What comes first, ethics or profit?

What comes first?

  • Profit

    Votes: 6 35.3%

  • Ethics

    Votes: 11 64.7%
  • Total voters
    17
Padawanbater2 said:
If you own a business, what comes first, your ability to turn a profit or the ethical treatment of your employees?

For example, if you make $.01 profit for every business day after costs, but your employees earn a living wage, is that better or worse, in your opinion, than you earning $5.00 profit for every business day, but your employees require government assistance to pay their bills? How did you reach your conclusion?
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Pada, If I were you I would keep that diploma thing on the down low. imo
 
schuylaar said:
i wonder if McD, walmart have that issue..a profit? and yet they suggest a typical hourly should work 80 hours and apply for SNAP to make ends meet..
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I say 60 and minimum wage at that point should cover their basic needs, if not then I would agree that the minimum isn't enough.

The Dream is gonna be more expensive, and is not part of what minimum wage covers.
 
TBoneJack said:
Well, I was thinking about this general kinda thing today while driving to work.

I would want to pay my employees well, but only if I was making a decent profit too, or at least could see it coming in the near future.

I really care about the plight of poor people, minimum wage earners, etc. And I would respect and desire to help my employees. But there's no fucking way in hell that I'm going to go out on a limb and risk my present and future being self-employed mainly to help other people. If I can't see a future of good profit soon, I'm closing that business down and bailing to find gainful employment. My family depends on me doing so.
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This guy ^
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Its a good feeling when you can pay yourself well, and also at the same time do the same for your employees. I pay them well above average, but they bring a lot to the table as well and it keeps the party going for everyone. I get all the guys out and their families many times a year. It costs a lot, but they pay me back come work days just by being the easy going crew they are, and I attribute that to our fun weekends together.

Things have changed. In the beginnings, I took more risks because I had nothing to lose. Now, its my family and 7 others, so looking where I step is a must.

But its my family first, then the other 7.
 
schuylaar said:
that's why smart businesses use bonus, spiff = cash incentive and works well..not to derail this thread but i noticed the company i'm working for is european:lol: no wonder! they know the value of paying your employees better than minimum, benefits and PTO.

minimum is $290/week = nothing

pay minimum; you get minimum!
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my problem isn't anything to do with minimum wage. It's the living wage thing more than anything else. I totally think minimum wage needs to be higher, but $15 for some jobs doesn't sit well with me. I feel for the person who trained and went to school and is an admin or event planner/manager or similar and struggles to even earn their $13/hr when they have school loans and other things to pay. Suddenly the bagger at the grocery store with six teeth and and a body odor problem is making more than him or her the admin. Maybe make the mon wage like $10 or $11. Seems more fair to those who got where they are by working through the ranks.
 
That's just one of the problems with our resident lib's take on this topic. It assumes that next year will be profitable just because this year was profitable. When hard times hit (and they always do), the capital that the business owner accrues, allows for the business to survive and keep paying its employees. Most businesses are undercapitalized from day one.

Here's a fun fact. 65% of small businesses can't make it to four years of operation.
 
MuyLocoNC said:
That's just one of the problems with our resident lib's take on this topic. It assumes that next year will be profitable just because this year was profitable. When hard times hit (and they always do), the capital that the business owner accrues, allows for the business to survive and keep paying its employees. Most businesses are undercapitalized from day one.

Here's a fun fact. 65% of small businesses can't make it to four years of operation.
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here's another fun fact: you hang curtains, rely on your wife's wealth, have a tiny penis, and struggle with mental retardation. even your fellow klansmen think you are stupid.

54-40
 
fobesterdam said:
actually. seems to have made it to home base as your focal point and has now become the object of your shoulder chip. wallow in my penis all you want brah. youre just adding to the self evidentfulness of it all.

way2ez.

iRoll. :roll:
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that's exactly what someone with a tiny penis would say.
 
I think that first and foremost the business is number one... As soon as the business is stable and it's turning a profit to cover its owners ass, then you can start to focus on paying it forward. the better you pay someone the better employee your going to get. But at the same time there is a sense of entitlement with human nature. Seems to be tenfold in the cannabis industry. Anything you get handed to you for a long period of time you start to expect. Like Bonus' and paid vacations . Free weed, smoking on the job, having a good time, Voicing opinions. Once you start to take these things away.. YOU are the asshole.
A good employee is hard to come by.. When you find one, pay them what they are worth to keep them around. The rest... They are easily replaceable.
 
NewtoMJ said:
Are you a sovereign citizen?
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I don't recognize the right of any person or group of people to run my life for me and most important I accept that I don't have any right to run others lives. I believe in consensual human relations. More of a Voluntarist Panarchist, but sometimes definitions can be misleading. I don't think many (any?) citizens by definition are "sovereign", so no I don't use that term to describe myself.
 
Rob Roy said:
I don't recognize the right of any person or group of people to run my life for me and most important I accept that I don't have any right to run others lives. I believe in consensual human relations. More of a Voluntarist Panarchist, but sometimes definitions can be misleading. I don't think many (any?) citizens by definition are "sovereign", so no I don't use that term to describe myself.
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I was wondering, because you sound a lot like someone from that group.
 
spandy said:
I say 60 and minimum wage at that point should cover their basic needs, if not then I would agree that the minimum isn't enough.

The Dream is gonna be more expensive, and is not part of what minimum wage covers.
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so then the dream is only for some?
 
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