COSTCO showing America the way RAISES base pay from $15 to $16 per hour

Discussion in 'Political Opinions & Beliefs' started by 61falcon, Feb 25, 2021.

  1. doombug

    doombug Well-Known Member

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    All the major retailers are for a higher minimum wage. They are pushing so they can run small business out of business.
     
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  2. Bullseye

    Bullseye Well-Known Member

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    Exactly! Voluntary wage hikes are the way to go.
     
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  3. Bullseye

    Bullseye Well-Known Member

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    Like all businesses they believe in making a profit. If you don’t think you save at least $118 at COSTCO, don’t go.
     
  4. 61falcon

    61falcon Well-Known Member

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    Costco doesn't charge $110 a year to shop there it's only $60.
     
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  5. Alchemist

    Alchemist Well-Known Member

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    If they chose to do so and offered service you don't get in the free line. Isn't that capitalism?
     
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  6. 61falcon

    61falcon Well-Known Member

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    Those who shop at Costco and Sam's Club apparently feel that the cost of membership is more than compensated by the regular savings they provide them.
     
  7. OldManOnFire

    OldManOnFire Well-Known Member

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    This has zero to do with 'sharing wealth'??

    All businesses pay whatever labor rates are required in order to attract and sustain qualified labor to satisfy demand. Your analogy is tantamount to Costco getting a quote to buy toilet paper for $5/package, then paying $10/package simply because they wish to 'share the wealth'. Any manager of this methodology will be fired! There are myriad ways to incentivize labor without 'giving away' money in wages...all of them 'sharing the wealth' if and when the wealth is available to give.

    I challenge you next time you eat at a restaurant and your check is $20...just give them $40 and see how you feel...
     
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  8. 61falcon

    61falcon Well-Known Member

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    Of course it has to do with sharing the wealth but sadly most corporations only share the bulk of the wealth at the executive level.
     
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  9. kriman

    kriman Well-Known Member Past Donor

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    What proof do you have that it is for "sharing the wealth" and not purely a business decision?
     
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  10. Creasy Tvedt

    Creasy Tvedt Well-Known Member

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    Costco employs half the number of workers per square foot as Wal Mart. The vast majority of Costco stores are located in affluent suburbs, and the target demographic of Costco is wealthy suburbanites buying in bulk.

    So that's the business model that allows Costco to pay their employees so well-

    Very few employees selling lots of bulk products to rich people.

    So that's what businesses should do if they want to pay their employees better- leave the poor neighborhoods, fire half their employees, and cater to wealthy suburbanites.
     
    Last edited: Mar 1, 2021
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  11. 61falcon

    61falcon Well-Known Member

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    And who does C0stco have to thank when their stores prosper and make good money, why that would be their rank and file employees, so they reward them, as they should, and raise their pay.
     
  12. Creasy Tvedt

    Creasy Tvedt Well-Known Member

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    And they did.

    Costco caters to a higher-income clientele who expect better customer service, and well-paid employees provide better customer service.

    Customer service isn't as much of a concern for business models such as Wal Mart, where low prices are the primary concern, and customer service is expected to be crap.

    And that's why Wal Mart pays less than Costco.

    It's one of those "You get what you're willing to pay for" things.
     
  13. 61falcon

    61falcon Well-Known Member

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    I certainly wouldn't classify Greater Philadelphia as a high income area yet there are several Costco's in the area all seeming to do reasonably well.
     
  14. kriman

    kriman Well-Known Member Past Donor

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    Who do the employees thank when they have a job?

    Again, what proof do you have that they are doing it any more than just as a business decision?
    "Several stores" does not mean much one way or the other. Several usually means around three. That is not very many stores for a large metropolitan area. .

    Check California. They have around one hundred and fifty Costco stores and around thirty five Sam's Clubs where the cost of living is very high..

    Walmart raised their pay scale a few years ago. By your logic, they must have done it solely to benefit their employees.
     
    Last edited: Mar 1, 2021
  15. mitchscove

    mitchscove Well-Known Member Donor

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    If 60% of neighborhood grocery stores can be shuttered and stocking in the remaining stores can be done with forklifts, the pay for the remaining workers would skyrocket.
     
  16. Creasy Tvedt

    Creasy Tvedt Well-Known Member

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    I'm not going to waste my time nitpicking each Costco location with you. The fact is that Costco caters to wealthy people.
    Costco's business model is such that they can run a store with very few employees(relative to other retailers/wholesalers) and they can pay those employees more because they make higher revenues by catering to a wealthy clientele.

    Not all business models are created equal. It's not like every business is popped out of the same mold.

    The fact that a salesman at a Lamborghini dealership in Beverly Hills can make $200,000 in annual salary doesn't mean that the schlub selling used Chevy Malibus in Pennsyltucky should also be paid $200,000.

    This is Economics 101-level crap. That's a textbook you really need to crack.
     
    Last edited: Mar 1, 2021
  17. 61falcon

    61falcon Well-Known Member

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    What about our tipped workers who right now in states like Pa. which go by federal minimum wages TIPPED workers ate only guaranteed $2.13 cents an hour which is positively disgusting. As is $7.25 per hour.
     
  18. Creasy Tvedt

    Creasy Tvedt Well-Known Member

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    I agree with that. The tipped worker racket is terrible. We should definitely shift over more towards the European model.

    But we don't need the government sticking their noses into that and just making a mess of it. That's something that needs to be worked out between the employers, workers and unions, and the customers too.

    That will require a huge cultural shift to make it happen.
     
    Last edited: Mar 1, 2021
  19. 61falcon

    61falcon Well-Known Member

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    We have an entire history of our nation to prove that waiting for the majority of those who hire and pay workers to VOLUNTARILY raise wages just does not work, GREED always gets in the way. Without federal laws we would still have children working in coal mines or similar undesirable occupations.
     
  20. Creasy Tvedt

    Creasy Tvedt Well-Known Member

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    Is there any limit to it? Is more government intervention, and more laws, ALWAYS more better?

    The Russians tried out the MOAR GOV'MINT! model.

    It didn't end well.
     
    Last edited: Mar 1, 2021
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  21. 61falcon

    61falcon Well-Known Member

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    We are not asking for another law just a financial adjustment to the currently existing one.
     
  22. Ddyad

    Ddyad Well-Known Member

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    COSTCO has clearly been given too many tax breaks.
     
  23. Doofenshmirtz

    Doofenshmirtz Well-Known Member Past Donor

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    I have been a member for many years. I see the same employees and the experience is consistent. Not everything there costs less. They lose money on the rotisserie chicken, bit shoppers must walk through the entire store to get one.
     
  24. 61falcon

    61falcon Well-Known Member

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    My son in law tells me they have great rotisserie chicken.
     
  25. Collateral Damage

    Collateral Damage Well-Known Member

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    So by paying people who aren't working more, they will suddenly have jobs?
     
    Last edited: Mar 1, 2021

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