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A different answer: Pay them when their labor is actually worth.
by crankylinuxuser 7y ago
A different answer: Pay them when their labor is actually worth.
- wallawe 7y agohow do you determine that if not at what the market sets it at?
- trentnix 7y agoThere is no other way. The market ALWAYS sets it, no matter how strong it’s regulated. The real minimum wage is zero.
- dgacmu 7y agoBut the regulation strongly influences what the market will pay. The trend of allowing companies to have employees sign non-competes for relatively low skilled jobs, for example, depresses wages by impeding competition for labor.