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Is the "wage floor" really a good idea?

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By Sept. 7, 2015 10:29 p.m. The push to pay $15 per hour for the new arena work seems to reast on the idea that $15 per hour is the amount of money that a worker can live on comfortably. It's about $30,000 per year. What is odd about this is that the focus of how that wage is decided is based upon what the employee needs rather than what the position is worth to the company. This is a new way of setting wages. Normally, it is not the employee that is measured; it is the role they are fulfilling in the company. The receptionist is a role; a machinist is a role. Each role has a value matrix. The value matrix is about the contribution to the operation of the...

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