Social Security on the chopping block Message Board

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Politics : Social Security on the chopping block

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To: tonto who wrote (21)	6/14/2005 9:33:43 PM
From: Don Earl	Read Replies (1) of 35

This argument is getting silly. For a rough ballpark figure, it costs the average employer about the same amount extra to employ you as your wages, for example, if you make $10 per hour, it costs your employer $20 an hour to have you on his payroll. Social Security is only part of it. There is a long laundry list of things like workman's compensation, insurance, etc. that make it very expensive to hire anyone at even the lowest wages. Obviously, it's in an employer's best interest to hire and retain the best people he can for the dollars he has available to spend on employees. If an employer's costs to hire workers is low, he can afford to pay more to obtain the best people. Not only can he afford to pay more, he will have to pay more in order to be competitive with other companies who also want to retain the best people. While your boss at Kentucky Fried Chicken may not believe you're worth anything more than minimum wage, regardless of how low his employment taxes are, in the main stream, the lower an employer's costs, the higher the wages.

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