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Chapter 094 Minimum Hourly Wage

Lin Yaren picked up the "Asakura Shimbun" on the top of the stack of newspapers from the right corner of his desk. He held it in both hands and unfolded it to read it. After all, he had not had time to read today's newspapers.

About a quarter of an hour later, Lin Yaren couldn't help laughing when he saw the news on one side of the newspaper and said, "Politicians are worthy of being politicians. In order to attract votes, they tricked the middle and lower classes into the first place."

Li Yuner temporarily stopped working, raised her head and looked at him not far away, and asked inexplicably: "What does it mean?"

"The campaign program proposed by politicians is to raise the minimum hourly wages for ordinary citizens." Lin Yaren said bluntly.

"Isn't this a good thing?" Li Yuner said in a more and more puzzled manner.

"On the surface, raising the minimum hourly wage is a good thing, and it seems that it can indeed increase the income of migrant workers.

However, in fact, some people will benefit, and some people will also suffer the interests of some people. The damage will be fired by the boss and thus lose their jobs.

In other words, while the minimum hourly wage increases, the unemployment rate will also increase at the same time. In fact, this is a simple basic concept in economics.

The hourly wages of different jobs and cities are different. Just for example, the boss originally had five people under his command, and each of them had an hourly wage of 1,000 yen.

He needs to pay a total of 5,000 yen to his employees every hour. If the minimum hourly salary is increased to 1,200 yen per hour, he needs to pay 1,000 yen more than in the past, that is, 6,000 yen.

It’s just that the cost increases and the benefits do not increase, what do you think the bosses will do? The answer is yes, of course they won’t do it.

Method 1: Increase the current price of goods or services sold. This is often denied by bosses. In fact, the reason is very simple.

If you raise the price but your peers don’t raise the price, doesn’t it mean that your original customers will also go to your peers to spend? It will naturally make their interests even worse.

Method 2: It is to make a layoff when the labor cost is not changed. It is also the most effective and safest way to turn the past five employees into 4 employees.

Even if the hourly salary of each employee is 1,250 yen in the past, which is 50 yen higher than the minimum standard, it only allows the boss to pay a total of 5,000 yen per hour.

Not only that, although the income of the four employees who stayed has increased by 25% compared to the original, they also need to bear 25% more workload than in the past. After all, there is one less person, and four people do five people's work.

If someone is dissatisfied, he will not quit his job voluntarily. At such a critical moment, it is better to keep his job first than anything else. Moreover, the person who resigns also cannot guarantee that he will find a similar job immediately.

As for the person who was laid off, it is the one whose interests were damaged. Even the boss can only pay the remaining four employees at a minimum hourly salary of 1,200 yen, which is a total of 4,800 yen.

In this way, he can also save 200 yen of labor costs per hour. The minimum hourly wage that originally protected workers became beneficial to the boss.

Therefore, in order to cheat votes, politicians made a decision to make a decision on their heads and people." Lin Yaren slowly made the most detailed analysis for her.

After hearing what he said, Li Yuner suddenly realized and said, "The politician's mouth is indeed a lie."

"If the minimum hourly wage does not comply with the laws of the market economy, it will only be superficial. Its role not only does not protect workers, but it is also extremely likely to become an excuse for bosses to lay off employees.

Cost control is necessary for any company. With the unchanged profits, labor costs will inevitably lead to a decline in the company's profits.

The bosses are all capitalists, not philanthropists. Even if a boss wants to be kind, he may still be subject to the shareholders of the board of directors.

As investors, shareholders often only care about the amount of profit and do not care about the life or death of their employees." Lin Yaren said one thing.

"Can't the workers unite to resist?" Li Yuner asked thoughtfully.

"The possibility is not great. First, taking the example I gave you before, sacrificing one person can increase the income of the other four people.

Do you think the other four people will unite the minority who were sacrificed? It’s impossible! You should know that human selfishness. Moreover, their interests are different.

Although the four people who kept their jobs knew that their workload would increase compared to the past, they felt that their income also increased accordingly.

In addition, they also have the illusion that the people who are left behind have strong work ability, while the people who are laid off have poor work ability.

Instead of giving the part that belongs to you to the excess who have been laid off, it is better to take it all by yourself." Lin Yaren already had the thinking logic of being a capitalist and said with a smile.

"But, however, there is a possibility that anyone of the five people will be laid off. If there is not a big difference between people, the probability of each person being laid off is 20%.

Logically speaking, is it the best way to protect themselves if they should unite?” Li Yuner raised her doubts.

Lin Yaren smiled and said, "It seems that you didn't pay attention to listening to the selfishness of human nature in my previous words.

In addition, there is also a arrogant side in human nature. None of the five people will have the idea that they are worse than the other four people.

At least, I wouldn’t I be the one with the worst ability among the five people. Do I have to take risks and do things that are not in my own interests?

What's wrong with this lack of people and increasing your income? Even if the fight is successful, the boss will have other ways to cause trouble in order to control costs.

For example, the form of working overtime for free. For example, the work that they had done for eight hours a day turned out to only seven hours, and the workload was the same as in the past."

"A evil capitalist." Li Yuner suddenly learned the tone that Kim Eun-hye had before her words.

"Capitalists are not evil, but are also forced by the market. The result of rising company costs will only lead to the loss of competitiveness of their goods or services.

If the company's performance becomes worse and worse, it means that it will be not far from bankruptcy. By then, everyone will be done and lose their jobs." Lin Yaren put away his smile and said seriously.
Chapter completed!
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