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Author Topic: Mn min. wage rises to $8.00/hr. in Aug.'14, then $9.50/hr. in 2016.  (Read 3397 times)

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Offline Reporter

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Employers with fewer then 500K/yr earnings will pay  only $7.75/hr. even in 2016.

So, choose the companies you work for wisely.

http://www.usatoday.com/story/news/nation/2014/04/14/minnesota-joins-states-raising-minimum-wage/7713229/



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Offline duckwingduck

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Re: Mn min. wage rises to $8.00/hr. in Aug.'14, then $9.50/hr. in 2016.
« Reply #1 on: April 14, 2014, 06:53:54 PM »
Man, everything is expensive now.

I used to pay $.25 for a 12oz can of pepsi.  Now it's $1.05 a can.  That's like 4 times the original price. 

I used to be able to buy a brand new car for $10k and now you need $20k or more.

I used to pay $.90 per gallon of gas.  Now it's $4.00 gallon.

Cost of living has quadruple and yet income has only double from $4.25 to $7.50.



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Offline duckwingduck

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Re: Mn min. wage rises to $8.00/hr. in Aug.'14, then $9.50/hr. in 2016.
« Reply #2 on: April 14, 2014, 06:54:29 PM »
It was a big deal when you make $30k a year in 1990s.  Now you can barely survive on that.



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Offline Reporter

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Re: Mn min. wage rises to $8.00/hr. in Aug.'14, then $9.50/hr. in 2016.
« Reply #3 on: April 14, 2014, 06:59:46 PM »
I know.

With the min. wage rising, I'm sure other prices will rise, too. But at least the paycheck looks good.



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Offline duckwingduck

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Re: Mn min. wage rises to $8.00/hr. in Aug.'14, then $9.50/hr. in 2016.
« Reply #4 on: April 14, 2014, 07:09:12 PM »
I know.

With the min. wage rising, I'm sure other prices will rise, too. But at least the paycheck looks good.

Might or might not.  Productivity is all time high and CEO are getting bonus even for crashing the economy.  The poor folks deserve a little.



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Offline duckwingduck

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Re: Mn min. wage rises to $8.00/hr. in Aug.'14, then $9.50/hr. in 2016.
« Reply #5 on: April 14, 2014, 07:11:35 PM »
I think the min wage in WI is still $7.25.



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Offline Reporter

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Re: Mn min. wage rises to $8.00/hr. in Aug.'14, then $9.50/hr. in 2016.
« Reply #6 on: April 14, 2014, 08:13:35 PM »
I think the min wage in WI is still $7.25.

That's still higher than what Minnesotans are getting until August this year.



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Offline Reporter

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Re: Mn min. wage rises to $8.00/hr. in Aug.'14, then $9.50/hr. in 2016.
« Reply #7 on: April 14, 2014, 08:16:21 PM »
Might or might not.  Productivity is all time high and CEO are getting bonus even for crashing the economy.  The poor folks deserve a little.

True. The poor deserves a little raise.

The MN State Fair has anticipated this rise in the wage they have to pay their employees this coming year. So it has already approved a rise in its tickets for the next fair.

But then I'm sure the higher wage will be good for those who know how to save and even work extra hours or more jobs.



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Offline jon_jon

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Re: Mn min. wage rises to $8.00/hr. in Aug.'14, then $9.50/hr. in 2016.
« Reply #8 on: April 14, 2014, 09:00:33 PM »
True. The poor deserves a little raise.

The MN State Fair has anticipated this rise in the wage they have to pay their employees this coming year. So it has already approved a rise in its tickets for the next fair.

But then I'm sure the higher wage will be good for those who know how to save and even work extra hours or more jobs.
It's going to have an adverse effect.

Prices will go up and those working 10-12 bucks an hour will demand a raise when they see their co-workers or new ones especially getting almost the same thing they're getting.



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Offline Reporter

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Re: Mn min. wage rises to $8.00/hr. in Aug.'14, then $9.50/hr. in 2016.
« Reply #9 on: April 14, 2014, 09:08:11 PM »
It's going to have an adverse effect.

Prices will go up and those working 10-12 bucks an hour will demand a raise when they see their co-workers or new ones especially getting almost the same thing they're getting.

Yes. Very true.

I think foreigners who send money back to their relatives will have a greater impact, too.



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Offline jon_jon

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Re: Mn min. wage rises to $8.00/hr. in Aug.'14, then $9.50/hr. in 2016.
« Reply #10 on: April 14, 2014, 09:14:31 PM »
Yes. Very true.

I think foreigners who send money back to their relatives will have a greater impact, too.
I bet those chinese buffets are going to raise their prices pretty soon.

12 bucks for lunch buffet...

and 17 bucks for dinner buffet.



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“our worlds collided and in an instant your ocean had color because of my sky.”

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Offline Reporter

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Re: Mn min. wage rises to $8.00/hr. in Aug.'14, then $9.50/hr. in 2016.
« Reply #11 on: April 14, 2014, 10:02:54 PM »
I bet those chinese buffets are going to raise their prices pretty soon.

12 bucks for lunch buffet...

and 17 bucks for dinner buffet.

They could and probably will. But aren't some employees there still going to get wages under the minimum? What a way to do business!



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Offline MilesDaddy

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Re: Mn min. wage rises to $8.00/hr. in Aug.'14, then $9.50/hr. in 2016.
« Reply #12 on: April 14, 2014, 10:33:39 PM »
Might or might not.  Productivity is all time high and CEO are getting bonus even for crashing the economy.  The poor folks deserve a little.
then the poor folks can go work for it. Here in Cali minimum wage is 9 something



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Offline duckwingduck

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Re: Mn min. wage rises to $8.00/hr. in Aug.'14, then $9.50/hr. in 2016.
« Reply #13 on: April 14, 2014, 10:38:05 PM »
then the poor folks can go work for it. Here in Cali minimum wage is 9 something

I worked at mim wage jobs before.  Some of these people don't even speak English.  It is nice to say they too could be CEO.  That's just an exec use not paying these people more money.  I don't know about you but some of our parents come to this country with no education and didn't speak the language.  When they work 12 hours a week, they can't think about how to become the next CEO.  Of course, if you grew up and born here and still doing min wage, then you do need help.



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Offline Believe_N_Me

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Re: Mn min. wage rises to $8.00/hr. in Aug.'14, then $9.50/hr. in 2016.
« Reply #14 on: November 13, 2014, 01:48:12 PM »
Not every business can afford to raise the minimum wage. Raising it would bankrupt them and then everybody will be out of a job. The solution is to create more family-supporting jobs or make it easier for people to become their own boss without big risks. After all, it doesn't help the economy either if a small business closes and the owner is in debt for the money s/he borrowed to start the business.



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