Sunday, January 3, 2016

WDT: Hospitals and NFP's Carp Over Higher Wages

         In local media, opposition to higher wages will always be focused on concern for not for profits, which get that attractive moniker because of their status with the tax code.
         Mandated higher wages will have an effect there but consider the oft forgotten portion of the economy, small business.
         The 50% overnight hike in the restaurant minimum wage is costing one eatery owner I talked to an extra $30K in 2016.  For larger establishments, the affect on the cost structure is even more.
         Now you can argue these businesses shouldn't have a statutory exemption funded by tips, but that's the system in place and costs for many go up. Others in the industry who have paid above the regular minimum will now face market pressure to pay more.
          Hospitals and NFPs have some of the widest income spreads between who they employ and their upper management, but they will have the ear of the MSM on this issue.
          Note to liberals. Income disparity is not cured by upping the bottom end in this manner.
          Unless of course, those in the upper jobs take a cut to help fund the higher wages mandated at the bottom.
          I hear crickets.
          


http://www.watertowndailytimes.com/news03/it-doesnt-make-sense-15-minimum-wage-could-hurt-north-country-hospitals-nonprofits-20160103

10 comments:

Anonymous said...

There is nothing "liberal" about, one size fits almost all, minimum wage laws by fiat. That's why we call them libtards, libruls or illiberals.

If a pointy headed egghead were to actually examine the economics of each industry by its profits, costs customer, price elasticity and competition, as well as by zipcode, then tailor minimum wages to fit the specifics, you could make the argument they are progressive liberals. But these minimum wage laws passed are mostly driven by jealousy and a simpleton naive view of the economy.

Anonymous said...

The top guys take a pay cut? Not likely. Most likely is cut staff to save money and continue to provide substandard care.
Anyone considering what this is going to do to free profits?
Check out the minimum Exempt wage proposal of $54000 per year. That is a travesty too.

Anonymous said...

Like the local Hospital, whose a NFP and buys a bldg. for 14 million, now were building a parking garage, oh wait lets look at the Urban Mission too., also don't leave out the Chamber..

Anonymous said...

A big disconnect is that the NFP say they will need more funding. Where is the linkage to where the additional funding comes from? The taxpayer who will already be struggling to pay the higher costs being passed on via the higher minimum wage.

Better the NFP gets real with their cost base. Move to cheaper not more expensive space. Downsize admin staffs. Cut out perks like cellphones and travel allowances. In other words act like a real business.

As for paycuts by leadership... not going to happen at the biggest employers. How would they make their personal ends meet?

Ima said...

I'm so sick of hearing about "unintended consequences". Everyone already knows that this is going to drive lots of establishments to lay people off, cut their hours, close early or close for good.
We know it will be harder to buy a gallon of milk at night. Not sure if it's going to be 7pm when you have to drive into town for it, or 11 pm, but it will happen.
We know that cafeterias in the hospitals, schools and offices are going to be greatly affected. You can count on private industry to close their worksite cafeterias but the public ones will just steal more subsidies from the tax payers.

Anonymous said...

Samaritan Medical Systems pays their top gamer almost a million dollars a year in pay and benefits. Screw the workers. And it still takes hours to get checked in. Go to Syracuse.

Anonymous said...

Hey 307 Ive never had a problem at SMC..............

Anonymous said...

Then 702 you must have never been there. bad medicine practiced there.

Anonymous said...

I'm not saying Samaritan has widespread problems. I'm sure there are good people and good doctors practicing there. But for it to take two hours do check in for a five minute blood draw is ridiculous. If you have an emergency, save time and drive to Buffalo. It is a business that always reminds you they are a monopoly. And 7:02, how do you feel about the million dollar CEO, and a gaggle of underlings doing very, very well?

Anonymous said...

For the training, skills, education it takes to become even a CNA, it seems ridiculous for facilities like SMC and JRC to bitch and moan about raising salaries when their liberal saviors rally behind raises for positions that don't even require finishing high school.