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Pay threshold for managers to rise to 50K

Discussion in 'Sports and News' started by Baron Scicluna, Jun 30, 2015.

  1. cranberry

    cranberry Well-Known Member

    The labor department projection does tend to make you seem clueless when you suggest employers will cut jobs, adjust and net out even.
     
  2. steveu

    steveu Well-Known Member

    That's my big question: How many companies will simply do more layoffs and job cuts? Or, as many have suggested, more part-time workers? That's the last thing we need is more part-timers.
     
  3. doctorquant

    doctorquant Well-Known Member

    Stipulating $1.3 billion, spread over 5 million workers, comes out to be about ... $260 a worker a year.

    Just off the top of my little ole clueless head ...

    How easy would it be to trim $260 a year in benefits for a worker?

    How much will those workers who have to take on a second job spend in additional gas and other transportation costs a year?
     
  4. cranberry

    cranberry Well-Known Member

    Again, employers are free to adjust in whatever way they deem appropriate and, again, workers will net out far better, overall. That's exactly how this rule will play out in the real world.
     
  5. doctorquant

    doctorquant Well-Known Member

    You use "far better" very, very expansively ...
     
  6. cranberry

    cranberry Well-Known Member

    Yes, I'm not even a tiny bit concerned that this will have a net negative affect on workers.
     
  7. doctorquant

    doctorquant Well-Known Member

    Of course you're not. It manifested itself through "democratic processes." That's the gold standard (pace Ragu) baby!
     
  8. cranberry

    cranberry Well-Known Member

    I can't wait to see your reaction when Obama institutes the 30-hour work week and Baron's drinking-on-the-job protections.
     
    YankeeFan and doctorquant like this.
  9. Baron Scicluna

    Baron Scicluna Well-Known Member

    Wouldn't the $9 an hour job already have their full-time manager, meaning that job isn't available? Otherwise, if it was available before, the "manager" would have gone for it and made$27K a year for their 60-hour week.
     
  10. Baron Scicluna

    Baron Scicluna Well-Known Member

    Who is going to manage these new part timers? And what prevented businesses from either implementing fractional shifts before? Plus, instead of working 12 straight hours, now they may work 4 and 4, or 5 and 3, meaning they'll get time off in the middle of the day.
     
  11. Baron Scicluna

    Baron Scicluna Well-Known Member

    So employers are going to cut a job just because they don't want to pay $260 a year per worker? That's what the corporate backers are saying.
     
  12. LongTimeListener

    LongTimeListener Well-Known Member

    Just look at how badly the unemployment rate has spiked and the economy has cratered since Obamacare was introduced.
     
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