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UC Berkeley Forced to Cut 500 Jobs After $15 Minimum Wage Hike
townhall.com ^
| April 18, 2016
| Justin Holcomb
Posted on 04/19/2016 2:05:42 PM PDT by grundle
click here to read article
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To: grundle
<<< they should prepare to be laid off >>>
Ode to the stupid.
21
posted on
04/19/2016 2:18:10 PM PDT
by
Oldeconomybuyer
(The problem with socialism is that you eventually run out of other people's money.)
To: grundle
Oh my! Hoisted upon their own petards...
22
posted on
04/19/2016 2:18:14 PM PDT
by
Rumplemeyer
(The GOP should stand its ground - and fix Bayonets)
To: grundle
No problem. This is progress to a Leftist.
23
posted on
04/19/2016 2:20:11 PM PDT
by
DoughtyOne
(Hey Ted, why are you taking one for the RNC/GOPe team, and not ours? Not that we don't know.)
To: HokieMom
24
posted on
04/19/2016 2:21:01 PM PDT
by
driftless2
(For long term happiness, learn how to play the accordion)
To: grundle
I started working more than a few of my jobs starting at $0.00 per hour and worked my way up from there.
Worked out pretty darn good for me.
25
posted on
04/19/2016 2:25:39 PM PDT
by
rdcbn
("If what has happened here is not treason, it is its first cousin." Zell Milleraere)
To: grundle
Irony alert! Lolololol...
26
posted on
04/19/2016 2:26:52 PM PDT
by
Seruzawa
(If you agree with the French raise your hand. If you are French raise both hands)
To: grundle
I wonder how many are students. Now they will have to take out larger student loans. Because of the larger loans, more will default with the result the government will have to print more money to cover the cost.
To: grundle
28
posted on
04/19/2016 2:30:04 PM PDT
by
Red Badger
(WE DON'T NEED NO STEENKING TAGLINES!...........................)
To: HokieMom
29
posted on
04/19/2016 2:30:52 PM PDT
by
Red Badger
(WE DON'T NEED NO STEENKING TAGLINES!...........................)
To: grundle
30
posted on
04/19/2016 2:31:02 PM PDT
by
Jeff Chandler
(In this Year of Mercy, may God have mercy on us.)
To: grundle
Raising the minimum wage results in less jobs?
Gosh, who ever could have seen that coming?
31
posted on
04/19/2016 2:32:43 PM PDT
by
Bubba_Leroy
(The Obamanation Continues)
To: Steely Tom
67 is what he keeps, 34 is who gets the ax......................
32
posted on
04/19/2016 2:32:51 PM PDT
by
Red Badger
(WE DON'T NEED NO STEENKING TAGLINES!...........................)
To: Steely Tom
1000/15 = 66.67
Since you can’t hire or fire 2/3 of a person, the next logical thing to do is round up or down. If you can afford no more than 1K per hour in labor expenses you have to round down, so you can now employ 66 people at $15/hour vs. the 100 people at $10/hour you previously employed.
This means you have to lay of 34 people, which is what the original poster said IIRC.
Otherwise I think the number was 1005 at 67*15/hour.
33
posted on
04/19/2016 2:33:15 PM PDT
by
jurroppi1
(The only thing you "pass to see what's in it" is a stool sample. h/t MrB)
To: grundle
34
posted on
04/19/2016 2:34:02 PM PDT
by
rrrod
(just an old guy with a gun in his pocket.l)
To: grundle
Well they can hire illegals under the table to cover. (Isn’t that what the minimum wage hike is about?)
35
posted on
04/19/2016 2:38:48 PM PDT
by
DBrow
To: grundle
36
posted on
04/19/2016 2:39:28 PM PDT
by
Vaquero
( Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)
To: jurroppi1
Well, 36 people, as the higher wages are also reflected in higher social security contributions and other wage taxes (35.4, but round up...) Add in paid family leave, paid sick leave, etc, and at the end of the day, 60 people have to do the work of 100.
Oooh, wonder if the next headline is ‘higher wages leads to higher productivity by workers’? Betcha it is...
37
posted on
04/19/2016 2:42:00 PM PDT
by
kingu
(Everything starts with slashing the size and scope of the federal government.)
To: grundle
"the people who clean buildings, who work in food services or health clinics, says Todd Stenhouse, will be the ones without a job. This is so corrupt.
Having worked in the university system, and later as a manager of a contract with a university as a contractor, I know that there are many employees that produce nothing and others that work in useless and featherbedded positions.
(This is one reason that univ costs are so high.)
One suspects that firing food and health employees will cause the desired outcry, and give cover for tuition increases.
.
38
posted on
04/19/2016 2:44:33 PM PDT
by
Seaplaner
(Never give in. Never give in. Never...except for convictions of honour and good sense. W. Churchill)
To: grundle
So the remaining staff got the ‘raise’ and need to do more work to cover for the lesser work force.
Win - win in Libs’ utopia.
39
posted on
04/19/2016 2:46:01 PM PDT
by
Sir Napsalot
(Pravda + Useful Idiots = CCCP; JournOList + Useful Idiots = DopeyChangey!)
To: grundle
UC Berkeley Forced to Cut 500 Jobs After $15 Minimum Wage Hike
Well Governor moonbeam will just have to raise taxes
40
posted on
04/19/2016 2:48:56 PM PDT
by
Vaquero
( Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)
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