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Its basic accounting. If you have to pay someone $15/hr, they better be providing at least that much value back to you, otherwise you're running a charity
by bognition 8y ago
Its basic accounting. If you have to pay someone $15/hr, they better be providing at least that much value back to you, otherwise you're running a charity
- RangerScience 8y agoFlip it. If you're gong to pay someone $15/hr, you better have something that needs doing that's worth that much to you. One way to look at employment is that it's your responsibility, as the employer, to know how much a job is worth to you; it's their responsibility to perform that job. If you're having people do something that's not worth what you're paying them? I would say that sounds like you're not running your business very well.
- qwerty777666555 8y agoBut there is no “I’m going” but rather “I’m forced to”. So if I don’t have something worth 15/h in my shop should I shut out?
- acpetrov 8y agoAnd what if you need floors mopped? Now the small business is just getting gouged for that service
- kgwgk 8y agoThat’s the point: business won’t have people do something that’s not worth what they have to pay them. That’s what the OP said: “Can't produce that much? no work for you. This ensures that, even in the article's revised view, those who do suffer are those most needy.”