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The real answer is that you should pay what the labor is worth. $20/hr may or may not be the right amount.
by schwartzworld 6y ago
The real answer is that you should pay what the labor is worth. $20/hr may or may not be the right amount.
- eesmith 6y agoIt's a complicated answer because of laws nerfing collective labor power in the US, like Taft-Hartley. That is, I believe there's a big thumb already lowering wages to below its worth. So the real question is, how do we determine "worth"? Some countries with strong unions, like Denmark, have an equivalent of $20/hour minimum wage for McDonald's employees, even though Denmark has no minimum wage.