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03-16-2011, 04:30 PM
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#26 | | What hasn't Killed me, has made me more tolerant of RS!
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Originally Posted by murd0c  your wage will only go up if you make less then the min wage. For those who make more money you won't automaticlly get a raise it will stay the same. | I think employers are obligated to adjust your wage since the new minimum wage will inflate overall goods and services.
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03-16-2011, 04:35 PM
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#27 | | In RS I Trust
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Originally Posted by LaidbacK I think employers are obligated to adjust your wage since the new minimum wage will inflate overall goods and services. | yes you are correct, it's mandatory for your employer to chance your wage to the minimum wage. They basically have no say and if they don't adjust it they will be fined and you will receive the back pay.
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03-16-2011, 04:36 PM
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#28 | | '
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Originally Posted by illicitstylz that's stupid, people should have to work their way up to earn a higher wage, not just be entitled to a higher wage for the same "level" of performance. | no its not. thats like saying its stupid to ever increase the minimum wage. besides, if the minimum wage increases your wage might possibly increase too.  | |
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03-16-2011, 04:37 PM
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#29 | | WOAH! i think Vtec just kicked in!
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Originally Posted by StylinRed I meant as in the inevitable? tolls on all bridges
The increasing carbon tax
whatever else is coming etc
wasn't referring to income tax | in that case I agree. Not only that, increase in food prices and gas etc. Just barely keeping up. . . .
I think one of the main problems is with the municipalities. More people are focused on federal and provincial governments. But the city of vancouver spend the fucking most and have no accountability (or less than provincial and federal). I think the province actually has a wage freeze for most of their provincial workers, but the city workers keep getting wage increases and seem to just spend on anything they want.
. . .my property taxes keep going up every year, and I don't feel like the services justify that. . . .. .  | |
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03-16-2011, 04:47 PM
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#30 | | My bookmarks are Reddit and REVscene, in that order
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This raise the standard of living for those who make minimum wage until the rest of the economy adjusts.
In order to maintain their margins, companies and suppliers will too increase their price of goods to reflect their new higher operating costs. This will happen quicker than wage increases.
Thus it will hurt everybody in the long run except the very rich.
Did that just make sense from an Economic stand point?
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03-16-2011, 04:48 PM
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#31 | | MiX iT Up!
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Say hello to layoffs and/or increased prices.
It would suck to work in the restaurant industry in 2012. Screwed over by HST , now screwed over by lack of tips because food prices went up to cover the cost of wage increase.
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03-16-2011, 04:49 PM
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#32 | | My name is PJ and I like dogs.
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Originally Posted by PiuYi the replies on this thread are harsh  | This.
__________________ Studies show 100% of people die.. Might as well have some fun.
Hello my name is PJ. Buy/Sell Feedback 1-0-0 | |
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03-16-2011, 04:49 PM
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#33 | | MiX iT Up!
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Originally Posted by Culverin This raise the standard of living for those who make minimum wage until the rest of the economy adjusts.
In order to maintain their margins, companies and suppliers will too increase their price of goods to reflect their new higher operating costs. This will happen quicker than wage increases.
Thus it will hurt everybody in the long run except the very rich.
Did that just make sense from an Economic stand point? | I can't thank you - but Yes - it makes sense ...
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Sometimes we tend to be in despair when the person we love leaves us, but the truth is, it's not our loss, but theirs, for they left the only person who couldn't give up on them.
Make the effort and take the risk..
"Do what you feel in your heart to be right- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't." - Eleanor Roosevelt | |
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03-16-2011, 05:19 PM
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#34 | | I answer every Emotion with an emoticon
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Things to consider:
1. Wages should be priced according to productivity - increase the wage benchmark lead to higher productivity? What is the incentives to work harder?
2. Yes, min wage workers represent only a small fraction of the economy. But this cuts into the profit margins of retail/entry level positions. Do you want to pay higher prices?
3. The increase for workers making above the min wage is not linear. These workers will noy work "as hard".
4. To maintain the same profits, firms will need to increase revenue by raising prices.
Clark is treating the labour market as a homogenous agent, which is a big mistake. I agree that impact on umeployment rates (aggregate) will be minimal. BUT unemployment rates for youth/low skilled workers will spike for sure.
This is going to be another excuse for businesses to raise priced. Fml.
Oh and if we want to talk about black/grey markets, that's going to be another whole thread.. Posted via RS Mobile | |
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03-16-2011, 05:24 PM
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#35 | | I STILL don't get it
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I thought BC has been criticized for a long time regarding having low wages compared to the rest of the provinces.
How are the prices of commodities in other cities outside of BC compared to the ones in BC? e.g Toronto/Montreal
I know in Alberta has no PST so things might be cheaper or offset (Higher price/less tax).
Last edited by bakasam; 03-16-2011 at 05:45 PM.
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03-16-2011, 05:35 PM
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#36 | | 14 dolla balla aint got nothing on me!
