Competition is a two-way street again.
There’s no need (not that there ever was) for minimum wage laws.
If you’re an owner or a manager assuming you’re going to get a certain standard of employee (irresponsible, unpredictable, disloyal) because ‘that’s the only thing out there’ then you are fooling yourself. Your customers are making economic decisions every day, every visit. In other words, pay peanuts get monkey.
Equilibrium at or around the minimum wage figure has existed since the GWB administration thanks to a [censored] economy. Surely those experiencing higher sales, higher profits and/or increased foot traffic must countenance real or potential increases in labor costs?
“pay peanuts get monkey”
That needs to be one of those posters in the style of “keep calm and carry on” with a peanut or a sock monkey face in place of the crown.
Re:”Competition is a two-way street again.
Theres no need (not that there ever was) for minimum wage laws.
If youre an owner or a manager assuming youre going to get a certain standard of employee (irresponsible, unpredictable, disloyal) because thats the only thing out there then you are fooling yourself. Your customers are making economic decisions every day, every visit. In other words, pay peanuts get monkey.
Equilibrium at or around the minimum wage figure has existed since the GWB administration thanks to a [censored] economy. Surely those experiencing higher sales, higher profits and/or increased foot traffic must countenance real or potential increases in labor costs?”
https://web.archive.org/web/20180209094721/www.newtechusa.com/ppi/talent.asp