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by gptgpp
1207 days ago
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You're citing gross profits, when what you actually want to look at is net income, no? For 2022 that was about 6 billion. So now we're talking about a 12.5% increase in wages, in exchange for the entirety of the net profits.' The best part is that it is common practice not to give people full-time hours so that they don't qualify for benefits. So I imagine of those 2M employees, a huge amount aren't exactly getting a living wage even after that 12.5% increase. |
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Gross profits are fine. We’ll leave the 25%. If people aren’t working full time (which was assumed in the calculation) then that means it’s >25% increase in salary. Seems pretty life changing to those employees tbh. Imagine a 25%-50% raise? Life changing to someone who is intentionally denied work so they can be denied benefits.