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Old 07-25-2007, 09:48 AM   #47
AnimeSpirit
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I can agree that if a company can't afford to pay the higher wage, than they will likely increase the cost of their goods. However, if the company pays higher than minimum wage to begin with, they could expect a more generous productivity from their employees, thus higher income for the overall company. When such minimum wage raises like this come along, the company would not be effected in the least.

It's really a competition between worker and boss. Both are trying to make more money from the other. If the boss demonstrates that he is willing to toss a bone once in a while, than the worker will likely work harder. After that, it is up to the boss to decide if the worker's performance meets the reward.
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