09-25-2016, 11:36 PM
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#3345
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Not a casual user
Join Date: Mar 2006
Location: A simple man leading a complicated life....
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MAXIMUM IMPACT
Quote:
Miniumum-wage increase isn’t $1-per-year increase as many people are stating, it’s $1.15 per hour. Every hour that an employee works will cost the employer $1.15 per hour. I own a small restaurant, and in 2015, I used 25,933 individual hours. Plus the UI, CPP, and WCB, that $1 per hour cost me over $31,000. Now the wage is going up another $1/hr. so that’s another $31,000, so that’s $62,000 extra expense in two years. Next year, another $1.40 per hour. So that will be $130,000 in three years. I’m so sick and tired of everyone saying it’s only $1/hour. It’s $130,000 gone from the bottom line. We don’t make that much. So, hours have to be cut, staff has to be let go. The problem with NDP supporters as they only see $1/hour, I see $130,000 and bankruptcy. I totally agree everyone should be able to put food on the table and feed their kids. When did it become the small-business owner’s responsibility? It’s the government’s responsibility. The year after another $1.40, do the math, it’s death to small business.
Gerry Champagne
(Small-business owners have been sounding this alarm for a while to deaf ears in Edmonton.)
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http://www.calgarysun.com/2016/09/25...r-sept-25-2016
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