Kevin opined how every workers union should revamp their approach from the perspective of 'maximum wage.'
The minimum wage has always been something that employees have had strong opinions about, especially minimum-wage workers. There are consistent efforts to raise the minimum wage to ensure better compensation for employees, along with increasing living costs and taxes. However, according to @notkevinglidden, raising the minimum wage is not the solution to alleviate the financial problems workers usually face. At the start of his recent video, Glidden begins by saying, "If you want better wages, don't fight to RAISE the minimum wage. Fight to lower the maximum wage." He then states how every workers union should revamp their approach from the perspective of "maximum wage."
It means companies would now be liable to pay at least ten times the compensation of the lowest-paid worker. Even with what sounds like a prominent figure, Glidden insists that unions must emphasize that such a figure is "still too low." The video has gained over 2.3 million views, 408 thousand likes on the platform and 8 thousand comments. Individuals who saw the clip were intrigued by his unique suggestions and voiced their opinions in the comments section.
@katvonmea said, "Yes! If the boss wants more money, then he has to take us all with him. We need a max wage as well." Companies also employ interesting tactics; as @enaartoday pointed out, "The issue I've seen with companies that make these policies is they just start contracting the lower paid jobs - needs to have a clause for that too." @isthiscreativeenough1 provided another method saying, "Well, actually, I think it should be some formula with payroll because instead of paying everybody more and encouraging cutting jobs, we can increase." @jony_castle_1551 highlighted: "It's a good thought but a horrible idea if they aren't even considering giving more; they sure as hell ain't going to take from themselves."
According to FinMasters, the federal minimum wage has not seen an increase in over ten years, which is shocking. Minimum wage workers continue to suffer as living costs increase. The minimum federal wage has been $7.25 since 2009, which was 14 years back. The country witnessed the highest minimum wage in 1968 when it was revised owing to inflation. It's also important to note that each state has its own minimum wage rate.
Washington has the highest minimum wage at $14.49 per hour, which is not very significant—the year 2021 witnessed 181,000 Americans earning minimum wage and an eye-opening 910,000 citizens earning below minimum wage. Most minimum wage workers tend to be youngsters who are usually between 20 to 24 years of age. With the value of the dollar decreasing, these rates imply that workers have very poor purchasing power as well. Kevin's idea, which may sound like asking for too much, might just be the solution to help minimum wage workers in the long run and prevent their exploitation by companies. It may also prove fruitful to higher earning members as they would also want a salary increase. Considering all the variables, the idea is viable if it's implemented properly.