Good question.
Even illegals wonât work for $5/hr.
âTomatoes are the worst paid: Iâll pick 100 for 62 cents a bucket, or about $62 a day. I donât do tomatoes much anymoreâ
eta 2nd source:
âAnd the pay? Between $10 and $12 an hour, generally. Sometimes a bit more, sometimes lessâ
It is the worst argument. It basically says illegal immigrants are great because they donât have the rights of American Citizens and we get to exploit them and violate the law for profit. I think thatâs disgusting.
Any article that shows the net positive economic benefit of illegal imigration is, in some level, boosted by the fact that many are paid wages that would command public benefits if paid to a US Citizen worker (including the EITC).
I thought it was common knowledge that robots were going to take all our jobs within a couple decades?
I for one welcome our future robot overlords.
Employees are an after tax expense and are only hired when they employer expects to make a profit. I.E. if you hire someone that costs $50,000 a year, then you expect that employee to increase to company profits by more than the $50,000 cost, after taxes.
Otherwise, youâd be losing money to hire that person and the person doesnât get hired (they arenât a charity).
Thus anything that makes a business more profitable can increase labor (without profits there can be no employees).
Except thereâs no correlation between business outlook and reality. The vast overwhelming majority of business owners are completely clueless in regards to economics. This goes all the way to the top, with the CEO of Home Depot being a prime and quite laughable example.
Itâs not an argument, thems the facts.
If the minimum wage is not applicable to everyone why does it exist at all?
Apparently you donât comprehend the meaning of âFederal Minimum Wageâ.
Now if you didnât have illegals to do it for $5 an hour, then surely those companies would have to pay more. economics 101 of supply/demand?
But lettuce would cost three times as much. Would not be popular.
Is the minimum wage $5/hour?
Employees are an after tax expense and are only hired when they employer expects to make a profit. I.E. if you hire someone that costs $50,000 a year, then you expect that employee to increase to company profits by more than the $50,000 cost, after taxes.
Obviously you expect that employee to pay for themselves and more, but how are employees an after tax expense? Their salary is a business expense, taken before taxable revenue is calculated.
I think I have an idea of what youâre saying â if a business makes money from each and every new employee, then theyâd be more inclined to hire more people due to lower taxes on the profits. I guess this is applicable in some businesses, but itâs probably not the model for most large corporations. Each new hire does not necessarily translate to higher profits. They hire people because they have allocated a budget for salaries and because they have things that need to be done, but that work may not translate into profits for many years, if ever.
Is the minimum wage $5/hour?
Less for waiters before tips. Currently the news item in DC is eliminating the separate minimum wage for restaurant workers that normally get tips. Now somewhere around $3 an hour would go up to $12 to $15.
Is the minimum wage $5/hour?
Are temporary non-citizen migrants covered by the Federal Minimum Wage ?
Thatâs not true. The minimum wage is still the minimum wage for tipped employees. The employer is allowed to count tips toward the difference between the tipped wage and the actual minimum wage.
Is it safe to assume that illegal aliens are making less than minimum wage and/or what a us citizen would be paid for the same job? Seems a waste bickering on what minimum wage is exactly, what it is based on (restaurant/non-restaurant), etc.
Great point because, no, that is not a safe assumption.
Thatâs not true. The minimum wage is still the minimum wage for tipped employees. The employer is allowed to count tips toward the difference between the tipped wage and the actual minimum wage.
This may be the case in some states, and I believe it is in DC, but I donât think itâs the case for states that donât have a minimum wage and just rely on the federal MW.
Are temporary non-citizen migrants covered by the Federal Minimum Wage ?
Legally yes.
Thatâs not true. The minimum wage is still the minimum wage for tipped employees. The employer is allowed to count tips toward the difference between the tipped wage and the actual minimum wage.
This may be the case in some states, and I believe it is in DC, but I donât think itâs the case for states that donât have a minimum wage and just rely on the federal MW.
For the federal minimum wage people who get tips are paid at least $2.13 from their employers. They get tips on top of that. If tips plus the $2.13 does not equal or exceed the $7.25 general minimum wage then the employer has to make up the difference. At a minimum federal applies to everyone so everyone is guaranteed at least the $7.25 (including tips). I expect its rare that the employer has to pay more than the $2.13 since making $5/hr average in tips is really not much.
For states it varies. Several states require the full state minimum regardless of tips. OR, WA, CA all do that and all have high minimums.
For the federal minimum wage people who get tips are paid at least $2.13 from their employers. They get tips on top of that. If tips plus the $2.13 does not equal or exceed the $7.25 general minimum wage then the employer has to make up the difference. At a minimum federal applies to everyone so everyone is guaranteed at least the $7.25 (including tips). I expect its rare that the employer has to pay more than the $2.13 since making $5/hr average in tips is really not much.
I did not realize this. The restaurant I worked at in high school and college did not keep track of this. Iâm sure there were some slow nights that I made less than $7.25/hr, but most nights that wasnât the case. Do you know if tipped employees have to make $7.25/hr every day, or is it averaged out per week, bi-weekly, bi-monthly, monthly?
You are talking theory, not reality. If the employee doesnât report they are making enough, they get firedâŚThatâs reality
Ahh, that makes sense. Disregard my last post.