Wages In The US

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Wages in the US
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 Valefor.Applebottoms
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By Valefor.Applebottoms 2014-02-17 12:05:40
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I guess I shouldn't have used the term "rule".

My apologies. I can't engrish.
 Shiva.Nikolce
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By Shiva.Nikolce 2014-02-17 12:08:20
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Valefor.Applebottoms said: »
I guess I shouldn't have used the term "rule".

My apologies. I can't engrish.

you're fired!
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 Valefor.Applebottoms
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By Valefor.Applebottoms 2014-02-17 12:11:34
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Shiva.Nikolce said: »
Valefor.Applebottoms said: »
I guess I shouldn't have used the term "rule".

My apologies. I can't engrish.

you're fired!
Guess it's time I be done then, have fun with the thread. XD
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 Lakshmi.Flavin
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By Lakshmi.Flavin 2014-02-17 12:11:46
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Valefor.Applebottoms said: »
I guess I shouldn't have used the term "rule". My apologies. I can't engrish.
Like I said, it wasn't only that... It's like you're ignoring everything you said previous to that.
 Valefor.Applebottoms
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By Valefor.Applebottoms 2014-02-17 12:16:26
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Lakshmi.Flavin said: »
Valefor.Applebottoms said: »
I guess I shouldn't have used the term "rule". My apologies. I can't engrish.
Like I said, it wasn't only that... It's like you're ignoring everything you said previous to that.
Before I go, I tried not to make it that way, even re-reading my posts to make sure that I didn't.

Still failed, oh well, I was never meant to do debate. D:
 Lakshmi.Sparthosx
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By Lakshmi.Sparthosx 2014-02-17 12:31:04
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My favorite type of manager is the type that was a competent worker then as soon as a title of manager is bestowed upon them they turn into a raging *** who drops threats to defend their pathetic position because management means being a slave driver.

'I can get you fired.'
'Quit loafing around, we aren't paying you to drink water from the cooler.'
'You could get replaced tomorrow.'

Look at me, I'm a manager!
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By fonewear 2014-02-17 12:48:34
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Lakshmi.Sparthosx said: »
My favorite type of manager is the type that was a competent worker then as soon as a title of manager is bestowed upon them they turn into a raging *** who drops threats to defend their pathetic position because management means being a slave driver.

'I can get you fired.'
'Quit loafing around, we aren't paying you to drink water from the cooler.'
'You could get replaced tomorrow.'

Look at me, I'm a manager!

What is it you do at Initech ?
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By Fumiku 2014-02-17 14:02:01
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fonewear said: »
I have people skills! What the hell is wrong with you people!

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By Thunderz 2014-02-17 14:32:59
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I was hated as a young Manager

...wait they still hate me now. lol bank politics

apparently being productive and doing stuff to better the business makes them look bad lulz
 Asura.Ivykyori
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By Asura.Ivykyori 2014-02-17 15:26:01
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Valefor.Applebottoms said: »
Anyone can be a good manager

I can tell you right now, I'd be a horrible manager. I'd be that manager that ends up on the 11 o' clock news for shooting up my workplace because too many people piss me off. I'd be that manager where they say "oh but she was so sweet..."

It's the sweet ones that are psychotic, lol.

I do agree that anyone who has great interpersonal skills regardless of age can be great managers, but not EVERYONE can be since it's a pretty stressful situation to be in. The pay may be (slightly) better, but at the cost of some sanity.
 Lakshmi.Flavin
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By Lakshmi.Flavin 2014-02-17 15:30:29
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Asura.Ivykyori said: »
Valefor.Applebottoms said: »
Anyone can be a good manager
I can tell you right now, I'd be a horrible manager. I'd be that manager that ends up on the 11 o' clock news for shooting up my workplace because too many people piss me off. I'd be that manager where they say "oh but she was so sweet..." It's the sweet ones that are psychotic, lol. I do agree that anyone who has great interpersonal skills regardless of age can be great managers, but not EVERYONE can be since it's a pretty stressful situation to be in. The pay may be (slightly) better, but at the cost of some sanity.
Idk... You've put up with Boondox for quite awhile now... or is that a different Ivy?
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By Jetackuu 2014-02-17 15:33:18
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Cerberus.Kvazz said: »
Fumiku said: »
You think people should make 18 dollars working McD's?
They earn way more than that at McD in Norway.

