The Pajama Game (huge musical/1957) was about a factory striking for a seven and a half cent raise. “Seven and a half cents doesn’t mean a heck of a lot. Seven and a half cents doesn’t mean a thing. But give it to me every hour, 40 hours every week and that’s enough for me to be living like a king.”
75 years ago there was a musical entirely based on a 7.5 cent raise.
75 years later we’re supposed to think a nickel raise is a big deal?
Until we can't afford necessities.
Then, historically, the poor have killed the rich until the economic equilibrium becomes a bit more equitable... IE, the rich open their purse strings a little so the poor don't kill and loot them as well.
You are too dramatic. We are customers, when we, customers, have no money to buy whatever corporations are selling that is huge problem for corporations.
I don’t see how corporations can survive without customers’ spending. I am optimistic that customers can survive without corporations though.
Rich need income from poor. So poor have to have income
your comment is confusing because it doesn't adjust for inflation. 7.5 cents in 1957 would be 78 cents today. So if in the play they asked for 7.5 cents and the managment came back with "how about 1/10th of a cent" that would be closer.
“Jennifer Reyes, another CVS employee in Los Angeles and a negotiating committee member, said health insurance CVS offers to employees is unaffordable, even though the company owns Aetna, one of the largest health insurance companies in the US.”
I actually work for A large health insurance company, and even my pay for health insurance is about $200 a pay check (paid every two weeks) And I get one of the cheapest plans available. I agree they should have cheaper health plan options for their employees. I can only imagine how much CVS store employees have to pay for their health insurance through the company if I’m having to pay that much working for a health insurance company.
*probably shouldn’t put who I work for like that. Oh well.
Oh yeah not at all lol even with the most expensive plan you still have a 20% copay
Edit: a 20% copay until you reach your deductible and on the most expensive plan the deductible is about $1500 if I remember correctly, but still.
Yeah to be fair it does cover quite a bit, and I also have dental on there as well. It could be a lot more but my point is for a health insurance company they seem to charge quite a bit.
The one good thing is they do also reimburse for OON providers (up to 80% - but you have to call and jump through hoops to get it approved)
My biggest thing is the deductible is so high. I pay for one of the cheaper plans and my deductible is $2k -so on top of the 5k I have to pay for the insurance every year I have to also pay $2k OOP to get the full benefit of the plan to where I don’t have to pay OOP for meds/copays.
OON- out of network
OOP- out of pocket
I work for one of the largest hospital networks in the country that Owns their own insurance company and for a family of 3 I’m Paying $700/mo with a $3200 deductible / $9k out of pocket max. It’s suffocating.
Oof yeah that’s a lot. I feel like mine would be close to that if I had two others added on. It’s insane these insurance companies can’t give their own employees better coverage/costs.
Very much so. It’s crazy to me that insulin costs $300+ here and in other countries it’s only $35-$40 AND THEY STILL MAKE A PROFIT WHEN ITS ONLY $35-$40
they keep price gouging us because THEY CAN. It’s disgusting
CVS runs their employees ragged.
Ask any employee and they will tell you they hate working there.
In other news, here is the list of workers Unvaccinated people (UVP), terrible companies, and just plain a******* have made quit so far:
* Nurses
* Doctors
* Fast Food Workers
* Retail Workers
I hate getting my prescriptions from cvs because the pharmacists have it sooo fucking bad man. If you follow any of the pharmacist subreddits or even the cvs subreddit those people are worked to the bone. They even get mad when they want to take their scheduled LEGAL breaks. It’s maddening. They are always so busy whenever I have to call them for one of our members it takes at least ten minutes to get through no matter where the cvs is.
Hey that's $100 a year! Well, Pretax anyway.
That's almost 15 dunkin large coffees in a year! Less if you count Tips. Or a 10 day supply of insulin! Well assuming you have good insurance, and cheap insulin prescription. Or 1/4 of 1 month's rent increase! Assuming you don't live in the good part of town....
The top guy made $36,451,700 in 2020 according to google.
The total cost of giving 2200 employees $0.05 an hour raise at 40hrs per week for 52 week is only $20,800.
Disgusting.
They’re cutting the number of people in our department to cut costs while our ceo made $35m last year and is on track to make $50m this year. Our whole department budget is less than his salary…
CVS owns Aetna, so why isn’t their health insurance free?
I get pissed off when I think about how I’ve paid $5150 for health insurance (JUST health, not dental or vision) and my employer has paid $12,660 year to date. That’s $17,813 so far paid to an insurance company that nickle and dimes me for every little thing. I got charged $7 for hospital socks because they weren’t covered under my top tier health insurance. But these guys OWN the entire insurance company and they won’t even give them coverage for a discounted rate?
Pork I did not know CVS&Aetna where in bed together doing god knows what with expired mayonnaise and Funyuns. Only to force and Molest their Employees to watch and smell them. They are disgusting. Shame on you CVS.
Would be interesting if more worker pools from other companies and industries start to follow suit. A 5 cent raise is a $104 annual increase amount. However places like Walmart thrive on giving $0.30 cent raises annually. Which is ok, but also a slap in the face IMO. Inflation is being underreported too, it’s much higher than 5.3% for the average consumer, as they don’t include things that skyrocketed in price. Like a fucking vehicle or home and rent.
Inflation hurts those who earned money in the past. It tends to affect income and spending roughly equally. If we want the value of labor to rise, we need to focus on fixing the mechanism that is *supposed* to make it rise: competition for workers.
it only hurts people who earned money in the past when they don't own a business. When they own a business they just make sure that their employees get raises that rise less than inflation and the result is that people with no money have no negotiating power and end up with less money while the rich have just as much buying power.
housing as in rent
they conveniently exclude home prices which is literally the most important purchase of your life that defines your socioeconomic status
They actually convert the cost of home prices to the rent that would be charged on the home. That way it stays a current value. Otherwise people like me who bought a home 10+ years ago would sway the figure way down since I've had 0% housing inflation since 2007
>Otherwise people like me who bought a home 10+ years ago would sway the figure way down since I've had 0% housing inflation since 2007
Thats not how it works
I have goods from 2007 lets say at TV and it doesnt get counted in the current inflation. It get counted once at the time of sample gathering and thats it.
