Paul S.  Henderson, REALTOR®, CRS, South Puget Sound Washington Agent/Broker! (Fathom Realty Washington LLC)

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Rainmaker
1,172,264
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

SF on July 1, 2016, the minimum wage will increase to $13 , then each year $1 more a year.   

If I make $15 an hour by 2018, I will be be cooking noodles or making pasta.

Today, if we stand at local street corner we can make about $20 an hour together. Want to split 50-50?

 

Nov 22, 2015 01:21 PM
Rainmaker
2,668,933
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

This is dangerous to our economy. Paying people more means charging more for goods. If someone wants more opportunity, seek that out but not a standard that when given, takes away like this will. This is a complex issue

Nov 23, 2015 01:59 AM
Ambassador
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Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

I see both sides of this scenario and still haven't decided if I'm for it or not!   On the one hand, higher wages = increased spending

On the other hand, the small business owner won't be able to afford it and will suffer because of it.

Fortunately, no one I know will be affected.

PS.  I haven't earned minimum wage since the 70's when I was a starving student and realized to earn more I needed to learn more!!

Nov 22, 2015 11:20 PM
Rainmaker
2,759,637
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 Good Monday morning Paul. No, I've not heard of the $15 minimum wage. That is interesting. Talk about entitlement.

Nov 22, 2015 05:07 PM
Rainmaker
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Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Paul. I have mixed feelings about a $15 minimum wage. Everyone that works for me, makes a lot more and they deserve it.

Nov 22, 2015 04:37 PM
Rainmaker
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Paul,

I think we all have had moments where we had felt we worked for a lot less than minimum wages.  That was a while back in our lives.  It all goes back for us to working with the right people in the first place.  Have a great week, A

Nov 22, 2015 12:49 PM
Rainmaker
1,413,224
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Paul, this is coming in California too.  Since this is political and I have EXTREMELY strong views about this, I will keep to myself on this one.

 

I am seeing a backlash from restuarants now.  I've seen pictures (as recently as last night) of automated ordering and payment kiosks at McDonalds.  Chili's has added the ordering and payment tablets to their tables.  "Stacked" a fancy build your own burger joint was the first out here to do that several years back when they opened.  The tech is popular in Australia for many, many years from what I've read.

 

What gets me is as they fight for a higher wage for unskilled entry-level labor meant to get your foot in the door, not be a career path, they cause the price of goods to go up and they encourage restuarant owners to implement technology to eliminate jobs.  We already saw this with the mandatory health care coverage for full-time employees at companies over a certain size.  Many people either lost their jobs or had their hours cut to part time (with their same hourly rate). 

 

They never think of the consequences of their demands.  Business owners will find a way to not go out of business, usually at the cost of the workers.

Nov 23, 2015 04:04 AM
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Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

It is a great way to drive up the unemployment rate and force many small and large companies to downsize.

If that is the objective then it is probably a great idea.

Nov 23, 2015 03:55 AM
Rainer
42,470
Fred Hafdelin
Weichert Realtors - Mountain Lakes, NJ

I make a lot more than minimum wage. I guess if i didn't work as hard and smart as  do I would be making less than minimum wages.

I always thought that minimum wage jobs were just job market or industry entry jobs , not life time jobs. Getting a pay increase to  $15.00 an hour, employees will probably become ineligible for a lot of the welfare programs etc. they are eligible for now because they earn less.  So they gain on one end and lose on the other? I never really looked into it but it does seem to be how it will work.

Nov 23, 2015 02:27 AM
Rainmaker
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Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

The $15/hour minimum wage is a big discussion in California as well.   

Although there are times, when I'm sure we all feel we are not paid enough -- it's a matter of better time management and systems.   

 

Nov 23, 2015 01:28 AM
Rainmaker
450,161
Brenda J. Andrew
ULTIMA REAL ESTATE - Corpus Christi, TX
Professional Realtor in Corpus Christi, TX

I've heard of it and have mixed feelings about it.  I don't think we will be able to afford to eat at yummy McDonalds if that goes into effect, there goes the dollar menu!  I can kind of understand both sides, but some of the jobs are not meant to be for a life time.  It may put some of the mom and pops out of business, and I do believe it's just a government move to get more tax dollars.  As for the other part of the question, it just depends on the transaction and people I am working for.  I am steering away from the ones that try to take me down to that rate!

