Quote:
Originally Posted by polak
Jims business has fixed it's budget for labor at $30 hr. Instead of exploring other avenues to increase margin, he cuts staff. Cutting staff will lower the customer serivce at his business', most likely lowering sales even more. Why should we feel like he should get to underpay his employees to protect his profit margin?
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Such as?
On top of the increased labour costs he is facing higher taxes, higher utility costs and lower demand as the economy tanks. How big do you think Jim's profit margin was to be able to weather all those storms?
Quote:
Originally Posted by polak
Any business lost by Jim will be picked up by other hardware stores. Other hardware stores will need more people to handle the growing business.
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It's be picked up by big box stores that don't pay any higher of wages and a lot of them ship any profits out of the country. Who exactly wins there?
Quote:
Originally Posted by polak
Everyone wins but Jim. Cause Jim is a ####ty business owner.
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Are you for real?