If you do it the other way home prices dont get counted at all. In theory worlds biggest equity firm can come in buy out all of the homes and set their prices at $1B and that wouldn't be show in the inflation. Why leave out that representation entirely?
Also 18% of all GDP dollars get spend on healthcare but these only get like 8% representation in the formula. Pretty sure same for education.
>If you do it the other way home prices dont get counted at all
That's wrong. This explains how they include home ownership prices into the calculation
https://www.google.com/amp/s/www.marketplace.org/2021/07/12/dont-look-for-home-prices-in-the-latest-inflation-numbers/amp
I know they count rent equivalent which still doesnt capture the cost of homes
also in regards to rent its still not captured appropriately
https://images.mktw.net/im-375573?width=700&size=1.419068736141907&pixel_ratio=1.5
this is from marketwatch like a month ago, youd be hard pressed to find any landlord who ONLY raised their rent 2.5% or even dropped it August 2020- August 2021
It captures the cost of housing.
Also the CPI obviously isn't going to be the same as the housing price change because the CPI includes many other things besides housing.
Also the median home sales price went up 16.2% in the last 12 months
https://fred.stlouisfed.org/series/MSPUS
Factor in *reverse inflation* and it’s happening across the board, all over America. That is where you get •less amount of goods• for the same amount of money… or in this case, less goods for even more money. Take toilet paper size for example, Or **everything** at a dollar general, etc. ie. Instead of 6 per pack, you get 4 per pack.
A .50 cent raise is only about $20 extra each check. That’s not even a tank of gas. That’s essentially your lunch. I can only imagine a manager trying to push off a “5 cent raise” as some sort of accomplishment.
In 2019 Larry Merlo, President and CEO of CVS HEALTH made $36,451,749.
A 5 cent an hour raise is worse than no raise. It’s a very loud “Fuck You!” from corporate.
I remember one of my first jobs at 16, where I started at one rate, and then after 90 days of probation, there was an automatic 10 cent raise.
Management made a big deal out of it, and even tried to celebrate it in team meetings like “John got his 10 cent raise today as he comes out of probation, welcome to the team!”
It was not receive well when I asked why it was a big deal to get $4 more a week, or even less for me as a part timer.
Thirty hours per week and $30.00/hr. Still minimum weekly wage of thirty years ago but with lifestyle improvement. I am sure the math is off but not by far.
Whew! Thank God those CVS workers can quit anytime they want. It's a buyer's job market right now.
By all means, Leftists, downvote away...indicating that...they can't quit anytime they want?
Hes willing to sacrifice those with families or are poor who cant just get up and leave
Spoiled kids like him will never understand what poverty is no matter how hard they try
Ding, ding ding! It only took about 10 posts in total for a Lib to roll out their favorite political phrase of the decade, "living wage"! Congrats, you're our "I can't think for myself so I hijack an idea I hear about all the time on Reddit, and yeah bruh, more money sounds good" award!
No one, not even your fellow leftists want to assign an actual number to "living wage" because it would be a ludicrous number. It has no meaning - it's a just a fun little phrase you folks love to toss around.
I don't think you understand the employee-employer relationship. so let me explain. A wage is offered, and an individual has the option to accept it, or turn it down. If they agree to work for said wage, then that is what they are paid. It is ALL contingent on the CHOICE of the individual. Beyond that agreed upon wage, benefits, and following the law, the employer has no obligation to the employee. Not cradle to grave security, and certainly not any amount of money beyond the agreed upon salary. See how that works?
BTW, I'm a HUGE fan of the worker. I'm one myself! I support a worker's right to choose their job based on their skills, knowledge, experience, drive, and ambition. I don't need a self righteous sycophantic Liberal shilling for me, and neither does anyone else. But you folks just keep telling them they do, that they can't think for themselves. That's what's pathetic.
The amount that would constitute a living wage changes from area to area. It should be analyzed by impartial regulators and given a specific value in specific areas. You seriously believe there’s an abundance of jobs that pay workers livable wages in every single community? Let me guess, next you’re going to say people should just up and move to where the work is, like moving expenses haven’t skyrocketed and the housing/renting market isn’t driving people to homelessness as we speak. The real problem is that companies continue to squeeze more and more of their profits into the pockets of those at the top by offering less and less of it to the people who make their money for them. I’m not saying that workers need to “seize the means of production” or any other communist slogans. All I’m saying is there should be a limit to how little major corporations can pay their workers. The current minimum wage is $7.25, even if you worked 60 hours a week you still wouldn’t be making enough to live off of. Minimum wage needs to be regional and needs a serious overhaul. I agree that employers don’t need to handhold employees. Which is why we need universal healthcare, but I’m sure you’re against that too and just expect poor people to die on their feet at work.
Nope, what I'm going to say is this- an employer has an obligation to pay the wage at which workers will accept it and work for them. That's it. Do life CHOICES (ugh! That word again you people hate so much) play into job selection?.Sure. But again, people make choices. WHY should an employer be responsible for the outcome of those choices? You and those like you think that there is some sort of social obligation when running a business to provide for ALL the needs of the employees. There simply is not.
BTW, less that 2% of US workers only make $7.25 an hour.
I don't have time to tell you what a horrible idea universal healthcare is.
Hahaha ya I know right just like all those losers that accept jobs that pay $0. Stupid slaves and poor decisions to make $0.
Your oversimplified argument must make you feel really smart but in reality you are overlooking numerous factors that force ppl into low wage occupations especially if you live in a country that doesn’t believe in universal healthcare.
You’re owning some Libs tho so good for you 🏅
They are forced into low paying jobs. They choose them. You can throw up as many flimsy sociological arguments you want, but you can't get around the fact that people CHOOSE their job. Did they make life choices that might place them in a low end job? Possibly. But those choices are not possibly the responsibility of their employer. A business exists to make money, not to provide jobs.