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Higher minimum wage + tips = heaven (for a college student)
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03-16-2011, 05:39 PM
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#37 | | WOAH! i think Vtec just kicked in!
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That's actually quite a high minimum wage compared to many other places.
In London, UK, everything is effectively 1.5x the price of shit back home in Vancouver, yet the minimum wage is 5.95 pounds, which is about $8.
People still survive, but they live hella far out and commute into the city to work for peanuts.
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03-16-2011, 05:44 PM
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#38 | | what manner of phaggotry is this
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can someone explain to me why they are getting rid of the noob wage? why does a 14 year old kid need to make $10.25 an hour?
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03-16-2011, 05:53 PM
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#39 | | I STILL don't get it
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^ you know 14 year old kids are not the only people making the current minimum wage ...
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03-16-2011, 06:30 PM
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#40 | | "Entertainment" mod.
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How about raising the noob wage to the old minimum of $8? IMO, sounds like a compromise for raising the wages despite low skill.
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03-16-2011, 07:35 PM
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#41 | | RS has made me the bitter person i am today!
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Originally Posted by illicitstylz that's stupid, people should have to work their way up to earn a higher wage, not just be entitled to a higher wage for the same "level" of performance. | i see where your going with this, but BC's minimum wage is the lowest in the country so it was a long time coming for it to be raised. Especially for a province thats pretty expensive to live in. Now if our minimum wage was comparable to other provinces and it was raised i would probably agree with you. Im hoping im completely wrong but i dont see my own wage increasing with the new minimum wage.
There obviously gonna be pros and cons to this. The pro for me is families are gonna have alil bit of an easier time making ends meet, if they do make the minimum. The con for me is those lil shits that dont do jack shit and believe they should be paid for it or like u said higher wage for same level of performance.
Last edited by RiceIntegraRS; 03-16-2011 at 07:41 PM.
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03-16-2011, 08:01 PM
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#42 | | I answer every Emotion with an emoticon
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Originally Posted by illicitstylz that's stupid, people should have to work their way up to earn a higher wage, not just be entitled to a higher wage for the same "level" of performance. | Inflation. $8 now is not worth as much as $8 a decade ago.
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Originally Posted by MajinHurricane who would ban me? lol. Look at my post count. | | |
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03-16-2011, 08:51 PM
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#43 | | RS controls my life!
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i think lowering taxes would make everyone a lot happier.
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03-16-2011, 08:53 PM
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#44 | | I have named my kids VIC and VLS
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maybe instead of increasing minimum wage, the people who want to make more than minimum should put a little more effort into their work and give life in general a little more effort..
your telling me a person who cant put fries in a bag properly at mcdonalds deserves 10.25?..
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03-16-2011, 08:57 PM
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#45 | | MiX iT Up!
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^ how will you pay for services??
did you forget about teachers, po-po, fireman, amberlamps driver, etc...
you will probably vote for the NDP... =\...
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Sometimes we tend to be in despair when the person we love leaves us, but the truth is, it's not our loss, but theirs, for they left the only person who couldn't give up on them.
Make the effort and take the risk..
"Do what you feel in your heart to be right- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't." - Eleanor Roosevelt | |
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03-16-2011, 09:03 PM
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#46 | | Hacked RS to become a mod
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That has to be among the highest min wage in the world.. Hong Kong is about to introduce its first minimum wage, and it's $3.50 CAD per hour. The min wage in Tokyo is $10.30
I guess it allows people to pay the ridiculous amount of taxes
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03-16-2011, 09:20 PM
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#47 | | Oh goodie, 5 posts already!
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with the minimum wage increase are we going to see increase of wage through out ?
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03-16-2011, 09:24 PM
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#48 | | Rs has made me the woman i am today!
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Originally Posted by ManHo with the minimum wage increase are we going to see increase of wage through out ? | Definately. Every single employee in BC will get a raise of $2.25.  | |
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03-16-2011, 09:26 PM
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#49 | | hoppity HOP HOP
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Originally Posted by Jgresch Definately. Every single employee in BC will get a raise of $2.25. | Except some places that pay their employees under the table by cash... *cough* Chinese restaurants *cough*
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03-16-2011, 09:43 PM
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#50 | | YOU CANT CUT BACK ON FUNDING! YOU WILL REGRET THIS
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Too much too quickly
Raise by this much is just asking for trouble, especially in such a short time span.
Ultimately two things will happen:
a) accelerated inflation, thus further driving up our already WTF housing prices
b) increase unemployment rates
The economy only has so much money in it. If a firm say... marks up their prices by 30%, their profit margin is now gone. Solution? start laying people off.
Increase wages = increased cost for firms.
firms want to profit maximize by minimizing costs.
so well Ms. Clark, be prepared to face questions such as "how are we going to deal with the current increasing rate of unemployment?" in about a year.
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