So your claim that "you clearly in no way value the skills any of these people bring to the business, otherwise you'd be inclined to offer more in the first pla

So your claim that "you clearly in no way value the skills any of these people bring to the business, otherwise you'd be inclined to offer more in the first place" is true whenever you're paying (the minumum wage that is) less than market rates. That's seems quite uncontroversial. If you pay less than market rates you may have a problem (in a perfect market, at least).