For those who are arguing for a $15/hour minimum wage, meet your - TopicsExpress

For those who are arguing for a $15/hour minimum wage, meet your replacement. How cost effective is replacing an organic employee with a mechanized one? According to an economic blog, and unsurprisingly, the machines likely come out on top in terms of pricing: •For a location open 24 hours: The cost of human cashiers, not counting benefits, $15/hour * 24 hours * 365 days/year = $131,400 •For a location open 6AM to Midnight: $15/hour * 18 hours * 365 = $98,550. •For the machine to be cost effective, all it needs to do is cost less than $100,000 a year to buy and maintain

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