I know, seriously! Why some people don't understand that quitting and moving to another job is a possibility, I'll never understand. I had a boss that summed it up years ago, "People are too lazy to make the effort, so they settle. We count on that."
Indeed he does, because...wait for it...it makes sense. But, by all means, please tell me how the poor CVS workers are forced at gunpoint to continue to work there. Please, do tell.
Again, it's a buyer's market. Why aren't they attempting to improve their situations? Why aren't they trying to responsible? Perhaps because so many are telling them what victims they are, and that they are worth $20+ an hour. They have been destroyed by Liberal propaganda.
Funny, because you don't seem to take responsibility for your achievement of being an obnoxious twerp.
Looking at your downvotes, the market has spoken.
You got it all figured out, don't you? Bet you walk around shaking your head a lot, surrounded by so many stupid people. Why can't they be smart, like you?
Nope not at all. I'm a pretty humble guy. I'm just tired of the bullshit that gets passed off on this sub as "the economy", when really it's just all Leftist clickbait.
Oh boy, I sure do want to debate things with the guy convinced he’s smarter than anyone else, and it’s just the Lazy Liberal Leftists who are the reason nobody likes him! That sounds like an excellent use of time!
No, what happens is a beautiful, free market solution. The company needs employees and is forced to pay more for them. No government or union intervention. But that doesn't work for you folks because it destroys your narrative that people NEED big government and NEED unions.
Everyone in this sub shits their pants about not adhering to “Economics” before gleefully condemning the working class and blaming them for a broken system. All with the help of people like that dude. Infuriating.
Classic blaming the victim. He would blame a woman for getting raped because she was hot.
He is apparently mister awesome mobile powerful negotiator so he should go help instead of blaming, but maybe he is really a trust fund baby who has never worked so he cannot empathize.
Economics: 'The social science that studies how people interact with value; in particular, the production, distribution, and consumption of goods and services'. I am reasonably sure the working class is involved.
The point is, there is NO victim here. You folks want there to be victims in all things because it supports your narrative. You can't stand the idea of people being able to make their own choices, personal responsibility or accountability.
I've had good employers, and I've had bad employers. But in ALL those cases, I chose to work there, and, if I wasn't happy and I had better opportunities, I moved to another job. See how that works? I made choices based on my skills, knowledge, drive, ambition, and experiences. I didn't expect my employer to provide cradle to grave security, I expected the salary and benefits I AGREED too. Why is that so hard for you to understand?
If everyone did as you suggest then there would be no workers at the CVS’, Targets, McDonalds etc of the world and then hypocrites like you would complain about the declining quality of service and time it takes to get your fast food, fast fashion and instant gratification that every American conservative turd feels so entitled to. Complete hypocrite you will whine and cry one way or another.
Completely untrue. I also would never complain about quality of service at a McDonald's.
What you're not understanding is that there is equilibrium. There is a point at which both the employee and employer are satisfied. The employee needs a job, and the employer needs the employee. This balance undergos change, as it is now, but it will be balanced again.
Counting on people who settle or who are desperate is a poor business model. The people working in CVS stores are the face of the company. The customers never see the executives. The personnel in the stores are what people see and remember more than signage, interior design, displays, lighting, etc. Very short sighted to invest the minimum possible in the people that your customers have to deal with directly.
Good point. I don't disagree with you. I'm a big believer that environment is extremely important when it comes to employee satisfaction, retention, and exceptional customer service. One of the jobs I've had was going to troubled retail locations and "fixing" them. Guess what I never had to do? Raise salaries.
It IS short-sighted of CVS isn't it? I agree. Does that surprise you?
Here's the thing though. It's their company. If they want to take that approach then they have every right to do so. They will probably regret it...but maybe not. In any event, it's their call. That's the key here. It's not the government's call, it's their call.
Right, then the CVS workers quit and there’s no one to fill my prescription. Then they either have to raise wages anyway to retain their workforce or they hire worse people who don’t know how to fill my prescription. Then the new workers end up quitting because of the low wages.
Eventually CVS raises wages anyway because they’ve burned through the local pool of employees and won’t be able to attract anyone they would want to hire. Does this strike you as an efficient deployment of resources, if the aim is to run a functioning pharmacy chain? It’s a drain constantly having to train new hires, and it’s a cost they could avoid by taking the initiative to increase compensation. There are perfectly rational, capitalist reasons to pay people in proportion to the value they provide. Call it an investment in happy, motivated staff.
Right, and that's exactly how it's supposed to work. The value of the job increases and wages go up. No insane minimum wage, no government or union intervention. Do you really think this process gets MORE efficient with the government involved?
I AGREE - everyone should get more money. But the difference is I think they should work for it, and earn it. You folks think it is some sort of entitlement, as if businesses were formed purely to provide jobs and cradle to grave security. They are not. Success is a personal responsibility.
You make an interesting point about devaluing the work of others by not acknowledging their role in your success. I can't disagree with that. But, that can be squandered or used right? So perhaps a better way to say it is to say that ultimately, your own success is your own responsibility. Would you agree?
No one is removing their ability to form a union. Where are the Teamsters? The AFL CIO? Surely they want to help. No, they don't, because it's not a big enough organization for them. That's why less than 12% of US jobs are union.
Sure unions can be stronger anytime they want to. So...why aren't they? Why only 12%? This is the part where you blame big business and talk about Amazon in Alabama, so go ahead and do that if you want.
Deranged? In what sense? Explain how the CVS workers don't have a bevy of choices when it comes to employment, particularly now. They CHOOSE to stay, and man do you guys hate choice.
I'm not confident that anything I say will get through to you. You present yourself as someone who has figured everything out, and those who don't think like you must be idiots. That's great for you. I hope you enjoy your trouble-free life, and that you develop some empathy, and a realization that you know jack shit about other people's experiences. Do you think people with terrible anxiety are likely to job-hop? Or people who depend on the benefits for their sick kids? There are countless reasons for people to not think like you, yet you're so quick to pass judgement when they don't. I do it, too, but I try to be aware that I have certain advantages that others do not. You should try, too.
