Thread: Minumum wage
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Old 06-24-2006, 07:57 AM   #46 (permalink)
pan6467
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Location: Mansfield, Ohio USA
You know what truly is pathetic?

I keep hearing CEO's and upper management put in all the time and resources and blah blah blah.... it's bullshit. What about the laborers who put in time, effort and their resources.

It has always been my belief that a company needs to pay employees a fair wage.

The reality, CEO's and upper management make far far more of a percentage and get bigger raises than the workers. It's BS.

Without the workers the company won't produce and even if they do outsource overseas eventually they will have no clientele to sell to. There are far more hourly wage earners who buy the goods than there are the CEO's.

When I ran my pizza company, I paid my workers $7.50 an hour, plus tips and mileage and that was to start. I had one employee making $11 an hour and one making $10.35 and I made a very nice living. The secret was, when I paid my employees more, they were more loyal, they worked harder, their friends and family were more loyal customers, my product was better than any of my competition and I went from $1,500 a week to the store making $10,000 a week within 3 months. (I made roughly 20% in my pocket profit within those 3 months, at first my employees made more than I did, but because of the respect, pay and a workplace that promoted fun, my sales skyrocketed and I reaped the benefits.... and yes, I spread the wealth around, paying for parties, dinners, golf outings and so on.)

Because I paid my employees more, I eventually made more. NEVER ONCE DID I HAVE TO RAISE MY PRICES.

But, also, for me the thrill was gone when I felt the challenge was gone and I gambled it away. (But that had nothing to do with what my employees made.)

Everywhere I have worked in management, I have always asked for 3 things, the ability to give raises, the ability to hire my own workers and a trust in me. And because of that every place I ever managed the workers were well paid, enjoyed their job and I made the store profitable. Every store I worked at in the Convienence or Pizza industry made more profit with higher payrolls than they did before me.

It's BS to say raising wages raises costs, if you have the right product and it is made well it will sell in volume and make up for the rise in cost. By having your employees well paid, loyal and happy, you will right there have a better product because labor is better.

Unfortunately, businesses treat the hourly employee like cattle and pay bare minimum, therefore turnover is high, people don't care and the workmanship sucks.

You need to find balance and if companies refuse to find a form of wealth distribution that works, either government needs to step in or workers need to unionize and truly fight for what is rightfully their share.
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I just love people who use the excuse "I use/do this because I LOVE the feeling/joy/happiness it brings me" and expect you to be ok with that as you watch them destroy their life blindly following. My response is, "I like to put forks in an eletrical socket, just LOVE that feeling, can't ever get enough of it, so will you let me put this copper fork in that electric socket?"

Last edited by pan6467; 06-24-2006 at 08:08 AM..
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