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 - Tractor Profile: Farmall M - by Staff. H so that mountable implements were interchaneable. The Farmall M was most popular with large-acreage row-crop farmers. It was powered by either a high-compression gas engine or a distillate version with lower compression. Options included the Lift-All hydraulic system, a belt pulley, PTO, rubber tires, starter, lights and a swinging drawbar. It could be ordered in the high-crop, wide-front or tricycle configurations. The high-crop version was called a Model MV.
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