Supply and demand does not work when free money is given out excessively. What did the powers that be think would happen? Unless their end goal is to inflate away debts. Or care more about getting re-elected then doing what’s right.
Or care more about getting re-elected then doing what’s right.
Supply and demand does not work when free money is given out excessively. What did the powers that be think would happen? Unless their end goal is to inflate away debts. Or care more about getting re-elected then doing what’s right.
As long as Disney is paying the required minimum wage there is no legal obligation to raise the wages. However according to this chart Disney is paying much more than minimum wage.Amid a huge lawsuit, concerns emerge about Disneyland’s employee pay
'Every time we get to the end of the month, I have to choose what bills to pay.'www.sfgate.com
Job Title | Range | Average |
---|---|---|
Administrative Assistant | $13 - $23 (Estimated *) | $17 |
Controls Engineer | $16 - $32 (Estimated *) | $24 |
Custodian | $9 - $15 (Estimated *) | $11 |
Customer Service Team Leader | $8 - $19 (Estimated *) | $13 |
Electrician Journeyman | $25 - $52 (Estimated *) | $36 |
Head Cashier | $10 - $16 (Estimated *) | $12 |
Head Chef | $15 - $31 (Estimated *) | $22 |
Answer: YES. The supply of people/players that are at the level of all those major leagues is VERY LOW, while the demand is fairly consistent. The positions in demand do nto require a college degree.Supply & Demand Theory. Is this why every major league players in baseball, hockry, tennis, football, golf & basketball average salaries are more than most college gradutes. LOL.
How many major league players have a college degree?????
What % have a college degree????
This looked good for Disney employees under their umbrella. Now how much does Disney pay hourly contract workers ? I feel that this is what this thread and this problem is all about. Low pay for hourly contract workers , with no benefits.As long as Disney is paying the required minimum wage there is no legal obligation to raise the wages. However according to this chart Disney is paying much more than minimum wage.
The Disneyland Resort Jobs by Hourly Rate
Job Title Range Average Administrative Assistant $13 - $23 (Estimated *) $17 Controls Engineer $16 - $32 (Estimated *) $24 Custodian $9 - $15 (Estimated *) $11 Customer Service Team Leader $8 - $19 (Estimated *) $13 Electrician Journeyman $25 - $52 (Estimated *) $36 Head Cashier $10 - $16 (Estimated *) $12 Head Chef $15 - $31 (Estimated *) $22
I can remember in 60's I made made more money then some NFL Football players.Answer: YES. The supply of people/players that are at the level of all those major leagues is VERY LOW, while the demand is fairly consistent. The positions in demand do nto require a college degree.
The supply of college of graduates (many with very low grades and very high student loans) is VERY HIGH, while the demand is fairly consistent.
ECON 1A.
As long as Disney is paying the required minimum wage there is no legal obligation to raise the wages. However according to this chart Disney is paying much more than minimum wage.
The Disneyland Resort Jobs by Hourly Rate
Job Title Range Average Administrative Assistant $13 - $23 (Estimated *) $17 Controls Engineer $16 - $32 (Estimated *) $24 Custodian $9 - $15 (Estimated *) $11 Customer Service Team Leader $8 - $19 (Estimated *) $13 Electrician Journeyman $25 - $52 (Estimated *) $36 Head Cashier $10 - $16 (Estimated *) $12 Head Chef $15 - $31 (Estimated *) $22
Demand wasn't the same back then. NFL wasn't bringing in 12 billion a year.I can remember in 60's I made made more money then some NFL Football players.
Players liked Johnny Unitas and Lenny Moore worked off-season selling automobiles to supplement their income.
Not sure where you got this chart. As of 1/1/21, minimum wage in CA is $14/hr.
Also, I wouldn't call $11/hr for a custodian or $12/hr for a HEAD cashier to be anything special.
This is not a new game. Happened in a place I worked around 2003.They didnt care about the optics of bringing in foreign worker visas to replace their IT staff at lower salaries, then forcing the laid off staff to train their replacements or lose severance, so i doubt they care about the optics of this lawsuit.
And the players have a union. Unions brought us the weekend, rules against child labor, and the middle class. I wouldn’t be so quick to knock them.
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Unions are in the game only for union leaders. I worked for a non union company that paid employees an average hourly wage of $20 per hour plus full benefits. Our company looked at buying a competitor in the same state making the same product. That company had a union and was paying their employees less than $10 per hour and the employees had to pay $300 per month for family health care. Why. We had a union drive at our company by this union but once we had meetings with employees and outlined the actual differences in wages and benefits the union withdrew and left town. The union can only negotiate with the company but can not get anything from the company that the company doesn't agree to. Anytime a company has a union it cost the company more to produce. That is not because of higher wages but more because of slowdowns in production, strikes and unnecessary grievances by the union which impacts production. There is a reason that union participation has shrunk from 20% to around 10% in the last few years. Unions don't protect employees it is state and federal laws that protect employees. Our company policies were much stricter than any union could provide. No employee could be terminated without first being suspended for three days and the termination reviewed by local HR and the Corporate HR Director had to review and sign off for someone to be terminated. That applied to all levels of positions in the company including custodian up to Plant Manager.Unions do protect employees as since their demise, it is work people to death and pay them as little as possible. It's time for employees to have some power. It's not unreasonable for human beings to seek Personal Life vs work All The Time for little benefit. USA is a bit whacky with that, where business is now king and we are all serfs to feed the king.
... Unions don't protect employees it is state and federal laws that protect employees...
History is exactly that history. Unions were good in their earlier beginning but they have outlived their reason for existence. They have cost many employees their jobs by promising all kind of higher wages and benefits to employees they can't deliver and then the employees lose their jobs by the company closing or relocating. A good example is Toyota. Toyota had one union manufacturing plant and that plant was in California. Guess what happened? Toyota closed that plant and moved it to Texas. Guess how many union manufacturing plants Toyota has in the USA now? Zero.Anthracite coal strike of 1902 - Wikipedia
en.wikipedia.orgPullman Strike - Wikipedia
en.wikipedia.org
Checks and balances. Read our history.
I lived in an At Will state, so, no, state employment laws are not actual employee protection. Further, a crafty HR plus corporate lawyer could squash or drag out to my bk an actual grievance. Employees have zero power. Except to quit, which I have, many times.
I have never been union, it's the concept of employee lobbyist that appeals to me. Like anything else, there are cranks and kings, and leadership matters.
There are no job saviors. Plenty more than automakers have sent their jobs overseas for cheaper labor. Ever had to train your less qualified replacement that struggled with English, else lose your severance? The days of loyalty are gone. Both ways. Profits over people now, and all people can do is vote with their wallets and feet. Partly why I own stock is to get a cut of profits from many companies, since there was never much chance of my own employer sharing profit with me. I would rather spend my consumer dollars with companies that value their employees, but who the heck is that anymore?? Costco. and ... ???