this post was submitted on 07 Feb 2026
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Work Reform

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[–] MajorasMaskForever@lemmy.world 3 points 5 hours ago

Your math is right but scales are off.

Dollar raise a year? Yeah, $1 * 100 * 80 = $8000, and to a lot of businesses that's peanuts. It's also peanuts to the individual employees, if you work full time federal minimum wage you make $15600, an extra dollar wont make a difference there.

Increase hourly wage by a dollar, and to the business that becomes $1 * 40 * 52 * 100, that's $208,000 annually they're paying out