Comments on: On minimum wage: Mind the Gap http://blogs.reuters.com/great-debate/2014/02/27/on-minimum-wage-mind-the-gap/ Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: catherinekylie http://blogs.reuters.com/great-debate/2014/02/27/on-minimum-wage-mind-the-gap/#comment-84990 Tue, 25 Mar 2014 11:44:54 +0000 http://blogs.reuters.com/great-debate/?p=28526#comment-84990 Gap’s management has authorized share repurchases worth $1.1 billion in November year 2013, and the repurchased will be conducted in FY14

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By: DaleG http://blogs.reuters.com/great-debate/2014/02/27/on-minimum-wage-mind-the-gap/#comment-84398 Mon, 03 Mar 2014 15:09:35 +0000 http://blogs.reuters.com/great-debate/?p=28526#comment-84398 This column seems pretty wrong-headed to me. This is an apples to oranges comparison–market-based wage increases vs. compulsory wage increases. The Gap’s choice to raise wages was driven by the market considerations. Minimum wage opponents could just as easily suggest that this trend suggests that a minimum wage increase is unnecessary because the market will drive up wages without federal intervention.

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By: FlamingLiberal http://blogs.reuters.com/great-debate/2014/02/27/on-minimum-wage-mind-the-gap/#comment-84353 Sat, 01 Mar 2014 16:18:11 +0000 http://blogs.reuters.com/great-debate/?p=28526#comment-84353 Minimum wage must be raised by $1.50 every year automatically by law as well as income taxes. Government should force companies to LOWER wages to minimum wage level so EVERYBODY is working for the same rate.

Skills and work ethic should never matter as the government should be the one who dictates what wage is paid to workers.

No one should ever be making more than the next person. Everyone should be equal and this is a great way to get that going.

Income inequality is real and must be dealt with by the government to prevent these evil and greedy companies from making profits.

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By: donfievet http://blogs.reuters.com/great-debate/2014/02/27/on-minimum-wage-mind-the-gap/#comment-84320 Fri, 28 Feb 2014 17:26:22 +0000 http://blogs.reuters.com/great-debate/?p=28526#comment-84320 Government shouldn’t be telling business how much to pay their employees. Market forces should dictate that. It increases how much we all pay for goods & services thus making everybodys earnings worth less.

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By: mmcg http://blogs.reuters.com/great-debate/2014/02/27/on-minimum-wage-mind-the-gap/#comment-84319 Fri, 28 Feb 2014 17:18:29 +0000 http://blogs.reuters.com/great-debate/?p=28526#comment-84319 Companies at one time focused on employees first, shareholders second. Over the last decade or so, it moved to shareholders first, employees second. Good to see the focus returning to employees first.

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By: zotdoc http://blogs.reuters.com/great-debate/2014/02/27/on-minimum-wage-mind-the-gap/#comment-84315 Fri, 28 Feb 2014 15:42:16 +0000 http://blogs.reuters.com/great-debate/?p=28526#comment-84315 Your comparison of a the benefit of a government mandate to pay a “minimum wage” to a company that pays its employees more than minimum wage is specious at best. We are talking two different types of jobs here. Entry level minimum wage jobs are for college students looking for less than full time employ or those with no skills. They are the type of worker that misses work because they got wasted at the party the night before, are routinely late for work etc. I have never paid any of my employees minimum wage because the jobs I offer require that the worker be past all that and that they be responsible and forthright and that they come with a certain set of skills that I need to run the company. This is not the same as saying that I am in favor of paying more to people seeking entry level jobs, for at the entry level the wage should be set by the market place – for any job for those not working is better than a government mandated wage that prevents entry level jobs being created in the first place.

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