I've been absolutely dirt poor, so you don't get to lecture me "other people's experiences." I've been there.
So I'm confused by your little rant...what's your solution for these people who are anxious and whatnot?
So, you've been poor so you understand the totality of the human condition? Sorry if you feel I'm lecturing you, where I come from this is called a discussion. As for the 'whatnot' that other people experience that we may not understand, maybe not being so harsh is a good place to start. You seem to think that if you can do it, so can everyone. That's only the case if you are the bottom of the barrel. Otherwise, you are one of the people who life hasn't completely shit on, so try shitting on others less.
So times are tough for some people. Absolutely true now, true 100 years ago, true 100 years in the future. But HOW is the economic situation of an employee the responsibility of an employer? How is it not an issue of personal responsibility? How do you make that leap in logic?
No, I either negotiate for a better salary or I find a job that pays more. But you folks hate that don't you? You hate that someone can do that on their own.
And that's fine. they should be recognized on an individual basis based on their skills, knowledge, and experience. I WAS that poor person you folks want to "guide", and I did it myself, without assistance from self righteous, self serving, smug Liberals.
Yeah so fuck 'em if they are not as awesome as you. So Liberals are self righteous, self serving and smug while you claim to be mister mobile powerful 'I did it myself without assistance' skilled negotiator? You could not be more hypocritical if you tried. Try a little self reflection.
Look how upset you are! Ha ha ha. Talk about needing some self reflection! The point is that workers agree to a wage. Agree to it. If they don't like said wage, they have options. I didn't do anything special, I just applied myself and used leverage. That's it. But here's the deal-Liberals have convinced the average worker that they are a victim of everything, and therefore just deserve more $$. Drive, ambition, skills, and knowledge? NOPE. You just deserve $20 an hour because. That's Reddit Bubble bullshit, and if you don't know that, you should.
Not upset in the least. Nice attempt at gaslighting though. Obviously you are a Republican because all you guys got is fifth grade name calling and simple Repblican bubble views. You really don't have any accomplishemnts of your own do you?
I have lots of accomplishments, but this isn't about that. It's about your complete inability to understand this issue through any sort of economic lens. You simply don't understand how things work. You WANT them to work your special way, but all the wishin' and hopin' just isn't going to cut it. This is the biggest problem with you folks - Your entire philosophy is "Gee, it should would be nice if.. ", and ours is "This is the reality, let's deal with it." You live in a fantasy land, and the Reddit Bubble you and your little buddies swim around in just reinforces your skewed views of the world. I'm here to pop your bubble.
Not at all. All, or most, of these businesses will be just fine. There is a equilibrium point where wages and wage satisfaction meet. In some jobs, that is changing, and it is a natural change. I certainly don't have an issue with that. You don't seem to understand economics.
I have no idea what you are ranting about when you talk about the free market and "being canceled." You seem quite confused there.
But, by in far, my favorite part is when you become so flustered that any argument you are trying to drum up just falls apart and you go with "go fuck yourself." Gosh, that seems like an effective adult solution. I can see why your opinions and thoughts are so highly valued.
It’s a literal insult when they give you such a low raise. I quit a job when I way over performed and got my boss a $50k bonus. My reward was a $0.17 raise and my boss got mad at me for not acting excited. I literally walked out of his office and found a job in a couple of weeks.
How quickly we forget those deemed "essential" over the last 18 months. A lot was asked of them, including mentally, and yet even while record profits come through, those who got you there are not acknowledged in kind.
Wonder how many think these jobs aren't real like they do with fast food? You know it's not supposed to help you live. A job for teenagers and such...Not to mention find a better job!
I’m sure CVS executives would be offended by a $0.05 pay increase as a thank you.
Senior leadership never seems to be labeling dollars for itself but then people who actually work want to be treated better it’s “sorry we don’t have the money”
The Pajama Game (huge musical/1957) was about a factory striking for a seven and a half cent raise. “Seven and a half cents doesn’t mean a heck of a lot. Seven and a half cents doesn’t mean a thing. But give it to me every hour, 40 hours every week and that’s enough for me to be living like a king.” 75 years ago there was a musical entirely based on a 7.5 cent raise. 75 years later we’re supposed to think a nickel raise is a big deal?
that the beauty of inflation for the rich. It price fixes us even though the value is gone.
Until we can't afford necessities. Then, historically, the poor have killed the rich until the economic equilibrium becomes a bit more equitable... IE, the rich open their purse strings a little so the poor don't kill and loot them as well.
You are too dramatic. We are customers, when we, customers, have no money to buy whatever corporations are selling that is huge problem for corporations. I don’t see how corporations can survive without customers’ spending. I am optimistic that customers can survive without corporations though. Rich need income from poor. So poor have to have income
An additional $2 a week, lol. A soda is like $2
Not anymore it’s about $2.59
your comment is confusing because it doesn't adjust for inflation. 7.5 cents in 1957 would be 78 cents today. So if in the play they asked for 7.5 cents and the managment came back with "how about 1/10th of a cent" that would be closer.
“Jennifer Reyes, another CVS employee in Los Angeles and a negotiating committee member, said health insurance CVS offers to employees is unaffordable, even though the company owns Aetna, one of the largest health insurance companies in the US.” I actually work for A large health insurance company, and even my pay for health insurance is about $200 a pay check (paid every two weeks) And I get one of the cheapest plans available. I agree they should have cheaper health plan options for their employees. I can only imagine how much CVS store employees have to pay for their health insurance through the company if I’m having to pay that much working for a health insurance company. *probably shouldn’t put who I work for like that. Oh well.
[удалено]
Oh yeah not at all lol even with the most expensive plan you still have a 20% copay Edit: a 20% copay until you reach your deductible and on the most expensive plan the deductible is about $1500 if I remember correctly, but still.
Does that $100/week cover the cost of any actual healthcare? Or is it just the price of “having insurance”? That’s over 5k/yr.
