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TopicMinimum wage versus National Annual Wage
Raddest_Chad
02/14/21 11:42:50 PM
#27:


I think an annual min. salary is probably better, because it'll allow for more flexible work ours. It would need to be implemented in tandem with adjustments to part-time vs. full-time status requirements and other variables so employers don't take a person that at 40h/week would bring in $100k annually, but then give them the required amount to get away with only paying them 40k (assuming that would be the min. for skilled labor) and just hire two people, pay each one less, and save $20k per year. It would need a lot of considerations regarding worker protections, but makes more sense. Likewise, they'd need to classify jobs differently for annual wages.

Entry level stuff like fast food or retail should not carry the same annual income as a teacher or a mechanic or something. That would be absolutely stupid. A class system really would need to exist, but the mobility would be there as well as the guaranteed incentive of "go to school, move into a high class, and definitely be farther ahead." The gov't would win by having more high tax payers and businesses would have more skilled, enthusiastic workers.... in theory lol
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