Raising minimum wage ..RN Salaries increase?

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KelRN215, BSN, RN

1 Article; 7,349 Posts

Specializes in Pedi. Has 16 years experience.
200k? :eek:

A 4 year degree at my alma mater costs more than that nowadays. Annual costs are $70K for this school year- over $20K/year more than when I graduated 10 years ago.

Specializes in Psychiatry, Community, Nurse Manager, hospice. Has 7 years experience.
I am trying to wrap my head around ,raising the minimum wage /nursing salaries .In my area CNA 11/hour ,Lpn 17/hour,Rn 25hour .

Recently they mandate RNs to have a 4 year degree ,which costs between 40-200 k.

If minimum wage increases to 15 hr ..this would force an increase..How can you pay McDonald's workers more ..when CNA's are

doing backbreaking work ,nightshift ,leaving thier families on weakends and holidays ? This would force a increase all the way up .I do worry though ..that this will make staffing short /and healthcare insurance prices to rise .

Minimum wage increases cause increases in skilled labor wages as well. Because if you can work at McDs for 15/hour why would you go to school to work for 15/hour? Minimum wage increases also generally improve the economy and increase employment. You have increased employment when minimum wage is enough to afford rent, utilities, food; because it is worth it for people to work.

This will not create short staffing in hospitals. CNAs will make more, and more people will stay in the job.

Minimum wage increase benefits everyone.

mrsboots87

1,761 Posts

Specializes in Neuro, Telemetry. Has 8 years experience.
Minimum wage increases cause increases in skilled labor wages as well. Because if you can work at McDs for 15/hour why would you go to school to work for 15/hour? Minimum wage increases also generally improve the economy and increase employment. You have increased employment when minimum wage is enough to afford rent, utilities, food; because it is worth it for people to work.

This will not create short staffing in hospitals. CNAs will make more, and more people will stay in the job.

Minimum wage increase benefits everyone.

Because the majority of hospital systems are all about the $$$$, even the "non-profit" ones, they would likely just hire less ancillary staff because of the higher wage requirement. Thisnin turn, adds more workload to the nurses. Or they start making higher staffing ratios for nurses, which is both unsafe and makes more work for the nurses. Either way, nursing gets screwed. I can imagine it would be like this in many other professions as well.

Guest219794

2,453 Posts

Minimum wage increases cause increases in skilled labor wages as well. Because if you can work at McDs for 15/hour why would you go to school to work for 15/hour? Minimum wage increases also generally improve the economy and increase employment. You have increased employment when minimum wage is enough to afford rent, utilities, food; because it is worth it for people to work.

This will not create short staffing in hospitals. CNAs will make more, and more people will stay in the job.

Minimum wage increase benefits everyone.

How many minimum wage employees do you have?

Specializes in Cardiac Telemetry, ICU.

You know, I do find it ironic that those crying loudest for an increase in the minimum wage are those with far less responsibility and skill than a CNA while earning approximately the same wages.

I'm still in nursing school, but back when I was earning $10.50 an hour, it never occurred to me to continuously demand a higher wage from my employer. Since the wage I desired couldn't or wouldn't be met, I simply moved on and enrolled into college. I can't relate to their mindset at all.

LibraSunCNM, MSN

1,632 Posts

Specializes in OB. Has 10 years experience.
I'm still in nursing school, but back when I was earning $10.50 an hour, it never occurred to me to continuously demand a higher wage from my employer. Since the wage I desired couldn't or wouldn't be met, I simply moved on and enrolled into college. I can't relate to their mindset at all.

Advocates of increasing the minimum wage generally do so because it is nearly impossible to live on a minimum wage income, even if you work full time, in most parts of the country, not just because they are lazy or greedy. I understand there are economic arguments against increasing it that are somewhat valid, but let's not start painting low-wage workers as welfare queens.

Has 3 years experience.

The problem is the top 1% of this country owns 40% of the wealth. When you have that much inequity between the top earners and the bottom workers, you need to have some sort of way of leveling the playing field so the bottom workers can afford some kind of way of life. Sure, you could go back to school to earn more, but that's not an option for everyone. And the truth is, there will always be someone that takes that job at McDonald's, and that person should make enough to cover the cost of inflation. This gap continues to grow and I believe we aren't angry enough about it. Paying people a fair wage, even our lowest workers, strengthens families and increases health and wellbeing.

Specializes in Psychiatry, Community, Nurse Manager, hospice. Has 7 years experience.
How many minimum wage employees do you have?

I don't understand your question.

Guest219794

2,453 Posts

I don't understand your question.

Well, it was a bit tongue in cheek. The statement I was challenging was "Minimum wage increase benefits everyone." I think that is naive, and is probably not shared by all those actually paying minimum wage.

Hypothetical ice cream shop that pays minimum wage to high school students. They have no particularly unique or difficult skills. The owner works his tail off and is not wealthy. The kids who work there don't need a living wage, they need some pocket money. Any more that he pays them is money out of his pocket that won't be helping his kids pay for college.

I don't think he benefits from minimum wage increases. If he did, he would simply raise wages. I am quite sure that there will be some businesses right on the edge of survival that will fold if minimum wage goes up.

That being said, I agree that minimum wage should be raised. Effectively, minimum wage has gone down hugely.

It's just that I accept the fact that economic decisions are complex, and very few benefit everybody. They need to be seen in balance.

This is very much on my mind as a new tax code is being developed. There are people who have made it their life mission to make rich people richer. They are telling me that that with certain changes, everyone, including me, will benefit. While I think it is awesome that they have taken a sudden interest in my well being, I am a bit skeptical.

Melandstarz

1 Post

There is a school in CA that charges $170,000 for the BSN program. The tution, from what I hear from current students, is getting ready to increase again.

Specializes in Psychiatry, Community, Nurse Manager, hospice. Has 7 years experience.
Well, it was a bit tongue in cheek. The statement I was challenging was "Minimum wage increase benefits everyone." I think that is naive, and is probably not shared by all those actually paying minimum wage.

Hypothetical ice cream shop that pays minimum wage to high school students. They have no particularly unique or difficult skills. The owner works his tail off and is not wealthy. The kids who work there don't need a living wage, they need some pocket money. Any more that he pays them is money out of his pocket that won't be helping his kids pay for college.

I don't think he benefits from minimum wage increases. If he did, he would simply raise wages. I am quite sure that there will be some businesses right on the edge of survival that will fold if minimum wage goes up.

That being said, I agree that minimum wage should be raised. Effectively, minimum wage has gone down hugely.

It's just that I accept the fact that economic decisions are complex, and very few benefit everybody. They need to be seen in balance.

This is very much on my mind as a new tax code is being developed. There are people who have made it their life mission to make rich people richer. They are telling me that that with certain changes, everyone, including me, will benefit. While I think it is awesome that they have taken a sudden interest in my well being, I am a bit skeptical.

It may sound naive, but it is still true.

Don't take my word for it though.

Look at what happened to our economy when minimum wage was enough for a decent living. FDR was all about this. What happened to our economy when the minimum wage was a living wage, not a wage for pocket change?

We did all benefit.

A lot of people think that the economy of a nation runs the same way as personal finance. The idea is that every time you put money one place, it is taken from another place. That is the way personal finance works.

But that is not the way a national economy works. Economists have proven this, but since it is a political idea about which we all vote, and some people even become morally attached to their ideas, we don't make the best decisions for our economy.

Everyone benefits when money flows, rather than staying stagnant. Minimum wage as the wage of a decent living, fuels the flow of the economy.