Edit:
I know the economy is way different here vs US, but not having a minimum wage here seems to work fairly well.
I calculated that amount based upon a rough guess between the cost of living around here and the cost of living in D.C.

People take shock and awe on the amount, but I didn't pull it out of nowhere.
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By Jetackuu 2014-02-17 15:35:15
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Valefor.Applebottoms said: »
Doesn't realize that not giving breaks is, you know, against the law?
depends on the state you live in, it's legal in this state.
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By Fumiku 2014-02-17 15:40:48
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Jetackuu said: »
Cerberus.Kvazz said: »
Fumiku said: »
You think people should make 18 dollars working McD's?
They earn way more than that at McD in Norway.

Edit:
I know the economy is way different here vs US, but not having a minimum wage here seems to work fairly well.
I calculated that amount based upon a rough guess between the cost of living around here and the cost of living in D.C.

People take shock and awe on the amount, but I didn't pull it out of nowhere.


I was in DC yesterday for the first time. I need to go back. There is a lot more I would like to see.
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By Jetackuu 2014-02-17 15:43:06
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Shiva.Nikolce said: »
Valefor.Applebottoms said: »
I guess I shouldn't have used the term "rule".

My apologies. I can't engrish.

you're fired!
Go pay Mr. Trump
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By Jetackuu 2014-02-17 15:43:43
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Fumiku said: »
Jetackuu said: »
Cerberus.Kvazz said: »
Fumiku said: »
You think people should make 18 dollars working McD's?
They earn way more than that at McD in Norway.

Edit:
I know the economy is way different here vs US, but not having a minimum wage here seems to work fairly well.
I calculated that amount based upon a rough guess between the cost of living around here and the cost of living in D.C.

People take shock and awe on the amount, but I didn't pull it out of nowhere.


I was in DC yesterday for the first time. I need to go back. There is a lot more I would like to see.

I'm going to go back after a bit (was just there 2 weeks ago), but not going to drive next time, going to plan a day to take the metro in and then sightsee, probably when it gets a bit warmer.
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By Fumiku 2014-02-17 15:47:29
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It was cold as hell, I was supposed to spend then day, but I got sick Saturday and didn't sleep I woke up at 2 and had to force myself to to go.

One tip, If you park in a parking garage, REMEMBER WHICH ONE IT WAS! Might save you an hour walking around the same two blocks.

It was like the chocobo game.....
 Asura.Ivykyori
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By Asura.Ivykyori 2014-02-17 16:05:59
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Lakshmi.Flavin said: »
Asura.Ivykyori said: »
Valefor.Applebottoms said: »
Anyone can be a good manager
I can tell you right now, I'd be a horrible manager. I'd be that manager that ends up on the 11 o' clock news for shooting up my workplace because too many people piss me off. I'd be that manager where they say "oh but she was so sweet..." It's the sweet ones that are psychotic, lol. I do agree that anyone who has great interpersonal skills regardless of age can be great managers, but not EVERYONE can be since it's a pretty stressful situation to be in. The pay may be (slightly) better, but at the cost of some sanity.
Idk... You've put up with Boondox for quite awhile now... or is that a different Ivy?


Who's that?

I can withstand a lot of stuff, but being in a leadership position is something that I never want to be in. For my own sanity and everyone else's.
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By fonewear 2014-02-18 17:18:12
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The CBO just released numbers on this topic.


http://money.cnn.com/2014/02/18/news/economy/minimum-wage-cbo/
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 Asura.Kingnobody
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By Asura.Kingnobody 2014-02-18 17:53:08
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I love how that report stated that there would be job losses, but the White House contends that there would be zero job losses due to higher productivity and lower turnover.

