Which sets up a downward spiral of wages. If I’m making $10 an hour, you fire me and hire someone for $7, what’s to stop you from firing them and hire someone for $6? Where is the floor for wages? I mean... I don’t like cops in the least. But why should we continually accept doing the same work for less and less money?
“Which sets up a downward spiral of wages. If I’m making $10 an hour, you fire me and hire someone for $7, what’s to stop you from firing them and hire someone for $6? Where is the floor for wages? I mean... I don’t like cops in the least. But why should we continually accept doing the same work for less and less money?”
The floor is the point where nobody of any quality is willing to take the job. As an employer, you expect a certain quality of an applicant, if there is nobody of the quality you expect willing to work for the pay you are offering, then you offer more.
Because the mention of cutting the wages or laying off the most important employees in a community (firefighters included) when budget cuts are required, is designed to promote the most outrage from the citizens who would normally support such cuts and defer attention from the city govt. employees in all other non public safety departments who should be considered useless overhead and the real targets of those cuts......
Supply and demand. When people stop doing the job for less money, you stop offering less. Example is the recent thread where some employer was lamenting the inability to hire people to do long cold boring work (shelling crabs) for minimum wage: well, if people won't do it for that price, it's worth more than that.