Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: RMF who wrote (46927)	6/26/2013 9:38:33 AM
From: TimF	Read Replies (1) \| Respond to of 85487

I'm talking about essentially keeping people on-call all the time and therefore not allowing them to work any OTHER jobs. I'm talking about that too. I'm not condoning the action, even in the context of the government regulations and legislation, but without them it probably wouldn't happen. Companies are very unlikely to make things more difficult for their employees just to make things more difficult. Even if the people making the decisions about companies care nothing about their employees (which typically isn't really the case even with relatively low pay and transient jobs), they care about the bottom line. Making things more difficult for employees reduces the supply of labor available to you at any given price (wages, and benefits and perks broadly defined, to not only include things like insurance and 401K matching, but also anything else an employee would value, a well set up break room, a nice looking office, free coffee, flexible hours, whatever, anything that cost money for the company that the employees would appreciate) and so increases the price you have to pay to get the employees you want. Minimum wages (esp. "living wage" laws) - Can force the minimum pay high enough that employers have to pay more and don't have to bother about other benefits and perks. Obamacare and other government actions that increase the cost for full time employees - The companies want coverage of certain busy times. Full time employees might work through all the busy times, when they have to cut back hours to avoid large costs, they may try to bring employees in just for the busy times. Higher costs from other laws and regulations - Decrease the incentive for companies to spend money and make efforts to benefit or accommodate lower skilled employees.