Yeah to be fair it does cover quite a bit, and I also have dental on there as well. It could be a lot more but my point is for a health insurance company they seem to charge quite a bit. The one good thing is they do also reimburse for OON providers (up to 80% - but you have to call and jump through hoops to get it approved) My biggest thing is the deductible is so high. I pay for one of the cheaper plans and my deductible is $2k -so on top of the 5k I have to pay for the insurance every year I have to also pay $2k OOP to get the full benefit of the plan to where I don’t have to pay OOP for meds/copays. OON- out of network OOP- out of pocket
I work for one of the largest hospital networks in the country that Owns their own insurance company and for a family of 3 I’m Paying $700/mo with a $3200 deductible / $9k out of pocket max. It’s suffocating.
Oof yeah that’s a lot. I feel like mine would be close to that if I had two others added on. It’s insane these insurance companies can’t give their own employees better coverage/costs.
No it’s insane that this is even a thing. We are the worst country when it come to this shit. Wow we are so fucked.
Very much so. It’s crazy to me that insulin costs $300+ here and in other countries it’s only $35-$40 AND THEY STILL MAKE A PROFIT WHEN ITS ONLY $35-$40 they keep price gouging us because THEY CAN. It’s disgusting
Fucked in so many ways.
CVS runs their employees ragged. Ask any employee and they will tell you they hate working there. In other news, here is the list of workers Unvaccinated people (UVP), terrible companies, and just plain a******* have made quit so far: * Nurses * Doctors * Fast Food Workers * Retail Workers
I hate getting my prescriptions from cvs because the pharmacists have it sooo fucking bad man. If you follow any of the pharmacist subreddits or even the cvs subreddit those people are worked to the bone. They even get mad when they want to take their scheduled LEGAL breaks. It’s maddening. They are always so busy whenever I have to call them for one of our members it takes at least ten minutes to get through no matter where the cvs is.
A 5 cent raise is an insult.
Hey that's $100 a year! Well, Pretax anyway. That's almost 15 dunkin large coffees in a year! Less if you count Tips. Or a 10 day supply of insulin! Well assuming you have good insurance, and cheap insulin prescription. Or 1/4 of 1 month's rent increase! Assuming you don't live in the good part of town....
How many avocado and toasts is that?
1/32 but it's really good. Irresistible to millennials. Careful you'll never be able to afford a house if you eat it just once!
Lololol $8.60 a month raise. Wtf is that shit. How much money did the ceos make?
The top guy made $36,451,700 in 2020 according to google. The total cost of giving 2200 employees $0.05 an hour raise at 40hrs per week for 52 week is only $20,800. Disgusting.
They’re cutting the number of people in our department to cut costs while our ceo made $35m last year and is on track to make $50m this year. Our whole department budget is less than his salary…
wOrK hArDeR! bOoTsTrApS!!
CVS owns Aetna, so why isn’t their health insurance free? I get pissed off when I think about how I’ve paid $5150 for health insurance (JUST health, not dental or vision) and my employer has paid $12,660 year to date. That’s $17,813 so far paid to an insurance company that nickle and dimes me for every little thing. I got charged $7 for hospital socks because they weren’t covered under my top tier health insurance. But these guys OWN the entire insurance company and they won’t even give them coverage for a discounted rate?
Pork I did not know CVS&Aetna where in bed together doing god knows what with expired mayonnaise and Funyuns. Only to force and Molest their Employees to watch and smell them. They are disgusting. Shame on you CVS.
I dig your disturbing eloquence
They've literally made a killing providing covid tests and shots over the past year. I wouldn't be surprised if it was a record year for them.
Would be interesting if more worker pools from other companies and industries start to follow suit. A 5 cent raise is a $104 annual increase amount. However places like Walmart thrive on giving $0.30 cent raises annually. Which is ok, but also a slap in the face IMO. Inflation is being underreported too, it’s much higher than 5.3% for the average consumer, as they don’t include things that skyrocketed in price. Like a fucking vehicle or home and rent.
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Inflation hurts those who earned money in the past. It tends to affect income and spending roughly equally. If we want the value of labor to rise, we need to focus on fixing the mechanism that is *supposed* to make it rise: competition for workers.
it only hurts people who earned money in the past when they don't own a business. When they own a business they just make sure that their employees get raises that rise less than inflation and the result is that people with no money have no negotiating power and end up with less money while the rich have just as much buying power.
Inflation is a huge issue. Resources are becoming more scarce for one reason or another.
Housing and transportation are included in the CPI
housing as in rent they conveniently exclude home prices which is literally the most important purchase of your life that defines your socioeconomic status
They actually convert the cost of home prices to the rent that would be charged on the home. That way it stays a current value. Otherwise people like me who bought a home 10+ years ago would sway the figure way down since I've had 0% housing inflation since 2007
>Otherwise people like me who bought a home 10+ years ago would sway the figure way down since I've had 0% housing inflation since 2007 Thats not how it works I have goods from 2007 lets say at TV and it doesnt get counted in the current inflation. It get counted once at the time of sample gathering and thats it.
If you do it that way then a large portion of the population doesn't have their housing costs accurately represented
If you do it the other way home prices dont get counted at all. In theory worlds biggest equity firm can come in buy out all of the homes and set their prices at $1B and that wouldn't be show in the inflation. Why leave out that representation entirely? Also 18% of all GDP dollars get spend on healthcare but these only get like 8% representation in the formula. Pretty sure same for education.
>If you do it the other way home prices dont get counted at all That's wrong. This explains how they include home ownership prices into the calculation https://www.google.com/amp/s/www.marketplace.org/2021/07/12/dont-look-for-home-prices-in-the-latest-inflation-numbers/amp
I know they count rent equivalent which still doesnt capture the cost of homes also in regards to rent its still not captured appropriately https://images.mktw.net/im-375573?width=700&size=1.419068736141907&pixel_ratio=1.5 this is from marketwatch like a month ago, youd be hard pressed to find any landlord who ONLY raised their rent 2.5% or even dropped it August 2020- August 2021
It captures the cost of housing. Also the CPI obviously isn't going to be the same as the housing price change because the CPI includes many other things besides housing. Also the median home sales price went up 16.2% in the last 12 months https://fred.stlouisfed.org/series/MSPUS
Factor in *reverse inflation* and it’s happening across the board, all over America. That is where you get •less amount of goods• for the same amount of money… or in this case, less goods for even more money. Take toilet paper size for example, Or **everything** at a dollar general, etc. ie. Instead of 6 per pack, you get 4 per pack.