Seriously, is the White House that far from reality? Or do they ignore productivity numbers and efficiency ratios difference between union and non-union jobs? Along with defect rates, turnover rates, and overall moral studies.
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By Fumiku 2014-02-19 03:40:15
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"Once the CBO report came out, there was a partisan rapid-fire response at the ready. Republicans who oppose the $10.10 proposal immediately seized on CBO's job loss estimates, while Democrats touted the agency's assessment that a higher minimum would lift 900,000 workers out of poverty."

This is why I hate democrats. 'duh OMGZ WE HELPZ 900K PEOPLEZ"

This is why I hate republicans 'Duh OMGZ THAT SCREWZ 500K PEOPLEZ"

Why can't we say what it is and meet in the middle ground? Why does it have to be left and right?
 Cerberus.Pleebo
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By Cerberus.Pleebo 2014-02-19 04:51:20
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Asura.Kingnobody said: »
I love how that report stated that there would be job losses, but the White House contends that there would be zero job losses due to higher productivity and lower turnover.

Seriously, is the White House that far from reality? Or do they ignore productivity numbers and efficiency ratios difference between union and non-union jobs? Along with defect rates, turnover rates, and overall moral studies.
No, this is what they said:
Quote:
CBO’s estimates of the impact of raising the minimum wage on employment does not reflect the current consensus view of economists. The bulk of academic studies, have concluded that the effects on employment of minimum wage increases in the range now under consideration are likely to be small to nonexistent. CBO also agrees that the employment effect could be essentially zero, but their central estimates are not reflective of a consensus of the economics profession. http://www.whitehouse.gov/blog/2014/02/18/congressional-budget-office-report-minimum-wage-confirms-consensus-views-beneficiari
They go on to link several sources that conflict with the CBO's findings on post-hike unemployment. This is probably the statement you're referring to specifically:
Quote:
Overall the logic for the finding that raising the minimum wage does not result in large adverse impacts on employment is that paying workers a better wage can improve productivity and thereby reduce unit labor costs. These adjustments, along with others that firms can make, help explain why the increase in the minimum wage need not lead to a reduction in employment.
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 Cerberus.Anjisnu
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By Cerberus.Anjisnu 2014-02-19 05:00:36
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i can't wait for minimum wage to go up a quarter so my bread will cost 3 dollars more
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 Bahamut.Kara
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By Bahamut.Kara 2014-02-19 05:33:37
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Cerberus.Pleebo said: »
No, this is what they said:
Quote:
CBO’s estimates of the impact of raising the minimum wage on employment does not reflect the current consensus view of economists. The bulk of academic studies, have concluded that the effects on employment of minimum wage increases in the range now under consideration are likely to be small to nonexistent. CBO also agrees that the employment effect could be essentially zero, but their central estimates are not reflective of a consensus of the economics profession.
This ^

I came across multiple empirical studies this weekend which examined the effect of minimum wage increases on employment. The studies (empirical studies those that used actual data, not theoretical studies) concluded that minimum wage increases did not significantly affect employment opportunities and increased employment retention.

Minimum wage effects across state borders: Estimates using contiguous counties was a good read, if anyone is interested. And it is freely available unlike most of the other ones I read.
abstract said:
We use policy discontinuities at state borders to identify the effects of minimum wages on earnings and employment in restaurants and other low-wage sectors. Our approach generalizes the case study method by considering all local differences in minimum wage policies between 1990 and 2006. We compare all contiguous county pairs in the United States that straddle a state border and find no adverse employment effects. We show that traditional approaches that do not account for local economic conditions tend to produce spurious negative effects due to spatial heterogeneities in employment trends that are unrelated to minimum wage policies. Our findings are robust to allowing for long-term effects of minimum wage changes.


Cerberus.Anjisnu said: »
i can't wait for minimum wage to go up a quarter so my bread will cost 3 dollars more
The only economic papers I've seen that indicate inflation occurring after minimum wage increases deal within that specific industry (e.g. fast food industry) with a price increase to customers of 0.2-1%, where the increase happens over the course of a year+. This leads to problems controlling for that specific reason for the increase in price rather than a variety of other variables.

