The company in question is not in Chicago Illinois, so the Federal minimum wage there is currently $8.25 an hour. They are not governed by the City of Chicago’s minimum wage rule.
So starting new employees at $10.75 an hour is starting them at $2.50 an hour over minimum wage with raises up to $11.25 n hour after only 60 days.
Sounds to me that the company is willing to pay its employees.
Fat Donald just requested foreign workers through the department of labor, for his Marred-A-Lago resort in Florida.
Now I must admit the server positions will pay $12.68 an hour. But that doesn’t seem all that much when one considers these workers will have to pay for their travel to get here, of course pay to have a place to live and eat and such. But there is no indication there are any real benefits other than possible overtime, which is not guaranteed.
Maybe hypocrite Fat Donald could hire AMERICANS FOR THESE STOLEN AMERICAN JOBS if he too decided he wanted to pay.
The point I’m trying to make is you cannot compete with Chinese made goods here in the states…you just can’t.
I do have to commend Stack On for trying thou. It worked OK for em when labor pool was larger but in tight labor market as we are seeing today. Not going to happen unless they change their business model.
Not expert in this field, just my opinion knowing tools and equipment.
Seems like a hasty decision. Have the tariffs even gone into effect yet? What if they either don’t go into effect our are rescinded in a short time? Will they then return production to the US? Our are they just using tariffs as a cover excuse to get cheap labor south of the border?
Has anyone checked into this manufacturing company to see how it handles its material supplies?
I mean if it is like many manufacturing companies these days they don’t keep large stockpiles of material on hand so any tariff price fluctuations would be almost immediately felt in their bottom lines.
Haven’t checked with this one of course, but in my industry these purchases are through options/contracts for a certain time period. If the price goes up, the supplier loses on the contract, but if the price goes down the supplier wins. Companies can get hosed on this if there is an unexpected price change beyond the built-in tolerances.
It does take some time and effort to move manufacturing which is why there isn’t a moment to lose. How long do you expect them to lose money before they do something about it?
I hope it’s a good business decision and that he profits from it? It’s too bad though and I know what he’s going through. I hold all of the prior administrations that have done NOTHING to protect our economy, our workforce or our borders and that have placed us in this predicament.