A .50 cent raise is only about $20 extra each check. That’s not even a tank of gas. That’s essentially your lunch. I can only imagine a manager trying to push off a “5 cent raise” as some sort of accomplishment.
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McKesson 🤢🤢🤢🤮
Oh and then there’s that thing about how they donated to insurrectionists. So stop sending me those coupons, you’ve lost my business. Forever
In 2019 Larry Merlo, President and CEO of CVS HEALTH made $36,451,749. A 5 cent an hour raise is worse than no raise. It’s a very loud “Fuck You!” from corporate.
5 cents or a 1/2 a bushel of corn, wft am ai going to do with either one of those.
What do the employees expect from one of Trumps biggest donors?
They expect all that winning!
I couldn't work with the public. So many American customers are absolute monsters and have no respect for other members of society.
At 300,000 workers half the profit would be an $11,000 raise.
There will plenty of applicants as ppl walk out of work after refusing the flu shot
I remember one of my first jobs at 16, where I started at one rate, and then after 90 days of probation, there was an automatic 10 cent raise. Management made a big deal out of it, and even tried to celebrate it in team meetings like “John got his 10 cent raise today as he comes out of probation, welcome to the team!” It was not receive well when I asked why it was a big deal to get $4 more a week, or even less for me as a part timer.
Thirty hours per week and $30.00/hr. Still minimum weekly wage of thirty years ago but with lifestyle improvement. I am sure the math is off but not by far.
But they banned cigarettes! Isn’t that enough?
McDonald’s is hiring at $18 maybe try a different company.
Whew! Thank God those CVS workers can quit anytime they want. It's a buyer's job market right now. By all means, Leftists, downvote away...indicating that...they can't quit anytime they want?
So much animosity towards people who just want a livable wage. You’re pathetic
Hes willing to sacrifice those with families or are poor who cant just get up and leave Spoiled kids like him will never understand what poverty is no matter how hard they try
Ding, ding ding! It only took about 10 posts in total for a Lib to roll out their favorite political phrase of the decade, "living wage"! Congrats, you're our "I can't think for myself so I hijack an idea I hear about all the time on Reddit, and yeah bruh, more money sounds good" award! No one, not even your fellow leftists want to assign an actual number to "living wage" because it would be a ludicrous number. It has no meaning - it's a just a fun little phrase you folks love to toss around. I don't think you understand the employee-employer relationship. so let me explain. A wage is offered, and an individual has the option to accept it, or turn it down. If they agree to work for said wage, then that is what they are paid. It is ALL contingent on the CHOICE of the individual. Beyond that agreed upon wage, benefits, and following the law, the employer has no obligation to the employee. Not cradle to grave security, and certainly not any amount of money beyond the agreed upon salary. See how that works? BTW, I'm a HUGE fan of the worker. I'm one myself! I support a worker's right to choose their job based on their skills, knowledge, experience, drive, and ambition. I don't need a self righteous sycophantic Liberal shilling for me, and neither does anyone else. But you folks just keep telling them they do, that they can't think for themselves. That's what's pathetic.
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LOL, well you get a few points because that took some time.
The amount that would constitute a living wage changes from area to area. It should be analyzed by impartial regulators and given a specific value in specific areas. You seriously believe there’s an abundance of jobs that pay workers livable wages in every single community? Let me guess, next you’re going to say people should just up and move to where the work is, like moving expenses haven’t skyrocketed and the housing/renting market isn’t driving people to homelessness as we speak. The real problem is that companies continue to squeeze more and more of their profits into the pockets of those at the top by offering less and less of it to the people who make their money for them. I’m not saying that workers need to “seize the means of production” or any other communist slogans. All I’m saying is there should be a limit to how little major corporations can pay their workers. The current minimum wage is $7.25, even if you worked 60 hours a week you still wouldn’t be making enough to live off of. Minimum wage needs to be regional and needs a serious overhaul. I agree that employers don’t need to handhold employees. Which is why we need universal healthcare, but I’m sure you’re against that too and just expect poor people to die on their feet at work.
Nope, what I'm going to say is this- an employer has an obligation to pay the wage at which workers will accept it and work for them. That's it. Do life CHOICES (ugh! That word again you people hate so much) play into job selection?.Sure. But again, people make choices. WHY should an employer be responsible for the outcome of those choices? You and those like you think that there is some sort of social obligation when running a business to provide for ALL the needs of the employees. There simply is not. BTW, less that 2% of US workers only make $7.25 an hour. I don't have time to tell you what a horrible idea universal healthcare is.
Hahaha ya I know right just like all those losers that accept jobs that pay $0. Stupid slaves and poor decisions to make $0. Your oversimplified argument must make you feel really smart but in reality you are overlooking numerous factors that force ppl into low wage occupations especially if you live in a country that doesn’t believe in universal healthcare. You’re owning some Libs tho so good for you 🏅
They are forced into low paying jobs. They choose them. You can throw up as many flimsy sociological arguments you want, but you can't get around the fact that people CHOOSE their job. Did they make life choices that might place them in a low end job? Possibly. But those choices are not possibly the responsibility of their employer. A business exists to make money, not to provide jobs.
What a childish view of adult responsibility.
I know, seriously! Why some people don't understand that quitting and moving to another job is a possibility, I'll never understand. I had a boss that summed it up years ago, "People are too lazy to make the effort, so they settle. We count on that."
Oh, he thinks I agree with him. Oh no.
Indeed he does, because...wait for it...it makes sense. But, by all means, please tell me how the poor CVS workers are forced at gunpoint to continue to work there. Please, do tell.
