Quote:
Originally Posted by dpevans
Some of you don't really understand the concept of having "employees". The hourly wage is only one part of the total package. The hourly salary minus any taxes paid are what you are free to spend but add in the hidden cost. You are have great health care and part of that are low contributions and low deductible rates. So someone with 10k out of pocket for family that deductible comes right out of your pocket. The company pays in an additional 6% in SS which you will collect down the road, hopefully if you live past 62. You also receive a great pension package compared to most workers. You also collect this down the road. The pension and early retirement package most workers would drool over so when you say it's not in my paycheck you are being shortsighted. these compensation packages are paying for your and your family long term well being. Now is it fair compensation for what you do, I don't really know but when you say your hourly rate is your living wage maybe you need evaluate the total compensation package. Most people would love a 10k bonus around the holiday. People working side by side should be making the same amount of money.
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Again no one here is denying that the benefits that the company provides on top of your hourly salary isn’t free and costs them money. It’s a part of an employees compensation package. But it’s a matter of lumping it into the HOURLY wages is the issue I have. They are paid $30/hr plus health and benefits. Simple as that, not $60/hr.