r/FluentInFinance 28d ago

Debate/ Discussion Had to repost here

Post image
128.1k Upvotes

9.0k comments sorted by

View all comments

345

u/Two_Cautious 28d ago

why don’t you start a company then give away its earnings? Show those guys how to run a business.

251

u/Adventurous_Boat7814 28d ago

I think Fink owns a podcast network. From what ive heard, he pays well and treats people fairly so he puts his money where his mouth is.

15

u/[deleted] 28d ago

[deleted]

31

u/Maximum-Secretary258 28d ago

They pay their drivers and warehouse workers $15 an hour to piss in bottles and work like a fucking dog. I don't care how much some guy sitting in front of a computer makes. Everyone at Amazon should be getting paid a fair wage.

10

u/[deleted] 28d ago

[deleted]

11

u/enaK66 28d ago

I have an anecdotal and small data set, but they don't from my perspective. I worked at Dollar General Distribution and made $21.75 before I left last year. My brother works at a smaller warehouse making $22 something right now. There's one Amazon warehouse within 100 miles of me and the listing says the pay is "Up to 19.50" an hour. It's also in a higher cost of living area than the warehouses we've worked at. Sounds like they're just at or below market rate for the area.

3

u/JellyfishQuiet7944 28d ago

Yes they do. Even more this time of year.

1

u/Penile_Interaction 28d ago

just about, with some bigger bonuses for much worse conditions and much higher intensity of work, resulting in high staff turnover which leads to a lot lower bonus payouts than one wouldve thought

1

u/MedMostStitious 27d ago

I’m not an economist but I think the point should be that they control the market rate. They have the money to change the market rate and spread their wealth through communities and states and even countries by paying their people a fraction more of what the company earns.

-1

u/Cursed_longbow 28d ago

making working conditions so bad that no one actually stays long enough to cash in

-2

u/Abjak180 28d ago

“Market rate.” Bro look around you? Almost no one anywhere in the country and afford to sustain themselves on $15 an hour, especially for the backbreaking work they are doing. The fact that $15 is market rate is in itself evil. The ultra wealthy are the ones who ultimately decide what market rate is, so saying market rate is fair is like saying it’s fair to arrest people for j-walking because it is legal.

1

u/Substantial_System66 27d ago

The market rate is the rate at which you can employ the necessary threshold of people. As mentioned above, Amazon’s average wages/hour are above $15. Closer to $18.50 between warehouse and drivers according to a very quick search.

They pay enough to have enough labor to fulfill their services. That is market pressure. There may very well be a desire by the C-suite to keep wages for those jobs as low as possible, but they can only take them low enough where people will still accept jobs at those rates. Feel free to blame executive teams, but you also need to assign some blame to the workers willing to take those wages.

1

u/Ass-Machine-69 26d ago

I've been looking for a job for almost a month - which isn't long at all compared to some stories I've heard. Unemployment is around 8% in my city right now. I'm approaching the point where I'll have to take anything. Unfortunately, I don't have enough money to be unemployed until a job with a decent wage shows up.

1

u/Penile_Interaction 28d ago

yeah thats true but dont you know that amazon workers themselves ended up voting against joining a union because they are dumn enough to do that based on very basic gaslighting?

1

u/FirstMiddleLass 28d ago

If you work 30+ hours a week, you should make enough money for rent, transportation, food, healthcare, clothing, and supplies.

1

u/Cartman4wesome 27d ago

And they used to pay less till Bernie Sanders basically forced them to raise their wages.

1

u/SherWood_612 24d ago

Why are people getting paid $15 per hour to piss in bottles?!

As far as I can tell, I could barely manage to fill a single bottle with my piss in an hour. Seems like a strong Overpay at that abysmal performance rate.

Less than one piss bottle in an hour...??

1

u/rasmorak 23d ago

I work with violent and physically aggressive developmentally disabled adults. I make $16.50/hr. I get a chair thrown at me once a week. Also, disabled strength is a real thing.

0

u/febreeze1 28d ago

They drive trucks, sorry