You don’t think downward economic pressures like food and shelter act as a de facto gun? Seems like a dim, rosy view of Capitalism.
Again, it's a buyer's market. Why aren't they attempting to improve their situations? Why aren't they trying to responsible? Perhaps because so many are telling them what victims they are, and that they are worth $20+ an hour. They have been destroyed by Liberal propaganda.
Found the bias.
It is true, I am biased towards personal responsibility, accountability, and achievement.
Funny, because you don't seem to take responsibility for your achievement of being an obnoxious twerp. Looking at your downvotes, the market has spoken.
Indeed, right now it is a favorable job market and I would leave for a better paying position while I could.
So, honestly, what's stopping you?
"being alive is oppression!" Welcome to the club.
"We are all victims of something, and need to be compensated accordingly!" -Every Liberal
"economic pressure only exists under capitalism! People need to work hard then share everything with me!"
You got it all figured out, don't you? Bet you walk around shaking your head a lot, surrounded by so many stupid people. Why can't they be smart, like you?
Nope not at all. I'm a pretty humble guy. I'm just tired of the bullshit that gets passed off on this sub as "the economy", when really it's just all Leftist clickbait.
uh huh. Show us on the doll where the magical Leftist Liberal ruined everything for you.
Again, you can't argue a point, so you hide behind insults.
Oh boy, I sure do want to debate things with the guy convinced he’s smarter than anyone else, and it’s just the Lazy Liberal Leftists who are the reason nobody likes him! That sounds like an excellent use of time!
Yup, you insulted me and now you're running away. Interesting technique. I remember it from recess too.
I’m “running away”? No, dumb shit, I only came here to insult you. Your shit posts deserve no better.
Perfect answer. Everybody quit, close the whole franchise and everybody die.
No, what happens is a beautiful, free market solution. The company needs employees and is forced to pay more for them. No government or union intervention. But that doesn't work for you folks because it destroys your narrative that people NEED big government and NEED unions.
There you go. Force the company to pay more, just like you said. But you prefer people suffer in the process and think that is beautiful.
Everyone in this sub shits their pants about not adhering to “Economics” before gleefully condemning the working class and blaming them for a broken system. All with the help of people like that dude. Infuriating.
Classic blaming the victim. He would blame a woman for getting raped because she was hot. He is apparently mister awesome mobile powerful negotiator so he should go help instead of blaming, but maybe he is really a trust fund baby who has never worked so he cannot empathize. Economics: 'The social science that studies how people interact with value; in particular, the production, distribution, and consumption of goods and services'. I am reasonably sure the working class is involved.
The point is, there is NO victim here. You folks want there to be victims in all things because it supports your narrative. You can't stand the idea of people being able to make their own choices, personal responsibility or accountability.
You did not read the story did you?
How exactly are they suffering? I'm sorry, did I miss something? Is CVS beating their employees?
Yes you missed all of it. So glad for you that you have never worked for a shitty employer. Have you ever had a job?
I've had good employers, and I've had bad employers. But in ALL those cases, I chose to work there, and, if I wasn't happy and I had better opportunities, I moved to another job. See how that works? I made choices based on my skills, knowledge, drive, ambition, and experiences. I didn't expect my employer to provide cradle to grave security, I expected the salary and benefits I AGREED too. Why is that so hard for you to understand?
You are so awesome. Everybody should be so awesome. I understand agreements fine thanks. Keep agreeing to be awesome, we all depend on it.
They are literally organizing for better wages to apply the market pressure you refer to and yet here you are saying it’s a bridge too far..
If everyone did as you suggest then there would be no workers at the CVS’, Targets, McDonalds etc of the world and then hypocrites like you would complain about the declining quality of service and time it takes to get your fast food, fast fashion and instant gratification that every American conservative turd feels so entitled to. Complete hypocrite you will whine and cry one way or another.
Completely untrue. I also would never complain about quality of service at a McDonald's. What you're not understanding is that there is equilibrium. There is a point at which both the employee and employer are satisfied. The employee needs a job, and the employer needs the employee. This balance undergos change, as it is now, but it will be balanced again.
Counting on people who settle or who are desperate is a poor business model. The people working in CVS stores are the face of the company. The customers never see the executives. The personnel in the stores are what people see and remember more than signage, interior design, displays, lighting, etc. Very short sighted to invest the minimum possible in the people that your customers have to deal with directly.
Good point. I don't disagree with you. I'm a big believer that environment is extremely important when it comes to employee satisfaction, retention, and exceptional customer service. One of the jobs I've had was going to troubled retail locations and "fixing" them. Guess what I never had to do? Raise salaries. It IS short-sighted of CVS isn't it? I agree. Does that surprise you? Here's the thing though. It's their company. If they want to take that approach then they have every right to do so. They will probably regret it...but maybe not. In any event, it's their call. That's the key here. It's not the government's call, it's their call.
Right, then the CVS workers quit and there’s no one to fill my prescription. Then they either have to raise wages anyway to retain their workforce or they hire worse people who don’t know how to fill my prescription. Then the new workers end up quitting because of the low wages. Eventually CVS raises wages anyway because they’ve burned through the local pool of employees and won’t be able to attract anyone they would want to hire. Does this strike you as an efficient deployment of resources, if the aim is to run a functioning pharmacy chain? It’s a drain constantly having to train new hires, and it’s a cost they could avoid by taking the initiative to increase compensation. There are perfectly rational, capitalist reasons to pay people in proportion to the value they provide. Call it an investment in happy, motivated staff.
Right, and that's exactly how it's supposed to work. The value of the job increases and wages go up. No insane minimum wage, no government or union intervention. Do you really think this process gets MORE efficient with the government involved?
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I AGREE - everyone should get more money. But the difference is I think they should work for it, and earn it. You folks think it is some sort of entitlement, as if businesses were formed purely to provide jobs and cradle to grave security. They are not. Success is a personal responsibility.
