hey, but they got what they ask for...Sometimes the extra benefits and perks are what makes a lower wage job worthwhile.
It's like a bar/restaurant owner raising the hourly wages of the waiters/bartenders but keeping all the tips.
I once owned a bar/restaurant and we offered our employees union hourly rates or a lower hourly rate but a bonus based on a percentage of quarterly sales {they kept tips under either schedule}.
When we first started, most chose union rates, but a few took the option of bonus.
After the first quarter, those that took the bonus almost doubled the hourly rate of the union rate, and soon they all changed.
It cost us a few more bucks, but, we had every bartender hustling their collective asses off to increase sales {this was in the 70s when there was no MADD and if our patrons got stoned, the cops went blind}, it would not work today.
I used to tend bar a couple of shifts a week and work a few outings a month at a local golf & country club. The wages were not something to write home about, but good service generated a nice tip income.
At the start of (I think) my fifth season there, we were called in to a meeting and told that everyone was getting a very large raise. We were also told no more tipping; a 17% service charge would be added to checks and house charges. I went back over the previous year’s tip book and calculated that I’d been making more than $21 an hour in combined income. They were “raising” me from $5.75 plus tips to $14, no tips. The management put little mounted notices on the tables and the bar saying “NO TIPS” and announcing the service charge. The members assumed that the percentage was going to the servers; a few added on a bit.
I added a note to the notices that told the truth; we did not get the percentage, but did get a higher wage. Many of our best bar customers started paying in cash and tipping as generously as before. Management did not like that and I was terminated.
Just one more dollar, just one more week.
I hate em all.
Snowflakes, you all are leaking
So the people who actually produced more to gain the incentives available will now not produce as they did before no reason to!!! STUPID business move!!!!
Liberal ‘elite’ thug.
Welcome to socialism, where we pay the less productive more, by paying the more productive less.
Almost like money doesn’t grow on trees, and a company has to pay attention to the total expenses.
Hahahahahahahahahahahahaha!!! Serves them right. They don’t like the benefits, then they are welcome to find another job.
LOL! I worked for a company that did this in reverse. They implemented a bone-us program instead of base raises. The first year we would make a good amount more. Everyone was excited... except those of us that knew how to do basic math. Two years in, it was big pay cut. Huge.
Congrats on your new $15/ hour wages. Sorry you won’t be able to get incentives, like stocks or bonuses.
He is a kind of genius. I call him Lex Luthor (and the Washington Post, the Daily Planet).
HA! I knew it. Bezos is not actually paying anyone more but himself. He will though bribe politicians to raise minimum wage so other competing business have to pay more.
hey, but they got what they ask for...