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Pros And Cons Of Raising Minimum Wage

477 Words2 Pages

People never think of the cons that come with raising minimum wage; they only think about how they could profit from it. Servers at "Waffle Now" eating establishment, have complained about how they need a more plentiful pay. I understand that with giving a higher wage, it creates people's pockets to become bigger and they could thrive on all their responsiblites. But, with extending the wage, this comes with amping up prices in the restaurant, have a shortage of staff , while also cutting hours or people possibly from their job. Pay more could potentially set back this restarunt that already isn't flourish the way it should.

Employees are regular people too and they feel they should get paid at non- tipped minimum wage fr such hard work and to manage the cost of living. Needless to say, yes, life does get expensive, but unless a person has more then one job, it can be extremely stressfull to survive off of a minimum wage paycheck. Also, Waffle Now has a low profit margin; People can not expect to make more money when the restaurant isn't profiting that much itself. Paying Employees is already very costly to most companies in general- the greatest expense for overall restaurants. …show more content…

Let' say the restaurant manager decides not to raise menu prices, although, because of his decision he has to terminate some staff due to expenses . Now, people have higher pay, or some have NO pay or source of income, because they are unempolyed . Another reason, Increasing wage can and would effect people poorly, it could cause a shrinkagein hours resulting in the same amount of money a person was making before. An employee would be making the same amount of money with excelled pay, because the hours they had before, would no

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