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Company Near Seattle Introduces $70K Minimum Wage - Printable Version

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Re: Company Near Seattle Introduces $70K Minimum Wage - RgrF - 04-15-2015

Carnos Jax wrote:
All of this brings up many good points. In one sense, if everybody works just as hard, then why shouldn't everyone earn more or less the same. Of course, that brings up issues like "then why go to school to study a harder degree?" In turn, that may force people to study what they like instead of what makes them the most money. It's hard to say which is correct. But to purely base every decision on money may be (or may not be) the wrong way we were conditioned into thinking living in a 'capitalistic' economy.

I thought it was pretty clear from the article that this was a minimum not maximum wage. Reducing his own wage to the minimum does nothing to prevent him or other employees from achieving greater earnings.

It's a floor, not a ceiling.


Re: Company Near Seattle Introduces $70K Minimum Wage - silvarios - 04-15-2015

RgrF wrote:
[quote=Carnos Jax]
All of this brings up many good points. In one sense, if everybody works just as hard, then why shouldn't everyone earn more or less the same. Of course, that brings up issues like "then why go to school to study a harder degree?" In turn, that may force people to study what they like instead of what makes them the most money. It's hard to say which is correct. But to purely base every decision on money may be (or may not be) the wrong way we were conditioned into thinking living in a 'capitalistic' economy.

I thought it was pretty clear from the article that this was a minimum not maximum wage. Reducing his own wage to the minimum does nothing to prevent him or other employees from achieving greater earnings.

It's a floor, not a ceiling.
Exactly.


Re: Company Near Seattle Introduces $70K Minimum Wage - Racer X - 04-15-2015

Carnos Jax wrote:
All of this brings up many good points. In one sense, if everybody works just as hard, then why shouldn't everyone earn more or less the same. Of course, that brings up issues like "then why go to school to study a harder degree?" In turn, that may force people to study what they like instead of what makes them the most money. It's hard to say which is correct. But to purely base every decision on money may be (or may not be) the wrong way we were conditioned into thinking living in a 'capitalistic' economy.

Very true. Unfortunately, the jobs that have the most value and impact for society aren't usually valued very much in a capitalist society. Like educators.


Re: Company Near Seattle Introduces $70K Minimum Wage - silvarios - 04-15-2015

Racer X wrote:
Very true. Unfortunately, the jobs that have the most value and impact for society aren't usually valued very much in a capitalist society. Like educators.

Maybe we could pay less for computers, tablets, overpriced text books, graphing calculators, and put more money into wages? There's a lot that can be taught by a good teacher and a dry erase or chalk board. Crazy, I know.

Edit: Not saying we don't need any tools for education, but as the iPad contract fiasco in LA can show, there's a lot of graft at play.


Re: Company Near Seattle Introduces $70K Minimum Wage - Racer X - 04-15-2015

Confusedmiley-score010:


Re: Company Near Seattle Introduces $70K Minimum Wage - mikebw - 04-15-2015

silvarios wrote:
[quote=Carnos Jax]
All of this brings up many good points. In one sense, if everybody works just as hard, then why shouldn't everyone earn more or less the same. Of course, that brings up issues like "then why go to school to study a harder degree?" In turn, that may force people to study what they like instead of what makes them the most money.

Interesting. Don't see a downside.
Reminds me of a quote from Office Space:
office space wrote: "there would be no janitors, because no one would clean s... up if they had a million dollars.

Yes it would be great if we could all just pursue our own interests with confidence that we would be financially stable, but the potential downsides are not having anyone wanting to do the "dirty work".


Re: Company Near Seattle Introduces $70K Minimum Wage - Rick-o - 04-15-2015

You've GOT to have poor people in order for the rich to feel...well, rich.

I think what this guy did was awesome! Instead of that cash heading to a swiss bank account, or maybe that shady bank in the Cayman islands, most of it would be spent locally helping their neighbors send their kids to college, pay off those pesky CC debts, fix up their homes, etcetera.

Spread that wealth around! Confusedmiley-excited001:


Re: Company Near Seattle Introduces $70K Minimum Wage - Lemon Drop - 04-15-2015

Rick-o wrote:
You've GOT to have poor people in order for the rich to feel...well, rich.

I think what this guy did was awesome! Instead of that cash heading to a swiss bank account, or maybe that shady bank in the Cayman islands, most of it would be spent locally helping their neighbors send their kids to college, pay off those pesky CC debts, fix up their homes, etcetera.

Spread that wealth around! Confusedmiley-excited001:

:ftw:

I'm sure that Dan Price's millions are safely invested somewhere and he can live comfortably forever- good on him for spreading some wealth around where it will have an immediate and local multiplier effect.


Re: Company Near Seattle Introduces $70K Minimum Wage - Lemon Drop - 04-15-2015

Racer X wrote:
[quote=Lemon Drop]
[quote=Racer X]
That is EXACTLY why the $15 minimum wage is going to SCREW UP some things like early childhood education. Lead teachers with degrees and decades of experience will be making just a few bucks more than some kid with a still drying high school diploma.
:

Not sure why you think that. In Seattle the starting pay for new teachers with BAs now is around $24/hour. That's 60% more than $15/hour, which is what minimum wage will be eventually. And by then the teachers will make more...
You misunderstood. ECE is preschool or earlier. If you haven't reached and motivated the kid by @3rd grade, that kid will be far worse off, and harder to reach each year they get older.

The crappy thing is that for 1/10th of what it costs to house an inmate for a year, you could spend an extra grand a year per kid, and prevent them from being an inmate at all. Countless studies have been done for decades.

But they pay ECE educators crap, as well as most educators to a lesser degree. Those that do it well, are doing it out of passion. Sure isn't any money in it. Almost no incentive to do a thankless job other than the smiling kids every day.

Happy to share more, but it will have to be through PMs.
Daycare and preschool workers (plus home health care workers and other types of service providers) can only benefit from increases to the minimum wage base, because many of them are paid at or near that base. Daycare workers do not need advanced degrees or decades of experience. They need training, certification, licensing and careful oversight by local agencies.
Seattle has passed universal preschool into law after voters approved overwhelmingly. Hopefully many cities will follow. I agree with you completely on the need for this.
http://www.seattle.gov/council/issues/PreschoolforAll/default.html


Re: Company Near Seattle Introduces $70K Minimum Wage - OWC Jamie - 04-15-2015

M A V I C wrote:
Since when is Ballard "near Seattle"?

They'll probably try to convince you that West Seattle is near Seattle too.

I can see how that might confuse some people though.