B.C.'s minimum wage will still increase in June to $14.60

Phonophoresis wrote: ↑ Good news..... especially for the businesses that are already struggling to make it though COVID...

blaznazn22 wrote: ↑ A business that isn't making any sales has more to worry about than minimum wage.

Redsanta wrote: ↑ Ya so they just closed thus eliminating jobs that just got a raise

Phonophoresis wrote: ↑ You're completely right. How silly of them. Let me spread the word that these businesses should ignore any government directives and focus on eradicating COVID for us with all their might.

Maybe then they'll be able to stomach this minimum wage increase.

blaznazn22 wrote: ↑ Businesses don't create jobs. The economy does. If the economy is healthy, it can support more businesses and that is what causes workers to be hired. Some people have this dumb belief that businesses just create jobs out of their rear ends, like they are gods or something. The point of every business is to NOT hire while milking as much profits as possible. And at the end of the day, the economy decides if a business will be successful or not. The economy creates jobs.

The question you should be asking is when people will go out and about, behave normally instead of shutting themselves in, so that the economy improves and businesses become profitable again.

blaznazn22 wrote: ↑ Minimum wage has absolutely nothing to do with a businesses sales. The business doesn't eat those costs, they always pass it on to the consumer instead. At the end of the day, minimum wage increase has very little impact on most people or even on a business. A burgers price might go up by 20 cents, but people will still buy that burger.

A business that isn't making any sales, as in the current situation is in far more trouble than any min wage increase. You can fire workers easily, scale up and down the labor as needed. Especially min wage workers who usually have no protection. What you can't change is 0 sales because the economy is crap.

Also one more thing. Minimum wage doesn't affect any business unless its exports oriented AND supply out paces demand. For the domestic market, minimum wage has almost 0 affect on a business.

Phonophoresis wrote: ↑ It amazes me how you continue to completely ignore over the entire COVID situations. You cannot apply typical economic theories and models to a situation with an extraordinary circumstance.

If a company has been mandated to shut down, and there are no sales, you’re calling this the company’s fault for not making sales. How ridiculous.

Let me reduce the problem into a simpler solution. You’ve been laid off from your job, and now are on a fixed income with CERB ($2000/month), at no fault of your own.

You have kids, still have your car to pay, your groceries, utilities, etc. Suddenly, your landlord also gives you notice your rent will be increasing.

If you cannot see that an action that increases your expenses will cause potential hardship, especially during a time where there are many uncontrollable factors at play where one will have immense difficulty increasing their sales, we have nothing more to discuss.

blaznazn22 wrote: ↑ Minimum wage has absolutely nothing to do with a businesses sales. The business doesn't eat those costs, they always pass it on to the consumer instead. At the end of the day, minimum wage increase has very little impact on most people or even on a business. A burgers price might go up by 20 cents, but people will still buy that burger.

A business that isn't making any sales, as in the current situation is in far more trouble than any min wage increase. You can fire workers easily, scale up and down the labor as needed. Especially min wage workers who usually have no protection. What you can't change is 0 sales because the economy is crap.

Also one more thing. Minimum wage doesn't affect any business unless its exports oriented AND supply out paces demand. For the domestic market, minimum wage has almost 0 affect on a business.

TuxedoBlack wrote: ↑ Minimum impact? How many small businesses do YOU own / operate?

Phonophoresis wrote: ↑ It amazes me how you continue to completely ignore over the entire COVID situations. You cannot apply typical economic theories and models to a situation with an extraordinary circumstance.

If a company has been mandated to shut down, and there are no sales, you’re calling this the company’s fault for not making sales. How ridiculous.

Let me reduce the problem into a simpler one. You’ve been laid off from your job, and now are on a fixed income with CERB ($2000/month), at no fault of your own.

You have kids, still have your car to pay, your groceries, utilities, etc. Suddenly, your landlord also gives you notice your rent will be increasing. Are you telling me that’s your problem, and you should just increase your income?

If you cannot see that an action that increases your expenses will cause potential hardship, especially during a time where there are many uncontrollable factors at play where one will have immense difficulty increasing their sales, we have nothing more to discuss. One must always consider contextual factors, and it doesn’t seem like you care to.

blaznazn22 wrote: ↑ Yes minimum impact. When you raise prices because of minimum wage, other businesses also do the same thing. You raise prices, the net profit stays the same. There might be an adjustment period, where you gradually increase the price, but end of the day thats what happens.

Some business owners won't be happy until min wage is $0. Actually nowadays, they're complaining about not being paid to hire workers.

Also, I have my own side gigs so I guess you can consider self employment income as business.

Messerschmitt wrote: ↑ $15.20 per hour 1st june 2021.

Liquor servers is also $15.20 per hour. Therefore, STOP TIPPING! This is not US where they make $2 an hour and live off tips.

divx wrote: ↑ the fight for $15 crowd can finally claim victory.

Messerschmitt wrote: ↑ $15.20 per hour 1st june 2021.

Liquor servers is also $15.20 per hour. Therefore, STOP TIPPING! This is not US where they make $2 an hour and live off tips.

divx wrote: ↑ the fight for $15 crowd can finally claim victory.