It's also not really about the money. It's about quality of life. If you're the kind of boss that starts whining because you are no longer able to coerce victim

It's also not really about the money. It's about quality of life. If you're the kind of boss that starts whining because you are no longer able to coerce victims into working for you then perhaps there are plenty of things other than hiking wages that are at your reach that could have a profound impact on your ability to retain employees. I'm sure slaveowners also complained when they suddenly were not able to whip people into working.