Forum Discussion
way2roll
Sep 13, 2021Navigator II
Gdetrailer wrote:way2roll wrote:
You get what you pay for. This is applicable to employees as well. All relative though, you pay more for employees then you pay more for the end product.
Nope.
That is not how that works.
So, if a RV manufacturer paid twice as much wage, they WILL have to raise the price of your new RV by twice as much to cover the added labor expense.
RV manufacturers just like any other business must take into consideration the entire cost of the employee.
Doubling the wage, means the employer pays double their part of SS, plus means any 401K matches must increase and any other benefit costs that the company incurs for each employee.
Now, if every business must increase the wage, that means everyone will in the end pay more for all goods and services which in the end results in eating up every penny of that increase.
So, would you be willing to pay $50K for a RV that used to cost $25K with the exact same level of current quality? That is what in fact you and many others are proposing.
So you say what I said is not how it works and then went on to explain exactly what I just said. ??
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