One need only to look at job postings to see that companies are clueless about the actual cost of living. There are so many jobs that are starting out at $12 or $13 an hour that it is laughable. Have you seen the cost of apartments these days? Don't get me started about car insurance.
I just watched a video of Aetna's CEO Mark Bertolini where he talks about the fact that he had no idea that some of his employees were on public assistance, but when he found out he raised their wages and the company didn't lose money! Diane asked the question that I have asked so many times which is why don't more companies do this then. I mean, you need only look at companies like Starbucks, Chick-Fil-A, Publix etc to see that you can have higher prices, pay your workers more, have some great incentives and still make money. Other companies need to take notice because we can't go on like this much longer in this country.
See the clip below
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