2 ms·
Higher wages will translate into higher prices, until you tie wages to executive pay, make it so no executive can take home more than 80X what the average worke
by gremlinsinc 10y ago
Higher wages will translate into higher prices, until you tie wages to executive pay, make it so no executive can take home more than 80X what the average worker in the company makes - Not including salaries of excutives in the tally - then raising wages = raising their own salaries. When executive pay is tied to employees' -- you'll have surplus because they won't be able to give themselves bonuses or extra pay and will either have to grow the business and hire more employees are just keep it in the company bank vault for a rainy day.