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Old 04-30-2007, 08:49 AM   #1
 
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Default Minimum Wage

I was curious what others think of minimum wage? I remember reading, probably tens years ago now, that then minimum wage has not kept up with cost of living, and should have been something like $10 a hour like 10 years ago.
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Old 04-30-2007, 09:00 AM   #2
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Default RE: Minimum Wage

Red Lion,i'm sureyou realize that the entire world that we know will immediately come to an end if the minimum wage is raised. A burger, fries and coke in OK will rise to $15.00.
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Old 04-30-2007, 09:00 AM   #3
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Default RE: Minimum Wage

I think we should get rid of it. If the states want it, fine, but I don't see a reason for a federal minimum.
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Old 04-30-2007, 09:18 AM   #4
 
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Default RE: Minimum Wage

I do not believe in the minimum wage. I don't feel that it is the role of the government to set the wages for a private business. How would people feel if the government set a maximum wage? Would that be the role of the government too?

Our government reaches into so many places it doesn't belong it's ridiculous.... [:'(]
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Old 04-30-2007, 10:23 AM   #5
 
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So you all think that the economy should drive wages without any government intervention?
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Old 04-30-2007, 10:26 AM   #6
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Default RE: Minimum Wage

Aught Six and Sureianiceskimask: Wow! What clarity of thought! I can honestly say that it has never occured to me that setting a federal minimum wage is not within the scope and limited powers allocated to the congress. And yet it does seem outside their bounds. Why should they legislate a minimum wage? Why not a maximum wage? Why not a maximum CEO salary and maximum CEO performance bonus? What about a maximum profit? Isn't this all centralized economy thinking?

Can anyone say when a federal minimum wage was first legislated?

I think the minimum wage is much ado about nothing, as so many people work above the minimum wage anyway. It seems I've been hearing about people doing routine filing on a part time basis for $10/hour around Dallas, Texas, not the high wage capital of the US.
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Old 04-30-2007, 10:27 AM   #7
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Default RE: Minimum Wage

Well, to some extent the gov't does set a maximum wage, its called income tax brackets. If you exceed a certain point, you get royally hosed.
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Old 04-30-2007, 10:56 AM   #8
 
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I view minimum wage as an unfortunate necessity.
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Old 04-30-2007, 11:06 AM   #9
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You guys got it all wrong. Make minimum wage $100 per hour. Then everbody will get rich.
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Old 04-30-2007, 11:17 AM   #10
 
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[/align][/align][/align][/align]Federal Minimum Wage Change News Alert
Brought to you by Progressive Business Compliance



Be The FIRST to KNOW![/align]Bookmark This Page! When the new minimum wage is passed come back here to see what your new requirements are OR submit your e-mail below and we'll send your new required posting requirements right to your inbox.

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[/align][/align][/align]Last Updated: April 30, 2007 [/align]April 20 - A compromise was reached between the House and the Senate on nearly $5 million in tax breaks for small businesses as part of the proposal to raise the federal minimum wage. This measure is part of the Congress' bill on supplemental spending and troop withdrawal in Iraq - it is expected to pass both houses this Friday and go to Bush early next week for his signature.

March 29 - The U.S. Senate voted 51 to 47 to approve a similar bill to the House of Representative's bill on supplemental spending and a troop withdrawal deadline for the Iraq war, plus the proposed federal minimum wage increase and tax breaks, along with other items. The House and Senate must now agree on a bill before it goes to President Bush to sign into law.

March 23 - The House of Representatives voted 218 to 212 to approve a supplemental spending bill and troop withdrawal deadline for the Iraq war and, as a result, also approved the proposed federal minimum wage increase and tax breaks which were included in the bill. It now goes to the Senate for a vote.
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PRE-ORDER NOW [/align]March 15 - The House Committee on Appropriations approved a supplemental spending bill for the Iraq war which includes the proposed federal minimum wage increase and tax breaks. The House is likely to vote on this bill next week.

February 16 - The House of Representatives voted 360-45 to pass a $1.4 billion package of small-business tax cuts which should help to ease the passage of the federal minimum wage increase in the Senate. Now the House and Senate must work together to craft a bill that will pass both arms of the legislative branch - but they've overcome the biggest hurdle since President Bush favors a federal minimum wage bill that includes tax breaks for small businesses.

February 1 - The U.S. Senate voted 94-3 to increase the minimum wage from $5.15 to $7.25 over a two year span. As expected this bill also includes tax breaks for small businesses. The bill now goes back to the House where the preference is that tax breaks be handled separately.
Pre-Order your Mandatory posters NOW and guarantee you are in compliance as soon as the new minimum wage bill becomes law:

PRE-ORDER NOW [/align]January 30 - In a 87 to 10 vote, the U.S. Senate agreed to end more than week of debate and to hold a vote in the next few days on a bill to increase the federal minimum wage. Democrats have yielded to Republican demands to include tax breaks for small businesses to help cover the cost of increasing the minimum wage. The bill will then go back to the House. January 24 "“ In a 54 to 43 vote, the U.S. Senate struck down the bill to increase in the Federal minimum wage citing the bill's failure to include tax cuts for businesses that employee minimum wage workers. Instead, the Senate will vote on a reworked bill that will include these cuts, and send it back to the House.

January 10 "“ The House of Representatives voted to increase the federal minimum wage from $5.15 an hour to $7.25 per hour in three $.70 increments over a two year span. This bill is now going on to the Senate for their approval and then to President Bush to enact it into federal law.
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What does this mean to you?[/align]Regardless of the size of your company, this change affects you in three main ways:
[*]All non-exempt hourly workers must be paid the new minimum wage for every hour they work.[*]Non-exempt workers paid in other ways (salaried, commission-based, etc.), must be compensated such that their weekly pay divided by the total number of hours worked in the workweek yields an hourly rate of at least the new minimum wage.[*]You are REQUIRED to post notice of the new minimum wage (along with five other notices) in your workplace. Again, this is regardless of your company size. Federal law mandates that all businesses display 6 federal labor law posters (including the federal minimum wage law poster).

Each state has similar mandatory requirements that are not met unless state posters are displayed as well. A change in state minimum wage does not exempt an employer from posting the Federal minimum wage "“ even if the state wage is higher.[*]Employers and their individual managers can face legal liability and stiff fines for violating federal minimum wage laws or mandatory posting requirements [/ul]
We are advising all our customers to return to this page
to find out the latest on the wage change.
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