One thing nobody has addressed with the higher wages is the cost of everything associated with the wages. i.e. workers comp and general liability insurance, SUTA, FUTA, and the employers contribution to social security and Medicare. They are all a % of the total wages. SS & Medicare are more than 7%, workers comp VARIES depending on the job, office workers only a few %, construction workers near 20%. Not to mention other benefits like health insurance, 401K, etc. So a $3 raise can easily cost an employer $4.50 to $6.00.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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