be one of those so badly.

Check on craigslist. They might be offering a few of those slots in their help wanted section.

 

[Monello]

No! The balance is determined by supply and demand. Period. By definition the price of labor will never be higher than the value of the production which can be obtained by the employee.

The minute government sets price floors on labor, the equation no longer works.

Also remember that a person getting paid $20 an hour will have a difficult time purchasing a product where the assembler employee is paid > $20 an hour.

 

[HemiHauler]

Also remember that a person getting paid $20 an hour will have a difficult time purchasing a product where the assembler employee is paid > $20 an hour.

OK.

 

[BOP]

Perhaps now McDonald’s won’t be able to screw up a 3 item order.

No more going for breakfast, staying for lunch.

 

[BOP]

The jobs don’t go away - people are needed to design, build, sell, and maintain the automation equipment.

If you get busy, you, too, can go from the fry-o-later to the drafting program.

 

[GURPS]

That the majority of employers will pay as little as they are able to get away with.

Why would a business offer more that the going Rate ?

the entity is a business for masking money, not a charity ... you are talking like these mythical repair shops have huge margins

while on the other hand the likes of Twitter was wasting millions on useless employees and wine bars

 

[phreddyp]

For your consideration ...



Huuh? "businesses going away"? Never said that.




When did I ever say anything about government setting price floors. You interject notions that I never made.



Fine. Let's look locally. Take any independent auto repair shop, or dealer auto repair shop. Many shops nowadays charge $155 or more for each hour of labor. And what does the mechanic get that does the actual repair or service work? Maybe $35-$55hr. And none of the parts markup. Many of these repair shops take advantage of their mechanics, especially when most mechanics have to provide for their own tools paid for by the mechanics themselves.

Just answer the question, and quite dancing around!

 

[phreddyp]

For your consideration ...



Really? How so? Let's see now.... back in the day shops would use Chiltons for labor hours to charge, nowadays same thing applies under different name. If "the book" says it'll take 8 hours for X procedure and the mechanic does it in 5 actual, the 8 billable is still charged to the customer with the mechanic being paid for 5. I understand overhead perfectly. Those pesky expense line items that every business has, and how much a business has to see in revenue to be profitable. I'm not an idiot. Nor do you know me. You are skirting the subject. You understand very well what I am referring. That there is no fairness in employee/employer relationships anymore, writ large. That the majority of employers will pay as little as they are able to get away with. Of course there are exceptions, though rare.

You have not a clue!

 

[HemiHauler]

For your consideration ...



Really? How so? Let's see now.... back in the day shops would use Chiltons for labor hours to charge, nowadays same thing applies under different name. If "the book" says it'll take 8 hours for X procedure and the mechanic does it in 5 actual, the 8 billable is still charged to the customer with the mechanic being paid for 5. I understand overhead perfectly. Those pesky expense line items that every business has, and how much a business has to see in revenue to be profitable. I'm not an idiot. Nor do you know me. You are skirting the subject. You understand very well what I am referring. That there is no fairness in employee/employer relationships anymore, writ large. That the majority of employers will pay as little as they are able to get away with. Of course there are exceptions, though rare.

I see the point you're going for here, but I think this may be a bit of a distorted market due the proprietary nature of auto repair stuff. See the "right to repair laws" regarding all this. Hell, my current car doesn't even have the torque setting for the lug nuts in the owner's manual! Certainly you can make a guess or get the info online, but the auto manufacturers want you to buy the shop manual to get that data.

 

[LightRoasted]

For your consideration ...

You have not a clue!

It was Colonel Mustard in the Library with a Candlestick.

Why would a business offer more that the going Rate? The entity is a business for masking money, not a charity ... you are talking like these mythical repair shops have huge margins. While on the other hand the likes of Twitter was wasting millions on useless employees and wine bars.

Why not? Being compensated properly instills a sense of worth in the individual, usually encourages the best and most qualified to apply. Who or what determines the going rate anyways? Aside from minimum paying work? In the case of mechanics, at least one could ascertain the experience level, work ethic, and ability to perform the work in a correct and timely manner with in which to calculate a wage commensurate with that knowledge and skill based off the total billable income provided to the shop. Anyways, it has always been most employers will take advantage of employees for their own enrichment.

Unfortunately, with the way the economy is manipulated, it is near impossible for an employee to demand a higher wage. It is more or less a take it or leave it attitude with employers, until it starts to affect productivity. Only then will employers incrementally increase wages offered.

 

[HemiHauler]

For your consideration ...



It was Colonel Mustard in the Library with a Candlestick.



Why not? Being compensated properly instills a sense of worth in the individual, usually encourages the best and most qualified to apply. Who or what determines the going rate anyways? Aside from minimum paying work? In the case of mechanics, at least one could ascertain the experience level, work ethic, and ability to perform the work in a correct and timely manner with in which to calculate a wage commensurate with that knowledge and skill based off the total billable income provided to the shop. Anyways, it has always been most employers will take advantage of employees for their own enrichment.

Unfortunately, with the way the economy is manipulated, it is near impossible for an employee to demand a higher wage. It is more or less a take it or leave it attitude with employers, until it starts to affect productivity. Only then will employers incrementally increase wages offered.

How does one determine what "proper compensation" is?

Isn't that as nebulous a term as "paying our fair share"?

Employees can demand whatever they want. They will only get it to the extent that their productivity is commensurate with their labor cost. Running a business isn't a charity.

 

[PeoplesElbow]

I see the point you're going for here, but I think this may be a bit of a distorted market due the proprietary nature of auto repair stuff. See the "right to repair laws" regarding all this. Hell, my current car doesn't even have the torque setting for the lug nuts in the owner's manual! Certainly you can make a guess or get the info online, but the auto manufacturers want you to buy the shop manual to get that data.

No garage uses any torque values any way, three uggaduggas.

 

[PeoplesElbow]

I grew up in the 80s and think about the things that we didnt spend money on that today's families do and wonder if purchasing value has really deteriorated or not. We had very basic cable, calling long distance was something you just didnt do, there were no subscription services, no $1000 cell phones with $100/month data plans etc. Poor kids now have far more than I ever had.