Sen. Bernie Sanders (I-Vt.) on Wednesday introduced a bill to establish a standard four-day workweek in the United States without any reduction in pay. The bill, over a four-year period, would lowe…
Unfortunately that’s a fairly naive take that fails to consider how most people work in the US- hourly employees would be fucked by this.
Retail, service, anyone whose not already working 9-5 office jobs; the reality is that they won’t loose pay, but they will loose hours. And you can bet your ass that companies won’t pay more to make up for it.
I have no idea why you’re being downvoted. How would the government mandate a pay raise across the board? The government only has the federal minimum wage lever to play with. Somehow the law would have to say: all hourly workers must be paid 25% more. Would companies just increase prices by 25%?
Now, I’m all for reducing the work week to 32 hours. I’m tired of spending most of the week working and only having to 2 free days (of which one is usually spent doing home chores). But I’m genuinely curious about how this would be implemented without causing massive inflation.
I agree, it has little to do with it. I was just addressing the idea that the federal minimum wage being the only lever to play would not have a massive positive effect on a huge percentage of workers.
The AFL-CIO, which is only demanding a $15/hour minimum wage says that if it kept up with inflation, it would be $24/hour.
Based on that, the bare minimum someone working full-time should be making is a little less than $50,000 a year. And if the government used that ‘only lever to play,’ and it would still be less than the $68k that is needed to ‘live comfortably.’
And you’d be wrong. Companies would still be paying them at whatever rate they were paid at. Most jobs don’t come with specifically guaranteed hours, however.
It’s a technicality, yes, but it’s also a very important distinction. They’re not losing pay. They’re losing hours. The consequence is the same; but short of minimum wage increases; there’s no mechanism for the US Government to dictate wages to individual companies. Particularly when they were never party to that contract in the first place.
Unfortunately that’s a fairly naive take that fails to consider how most people work in the US- hourly employees would be fucked by this.
Retail, service, anyone whose not already working 9-5 office jobs; the reality is that they won’t loose pay, but they will loose hours. And you can bet your ass that companies won’t pay more to make up for it.
If it’s mandated by law they will. As they do in other countries.
I have no idea why you’re being downvoted. How would the government mandate a pay raise across the board? The government only has the federal minimum wage lever to play with. Somehow the law would have to say: all hourly workers must be paid 25% more. Would companies just increase prices by 25%?
Now, I’m all for reducing the work week to 32 hours. I’m tired of spending most of the week working and only having to 2 free days (of which one is usually spent doing home chores). But I’m genuinely curious about how this would be implemented without causing massive inflation.
Raising the minimum wage to account for inflation would give a vast number of people a major raise.
Which has little to do with a 32 hour workweek, and can’t be done on its own even though it really should be done.
Personally the minimum wage should be tied to the cost of living or increased along side CPI or some other useful inflation metric
Simply a one-time jump isn’t going to accomplish all that much in the long run.
Bring it up even to where it was along side inflation, (big jump,) and have an annual little jump baked in each year.
I agree, it has little to do with it. I was just addressing the idea that the federal minimum wage being the only lever to play would not have a massive positive effect on a huge percentage of workers.
The AFL-CIO, which is only demanding a $15/hour minimum wage says that if it kept up with inflation, it would be $24/hour.
https://aflcio.org/what-unions-do/social-economic-justice/minimum-wage
Based on that, the bare minimum someone working full-time should be making is a little less than $50,000 a year. And if the government used that ‘only lever to play,’ and it would still be less than the $68k that is needed to ‘live comfortably.’
https://thehill.com/business/4059025-an-average-american-income-may-no-longer-cut-it/
From the article…
Says nothing about loss in hours.
Remember, when you’re paid hourly, you can lose hours and not lose pay.
Unless the employment contract already has guaranteed hours.
I’m assuming that’s covered as a part of this…
And you’d be wrong. Companies would still be paying them at whatever rate they were paid at. Most jobs don’t come with specifically guaranteed hours, however.
It’s a technicality, yes, but it’s also a very important distinction. They’re not losing pay. They’re losing hours. The consequence is the same; but short of minimum wage increases; there’s no mechanism for the US Government to dictate wages to individual companies. Particularly when they were never party to that contract in the first place.