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Some other commenters have pointed out: huge difference between artificially mandating this sort of wage through legislation and a company deciding on their own
by shireboy 5y ago
Some other commenters have pointed out: huge difference between artificially mandating this sort of wage through legislation and a company deciding on their own to do so because of economics, generosity (such do exist, not all), etc.
It also ignores whether it is sustainable long term, and economic impact should it continue. For all we know, this could put the company out of business financially. I hope not, but it could. And, should it become a trend or government mandate, the impact on inflation and other economic factors is a question.
In the end, likely pros and cons, and hard to balance:
https://www.cbo.gov/publication/55681 https://www.cbo.gov/publication/55681