Nov 23, 2015 12:33 AM
Ambassador
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Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

It's more than the wage, it's the ground rules that a lot of employers have for scheduling that make it tough to make a living. 

Nov 22, 2015 11:48 PM
Rainmaker
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Making minimum wage makes it so tough to even find a rental that is affordable! 

Nov 22, 2015 10:37 PM
Rainer
90,555
Val Evans
Scottsdale, AZ

If you have kids or grandkids who will soon be in college, I would strongly suggest you sway them towards a mechanical/electrical engineering degree. There comes a point in a business cycle where it becomes more cost effective to automate your processess with robotics. We've already seen it in the automotive and agriculture industries. Soon it will become more mainstream, as the costs to employ humans becomes more prohibitive.

Nov 22, 2015 10:17 PM
Rainmaker
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Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I earn many multiples of $15/hour. Even my housekeeper earns more than $15/hour. If I didn't, I'd do something a whole lot less stressful than real estate (maybe clean houses, as when you're done, you're done).

Nov 22, 2015 08:18 PM
Rainmaker
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

As the minimum wage goes up so do prices. Usually price increases outpace minimum wage. Good political conversation but sometimes poor economics!

Nov 22, 2015 08:09 PM
Rainmaker
1,157,535
FN LN
Toronto, ON

Yes.  It only applies in parts of the USA.  It does not apply in Ontario.

Nov 22, 2015 01:15 PM
Rainmaker
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Troy Erickson AZ Realtor (602) 295-6807
Good Company Real Estate - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Paul - Minimum wage of $15/hr is a job you can actually live on in many areas of the country, and is way more than the minimum wage when I was younger. I could never have lived on $3.35/hr. I, like you, always thought of the minimum wage as a stepping stone.

Nov 23, 2015 01:57 PM
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Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I have heard of it but doubt that it will be moving into my area anytime soon.

Nov 23, 2015 11:55 AM
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Karen Fiddler, Broker/Owner
Karen Parsons-Fiddler, Broker 949-510-2395 - Mission Viejo, CA
Orange County & Lake Arrowhead, CA (949)510-2395

I will be interested to see if jobs are lost. 

Nov 23, 2015 10:10 AM
Rainmaker
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I know several businesses that are cutting hours and staff.  I know several high school kids are now without their after school job, and that was just to get the wage to $10.

Nov 23, 2015 07:57 AM
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Paul S. Henderson, Realtor, Tacoma Washington I believe I do make at least minimum wage....lol!

Actually, this will be a challenge for some small local business, I think.

Nov 23, 2015 04:56 AM
Rainmaker
4,799,651
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I would not be in this business if I were relegated to minimum wage.

Nov 23, 2015 04:35 AM
Rainmaker
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Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Our wages are not fixed, they are contingent on our efforts.

Nov 23, 2015 02:04 AM
Rainmaker
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Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

No and No

Nov 22, 2015 11:48 PM
Ambassador
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John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Yes, I've heard of the $15 wage.  It's going to be tough on some business owners but then we have to figure in the cost of living in different areas.  

Nov 22, 2015 10:58 PM
Rainmaker
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Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Paul S. Henderson, Realtor, Tacoma Washington It will be a nice increase for those who will get it. I sure businesses will have to cut their staff to make up that increase. It could mean more people out of work.

Nov 22, 2015 10:04 PM
Rainmaker
2,007,110
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

I know I beat the minimum wage! 

Nov 22, 2015 09:26 PM
Rainmaker
1,429,266
Raymond E. Camp
Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

A sore subject that in the long run will cost us more as the industries they are doing it for modernize. Yes they are planning it here and in the Rochester for city employee's. Taxes!

Nov 22, 2015 09:00 PM
Rainmaker
6,856,058
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I hope that all of your readers make more than $15 per hour. However, the average income of NAR members is very low.

Nov 22, 2015 08:40 PM
Rainer
213,163
Dennis Swartz
Full Circle Property Management - Columbus, OH
MBA, GRI...experience counts!

Listen, let's be honest. If someone makes $15 for a $10 job, then other employees will want $ 20 for a $15 job. Then prices will have to go up to pay for it, then the $15 wage will still be at the bottom-so what exactly is the point? What happened to the idea if you want more then make yourself more valuable?

Nov 22, 2015 06:37 PM
Rainmaker
1,541,748
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

We are.....

15$ min is coming to California too. They are going to raise it to 15 in next 2-3 years. 

Nov 22, 2015 02:58 PM