A handful of major businesses — including Chase, Target, Walmart and Starbucks — are voluntarily increasing their workers’ wages. But, as the Washington Policy Center points out, it’s never seems to be enough for some minimum wage advocates. The Washington Policy Center:
“To put it in context, Chase will raise the minimum pay for employees to between $12 and $16.50 an hour for both full and part time workers. Starbucks will increase their employees’ total compensation by up to 15%. Target increased their minimum starting wage to $10, and Walmart’s wage hikes will result in an average full-time hourly wage of $13.38, and an average part-time hourly wage of $10.58.”
Yet, despite the significant increase, liberal Seattle billionaire Nick Hanauer’s blog only said that the hikes would only make the companies “slightly less predatory.”
We assume — by its statement — that the blog would call their deep-pocketed funder “predatory” as well. You see, Hanauer doesn’t pay his employees $16 per hour, $13.50 per hour, or even $12 per hour.
According to reports, “entry-level, unskilled workers at [Hanauer’s] company in North Carolina start at $7.50 per hour, while higher-skilled workers earn upwards of $11.”
Oh, the hypocrisy of it all. But don’t tell any of Hanauer’s local friends – they love to cash his checks.
