Originally posted by Doktor
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Joe's making $16 an hour, 2.21 times the national $7.25 minimum wage.
Bob make's $12, 65.5% more than the minimum.
Minimum wage goes up to $15.
Joe might rightly expect that his experience, skills and / or education make him now worth $33.15 an hour, and Bob $19.85. While an employer might get away with offering Joe $25 and Bob $17, there is a risk to morale, turnover and other bad things.
But, since five people making $8 an hour were let go when the economy turned sour, and now that things are picking up are being hired back at $15, the company's going to have to find some way to control costs.
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