Either way, your bread is not going to increase by a significant margin, if at all, due to minimum wage increases.
 Lakshmi.Saevel
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By Lakshmi.Saevel 2014-02-19 05:36:25
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Laughing at the people who have zero idea how management works.

Being "bossy" and / or a bully is how bad managers act because they don't know how to motivate people otherwise and thus resort to heavy handed tactics.

In actuality, junior and middle management is about receiving a task or set of tasks from senior management, breaking those tasks into smaller supporting tasks then farming them out to your minions and reporting the results back to higher up, all the while being on the lookout for ways to make those tasks more efficient while still being in compliance with company policy's. Each team member has their own set of skills & capabilities and team leaders need to know them in order to farm out tasks appropriately. This is where interpersonal skills come into play, not "talking" bullsh!t but actually knowing how to recognize valuable skill sets and motivate your minions to trust in your leadership skills.

This is where skilled / semi-skilled and unskilled labor comes into play. Someone with skill sets and experience that are easy to find and easy to replace isn't going to ever make much money, they are simply not valuable. Someone with more developed skill sets and experience can seek out more demanding positions and expect a higher level of compensation. Someone with a highly developed skill set that's in demand and experience to back it up can practically write their own check. They key to understanding all of this is that skill sets are not random. You don't find yourself walking down the street, suddenly tripping on your own d*ck and land in a pile of success. You have to build those skill sets, meaning people need to put effort, focus and dedication into practicing those skill sets until they are a marketable commodity. That in turn means devoting a lot of personal, non-work time into them, which is something that vast majority of people don't do. If someone believes success is random, or successful people are "lucky", then they are lazy and have never put hard time into developing their own skill sets.

And before the usual round of harpies chime in, I'm the guy who interviews people to determine if their skill sets are valuable to the company and whether they are a cert monkey or not. I know lots of successful people, and not a single of them was "lucky", they all worked their ***'s off for it.
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 Asura.Kingnobody
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By Asura.Kingnobody 2014-02-19 06:24:24
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Cerberus.Pleebo said: »
Asura.Kingnobody said: »
I love how that report stated that there would be job losses, but the White House contends that there would be zero job losses due to higher productivity and lower turnover.

Seriously, is the White House that far from reality? Or do they ignore productivity numbers and efficiency ratios difference between union and non-union jobs? Along with defect rates, turnover rates, and overall moral studies.
No, this is what they said:
Quote:
CBO’s estimates of the impact of raising the minimum wage on employment does not reflect the current consensus view of economists. The bulk of academic studies, have concluded that the effects on employment of minimum wage increases in the range now under consideration are likely to be small to nonexistent. CBO also agrees that the employment effect could be essentially zero, but their central estimates are not reflective of a consensus of the economics profession. http://www.whitehouse.gov/blog/2014/02/18/congressional-budget-office-report-minimum-wage-confirms-consensus-views-beneficiari
They go on to link several sources that conflict with the CBO's findings on post-hike unemployment. This is probably the statement you're referring to specifically:
Quote:
Overall the logic for the finding that raising the minimum wage does not result in large adverse impacts on employment is that paying workers a better wage can improve productivity and thereby reduce unit labor costs. These adjustments, along with others that firms can make, help explain why the increase in the minimum wage need not lead to a reduction in employment.
If "bulk" means 2 or 3, then you are correct. Notice they said "bulk" and not "majority." One can imply the same thing, but in reality it isn't (a bulk could be considered 144 items, but if there are 10,000 items in total, that is nowhere near a majority).
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 Asura.Kingnobody
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By Asura.Kingnobody 2014-02-19 06:25:52
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Lakshmi.Saevel said: »
Laughing at the people who have zero idea how management works.

Being "bossy" and / or a bully is how bad managers act because they don't know how to motivate people otherwise and thus resort to heavy handed tactics.

