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What this does is remove the ability of the employee to negotiate and possibly get a higher wage. Companies will love this law, because they will just pay ever
by jimrhods23 8y ago
What this does is remove the ability of the employee to negotiate and possibly get a higher wage. Companies will love this law, because they will just pay everyone a lower rate (no negotiating).
Even if you are better or have more experience at a certain job, most companies won't want to deal with public pressure or employee jealousy.
If you look at the wages of Norway for instance, they are almost all the same across the board over multiple industries.
You have effectively removed the wage gap, by making most people poorer. This doesn't sound like a good thing to me. Why can't we remove the age gap, by investing in education and helping people earn a better living? Why does it always have to involve taking money out of the pockets of everyone else?