So why can't I be paid a living wage again?

[quaker bill]

9. Actually, if you do the math

It comes out to $122 a month, basically $0.75 an hour. The $10.7 million profit reported is for 1 quarter (3 months), they report 29,000 employees. This calculation assumes that all 29,000 are full time. They probably aren't. If they aren't full time, say on average 30 hour a week positions, the raise would be roughly $1.00 an hour.

They operate at a very slim margin. Reported profits are 0.6% of revenue. Being generous, lets say that they pay on average 150% of minimum wage ($10.87 / hr) with the required employment tax matches, then their cost for employee compensation is roughly a bit more that 3% of revenue. If you calculate monthly revenue per employee, and say that you give them all a $2.00 an hour raise, it would make a difference of +/-$0.32 on a $20.00 office supply order to stay with exactly the same profit. The economy will not collapse if people start paying decent wages.