3 ms·
> Some businesses genuinely can't operated at a higher cost price as well I'll believe that when executive pay at said companies isn't high enough to cover hir
by tw04 5y ago
> Some businesses genuinely can't operated at a higher cost price as well
I'll believe that when executive pay at said companies isn't high enough to cover hiring 1000+ front line workers that they supposedly can't find.
Their CEO alone made $14m last year and their wages are $15-33/hr. "Can't afford" isn't the issue.
- Frost1x 5y agoThere are some small businesses that are barely viable who really can't operate at much higher labor costs. That means they probably shouldn't be viable because labor is propping their model up with artificially low wages.
- peytn 5y agoCan you explain? How are wages artificially low? Why is insolvency the solution instead of lowering payroll taxes or whatever business owners generally advocate for?