By the time the minimum wage reaches $15, Wal-Mart, Target, McDonald’s, and Panera Bread will be different places. There will be no cashiers at Wal-Mart, Target and the like; and robots will flip burgers at McDonald’s and prepare soups, sandwiches and salads at Panera Bread. The $15 minimum wage movement has a good cause: it wants to make sure that everyone in America is paid a "living wage." But they want get there the wrong way -- by disconnecting salary from performance, turning business enterprises into welfare agencies.
from Forbes - Leadership http://ift.tt/29KWvIz
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