Business & Finance Move over $15 per hour...

[History Learner]

Correction, we have had minimum wage since the 30's to ensure a price floor for workers wages and that isn't what your proposing or advocating for.

We've also had the 40 hour work week since the Fair Labor Standards Act of 1937, as I said:

The eight-hour day might have been realized for many working people in the US in 1937, when what became the Fair Labor Standards Act (29 U.S. Code Chapter 8) was first proposed under the New Deal. As enacted, the act applied to industries whose combined employment represented about twenty percent of the US labor force. In those industries, it set the maximum workweek at 40 hours,[38] but provided that employees working beyond 40 hours a week would receive additional overtime bonus salaries.[39]​

The FLSA is also the same piece of legislation that established the Minimum Wage; one could say they are thus rather connected, no?

Your demanding the work week be separated into four days adding up to thirty six hours and when we pointed out a lot of people would be losing hourage due to that you upped the ante and implied you think it could be fixed by mandating all employers across the board raise wages (which isnt a price floor) in effect giving the government more regulation powers to fix the problems with the previous regulation that you are advocating for.

The minimum wage is a price floor but raising the minimum wage to ensure workers don't make below a certain level isn't a floor? You do see how that's contradictory, yes?

Why not just have employs be mandated four ten hour days and call it a day rather than that paradox?

Why not establish a four day, 32 hour work week instead, recognizing the same economic reality that Henry Ford did:

On 5 January 1914 the Ford Motor Company took the radical step of doubling pay to $5 a day (adjusted for inflation: $129.55 as of 2020) and cut shifts from nine hours to eight, moves that were not popular with rival companies, although seeing the increase in Ford's productivity, and a significant increase in profit margin (from $30 million to $60 million in two years), most soon followed suit.[34][35][36]​

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Employees who are not as over-worked tend to be more productive and less accident prone, as well as reporting higher job satisfaction-thus, more loyal employees.

 

[Typhonis]

Thing is they don't like loyal employees. Because employees who do not change jobs every two years get shit upon as far as wages go. We used to have living wages and such but corporate greed, such as it is, doesn't see it that way.

During one companies Bankruptcy, the CFO was paid $1000 an HOUR for his services. The employees? Got no severance packages.

 

[gral]

Thing is they don't like loyal employees.

This is an important thing to note; staying in one place for a long time has been seen as(and amply propagandized as) a sign of a lack of ambition. Current companies want people to jump between jobs every 2-3 years(a big part of the reason is they want to poach trained people from other companies and not have to invest on their workforce).

 

[KilroywasNOTHere]

This is an important thing to note; staying in one place for a long time has been seen as(and amply propagandized as) a sign of a lack of ambition. Current companies want people to jump between jobs every 2-3 years(a big part of the reason is they want to poach trained people from other companies and not have to invest on their workforce).

I've noticed in my own job searching, for all the talk about labor shortages, companies seem to want someone with the highest degrees and years of experience and pay them starter level wages.

one job opening I saw wanted someone with 2-3 years of experience and a bachelor's degree the pay was $13.00/hour. I've seen call centers and fast food places pay that much. call me a liberal, but this is what I think of when I think wage slave.

 

[LordsFire]

I've noticed in my own job searching, for all the talk about labor shortages, companies seem to want someone with the highest degrees and years of experience and pay them starter level wages.

one job opening I saw wanted someone with 2-3 years of experience and a bachelor's degree the pay was $13.00/hour. I've seen call centers and fast food places pay that much. call me a liberal, but this is what I think of when I think wage slave.

This is the product of the mania for college. When it's no longer a few hundred thousand or a couple, even ten million people in your nation that have college degrees, but 94 million Americans that have a college degree?

Bro, that's a nice Bachelors you have. There's ten other people lining up for the same job, so we can take our pick.

 

[KilroywasNOTHere]

This is the product of the mania for college. When it's no longer a few hundred thousand or a couple, even ten million people in your nation that have college degrees, but 94 million Americans that have a college degree?

Bro, that's a nice Bachelors you have. There's ten other people lining up for the same job, so we can take our pick.

so they've basically guaranteed nobody gets to job. bachelor degrees are worthless but companies won't take anything less while paying people wages that can't support them. Are we sure this isn't an attempt at population control via starvation?

 

[Typhonis]

No because their is one place that you can get a good education and the field needs more workers. Trade schools are still a thing and Joe Megabucks is not going to mess with his own plumbing if he can help it.

 

[bintananth]

Why not just have employs be mandated four ten hour days and call it a day rather than that paradox?

4x8+1x4 per week would probably be more productive than either 4x10, 4x9, or 5x8.

A place used to work for did 4x9 with 8hrs every other Friday (OT for the few hourly staff was everything over 80 in a pay period).

Told my boss about that and he went "Let's try 4x9 with 4hr Fridays because nothing gets done on a Friday afternoon without a Friday deadline."

Boss loves it (less overtime pay out of his pocket). Everyone else loves it because we don't have to use a half-day of vacaton or skip lunch/stay late for something personal which can only be done during regular weekday business hours.

 

[Chiron]

Why not just have employs be mandated four ten hour days and call it a day rather than that paradox?

I'm down with that. If they want you a fifth day, that is 10 hours overtime earned.

 

[History Learner]

IIRC, there's been a lot of research done on the 4 day a week model, of 32-36 hours, and found it resulted in far more productive workers. Definitely something I need to add to my research list.