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So in a recession if GM/Boeing/Walmart demand that all new hires work for no pay for their first year 'as intern trainees' that would be OK? If they fire these

• cwan 17y ago
  Would it surprise you to know that Walmart pays its entry level workers significantly higher than minimum wage? It's relevant because it shows companies like Walmart/Boeing/GM are not price setters / don't have as much control as you presume. Further, the "race to the bottom" in wages is often not desirable or in the interests of a firm. Sure I don't have a problem with the practice you describe, but I'm pretty sure they would being unable to find workers who care enough or are even productive and losing any good workers to others. The employment market doesn't operate in a vacuum.
• defen 17y ago
  Why shouldn't they be allowed to? The hit to their reputation if they tried to pull a stunt like that would be far worse than the damage any law could do - they would never be able to hire new people again. You seem to presume that the law is the only thing keeping corporations in line.
  • apotheon 17y ago
    The truth, of course, is that the law is the only thing keeping corporations alive.