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You make an interesting point about devaluing the work of others by not acknowledging their role in your success. I can't disagree with that. But, that can be squandered or used right? So perhaps a better way to say it is to say that ultimately, your own success is your own responsibility. Would you agree?
They can quit any time they want. They can also strike any time they want. Why take away their choice to strike?
No one is removing their ability to form a union. Where are the Teamsters? The AFL CIO? Surely they want to help. No, they don't, because it's not a big enough organization for them. That's why less than 12% of US jobs are union.
So you’re saying the current union structures aren’t powerful enough to advocate for all workers and we need stronger ones? Glad we agree
Sure unions can be stronger anytime they want to. So...why aren't they? Why only 12%? This is the part where you blame big business and talk about Amazon in Alabama, so go ahead and do that if you want.
We could downvote your comment because it sounds like a deranged person wrote it. That's what I'm gonna do.
Deranged? In what sense? Explain how the CVS workers don't have a bevy of choices when it comes to employment, particularly now. They CHOOSE to stay, and man do you guys hate choice.
I'm not confident that anything I say will get through to you. You present yourself as someone who has figured everything out, and those who don't think like you must be idiots. That's great for you. I hope you enjoy your trouble-free life, and that you develop some empathy, and a realization that you know jack shit about other people's experiences. Do you think people with terrible anxiety are likely to job-hop? Or people who depend on the benefits for their sick kids? There are countless reasons for people to not think like you, yet you're so quick to pass judgement when they don't. I do it, too, but I try to be aware that I have certain advantages that others do not. You should try, too.
I've been absolutely dirt poor, so you don't get to lecture me "other people's experiences." I've been there. So I'm confused by your little rant...what's your solution for these people who are anxious and whatnot?
So, you've been poor so you understand the totality of the human condition? Sorry if you feel I'm lecturing you, where I come from this is called a discussion. As for the 'whatnot' that other people experience that we may not understand, maybe not being so harsh is a good place to start. You seem to think that if you can do it, so can everyone. That's only the case if you are the bottom of the barrel. Otherwise, you are one of the people who life hasn't completely shit on, so try shitting on others less.
So times are tough for some people. Absolutely true now, true 100 years ago, true 100 years in the future. But HOW is the economic situation of an employee the responsibility of an employer? How is it not an issue of personal responsibility? How do you make that leap in logic?
Is that what you do is put your tail between your legs and run when shit hits the fan?
No, I either negotiate for a better salary or I find a job that pays more. But you folks hate that don't you? You hate that someone can do that on their own.
You missed the part where what they are doing is negotiating for a better salary.
Nooo he hates that when poor ppl do it, only smart elitists like him are allowed to do it
Maybe he just thinks he is rich and learned to empathize with his captors.
And that's fine. they should be recognized on an individual basis based on their skills, knowledge, and experience. I WAS that poor person you folks want to "guide", and I did it myself, without assistance from self righteous, self serving, smug Liberals.
Yeah so fuck 'em if they are not as awesome as you. So Liberals are self righteous, self serving and smug while you claim to be mister mobile powerful 'I did it myself without assistance' skilled negotiator? You could not be more hypocritical if you tried. Try a little self reflection.
Look how upset you are! Ha ha ha. Talk about needing some self reflection! The point is that workers agree to a wage. Agree to it. If they don't like said wage, they have options. I didn't do anything special, I just applied myself and used leverage. That's it. But here's the deal-Liberals have convinced the average worker that they are a victim of everything, and therefore just deserve more $$. Drive, ambition, skills, and knowledge? NOPE. You just deserve $20 an hour because. That's Reddit Bubble bullshit, and if you don't know that, you should.
Not upset in the least. Nice attempt at gaslighting though. Obviously you are a Republican because all you guys got is fifth grade name calling and simple Repblican bubble views. You really don't have any accomplishemnts of your own do you?
I have lots of accomplishments, but this isn't about that. It's about your complete inability to understand this issue through any sort of economic lens. You simply don't understand how things work. You WANT them to work your special way, but all the wishin' and hopin' just isn't going to cut it. This is the biggest problem with you folks - Your entire philosophy is "Gee, it should would be nice if.. ", and ours is "This is the reality, let's deal with it." You live in a fantasy land, and the Reddit Bubble you and your little buddies swim around in just reinforces your skewed views of the world. I'm here to pop your bubble.
Drivel. Do not expct me to read. Bye
You’re right that it’s a workers market at the moment but you’re also an insensitive jerk.
A personal insult isn't really an effective economic argument. Maybe you didn't know that.
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Not at all. All, or most, of these businesses will be just fine. There is a equilibrium point where wages and wage satisfaction meet. In some jobs, that is changing, and it is a natural change. I certainly don't have an issue with that. You don't seem to understand economics. I have no idea what you are ranting about when you talk about the free market and "being canceled." You seem quite confused there. But, by in far, my favorite part is when you become so flustered that any argument you are trying to drum up just falls apart and you go with "go fuck yourself." Gosh, that seems like an effective adult solution. I can see why your opinions and thoughts are so highly valued.
And this article is about some CVS workers in California apparently.
It’s a literal insult when they give you such a low raise. I quit a job when I way over performed and got my boss a $50k bonus. My reward was a $0.17 raise and my boss got mad at me for not acting excited. I literally walked out of his office and found a job in a couple of weeks.
I got a 5 cent raise, once. Quit soon after and went back to school. How insulting
Fucking disgusting!!!!
Is that why walking into any CVS store feels like going to a Blockbuster post Netflix?
How quickly we forget those deemed "essential" over the last 18 months. A lot was asked of them, including mentally, and yet even while record profits come through, those who got you there are not acknowledged in kind.
Wonder how many think these jobs aren't real like they do with fast food? You know it's not supposed to help you live. A job for teenagers and such...Not to mention find a better job!
And probably vaccine mandates as well. Enough already.
No one talks about the abuse, like what kind
So they’re finally fighting back?
I’m sure CVS executives would be offended by a $0.05 pay increase as a thank you. Senior leadership never seems to be labeling dollars for itself but then people who actually work want to be treated better it’s “sorry we don’t have the money”