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 : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Sdgla who wrote (976234)	10/29/2016 6:21:55 PM
From: J_F_Shepard	Read Replies (2) \| Respond to of 1572545

If I read you correctly you're saying you must lay 3 people off to give a raise to two people? Put some numbers on your scenario... five people making min wage of 8/hr is 320 x 5 = 1600 Giving the 5 a raise to 10/hr would cost 400 x 5 = 2000 so you are going to lay off 3 people? Using the layoff route, laying off one would leave you with a payroll of 400 x 4 = 1600 exactly what you were paying 5 at 8/hr.... But you have lost the productivity of 1 employee or 20% of what 5 where doing? How will you make up that 20%? And you want to get rid of 3 people and take a hit of 60% in productivity?