LogFAQs > #956526420

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Topic	$15/hr becoming normal wage as employers struggle to hire.
3PiesAndAFork 07/27/21 9:20:18 PM #45:	Bleuets posted... thats the issue, you think they have to raise prices in order to pay their workers more. As the other poster said, they wouldnt even have to raise prices and could still afford to do so. You gotta change your mindset. It will not have as little an impact on their bottom line as you think. For publicly traded companies to pay their employees more, the shareholders still have to be appeased. Ergo, raising the prices to pay for the increase in salary and also more profit for the company = shareholders happy. --- @('_')@ <cite>3PiesAndAFork posted [p:956526420] in $15/hr bec... [t:79586155]...</cite> <quote>Bleuets posted... </cite> <quote>thats the issue, you think they have to raise prices in order to pay their workers more. As the other poster said, they wouldnt even have to raise prices and could still afford to do so. You gotta change your mindset.</quote>It will not have as little an impact on their bottom line as you think. For publicly traded companies to pay their employees more, the shareholders still have to be appeased. Ergo, raising the prices to pay for the increase in salary and also more profit for the company = shareholders happy. --- @('_')@</quote> ... Copied to Clipboard!
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