General Discussion
In reply to the discussion: So, about that Amazon wage hike that Bernie is responsible for... [View all]George II
(67,782 posts)....less than $15 will get that pay increased to $15 per hour. But at the same time the benefits that such employees are currently getting will be reduced, and I'm sure that in some cases employees will end up with LESS overall compensation than before the "raise" to $15 per hour.
It reminds me of a place I worked for 20+ years ago. On a Friday afternoon, about a dozen full-time permanent employees, some at the company for decades, were told they were being let go. BUT, at the same time they were told they would be "re-hired" starting the following Monday at the SAME position they had, but as "part-time temporary" employees - even though they would be working the same number of hours as their "full-time" positions.
The net result is that they would have the same job at the same hourly rate, but they would no longer have healthcare coverage, sick time, or paid vacation.
Same job, "same" pay, lower overall compensation.