In actuality, junior and middle management is about receiving a task or set of tasks from senior management, breaking those tasks into smaller supporting tasks then farming them out to your minions and reporting the results back to higher up, all the while being on the lookout for ways to make those tasks more efficient while still being in compliance with company policy's. Each team member has their own set of skills & capabilities and team leaders need to know them in order to farm out tasks appropriately. This is where interpersonal skills come into play, not "talking" bullsh!t but actually knowing how to recognize valuable skill sets and motivate your minions to trust in your leadership skills.

This is where skilled / semi-skilled and unskilled labor comes into play. Someone with skill sets and experience that are easy to find and easy to replace isn't going to ever make much money, they are simply not valuable. Someone with more developed skill sets and experience can seek out more demanding positions and expect a higher level of compensation. Someone with a highly developed skill set that's in demand and experience to back it up can practically write their own check. They key to understanding all of this is that skill sets are not random. You don't find yourself walking down the street, suddenly tripping on your own d*ck and land in a pile of success. You have to build those skill sets, meaning people need to put effort, focus and dedication into practicing those skill sets until they are a marketable commodity. That in turn means devoting a lot of personal, non-work time into them, which is something that vast majority of people don't do. If someone believes success is random, or successful people are "lucky", then they are lazy and have never put hard time into developing their own skill sets.

And before the usual round of harpies chime in, I'm the guy who interviews people to determine if their skill sets are valuable to the company and whether they are a cert monkey or not. I know lots of successful people, and not a single of them was "lucky", they all worked their ***'s off for it.
True.

Now lets wait until our "business degree liberal" comes here and says "that's not true, management is all about love and joy and unicorns."
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By fonewear 2014-02-19 08:07:52
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They need to raise the min. wage to 20 dollars an hour so the people at McDonald's stop messing up my cheeseburger! (they still will no matter how much they make)

How about instead of raising min wage make it cheaper to go to college.

My degree in music theory is going to waste. I was going to be a rock star! Now I'm giving guitar lessons to kids.
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 Asura.Kingnobody
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By Asura.Kingnobody 2014-02-19 08:42:18
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fonewear said: »
They need to raise the min. wage to 20 dollars an hour so the people at McDonald's stop messing up my cheeseburger! (they still will no matter how much they make)

How about instead of raising min wage make it cheaper to go to college.

My degree in music theory is going to waste. I was going to be a rock star! Now I'm giving guitar lessons to kids.
You know what would solve everyone's problems? "Unionize" the entire nation.

USSR did it between 1945-1990, it worked out very well for them!
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 Bahamut.Kara
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By Bahamut.Kara 2014-02-19 08:45:57
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The only people I see in this thread linking empircal data or studies are those horrible "liberals" (everyone who disagrees with Saevel, KN, Fonewear, etc).

The self-proclaimed "This is how the economy works because....I said so" presents no studies, no data, but seems to be going off of talking points and 'common sense' with the expectation that everyone "take their word for it because they live in the 'real world'".


Asura.Kingnobody said: »
If "bulk" means 2 or 3, then you are correct. Notice they said "bulk" and not "majority." One can imply the same thing, but in reality it isn't (a bulk could be considered 144 items, but if there are 10,000 items in total, that is nowhere near a majority).

This is a point and the rest of the quote that Pleebo didn't write was:
Quote:
For example, seven Nobel Prize winners and more than 600 other economists recently stated that: “In recent years there have been important developments in the academic literature on the effect of increases in the minimum wage on employment, with the weight of evidence now showing that increases in the minimum wage have had little or no negative effect on the employment of minimum-wage workers, even during times of weakness in the labor market.”

Minimum wage and labor economics have been written about for a hundred years~ (minimum wage was enacted in the late 1800's in other parts of the world).

In recent years (10~) economists have had greater access:
-to more data sets
-which allows more in-depth studies
-programming/programs which allows this greater amount of data to be processed faster, more efficiently, and the ability to test more complex hypothesis.

It is also more than 2-3 studies.
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