If they pay the employee a living wage while their competition does not, then they cannot compete.
What is the employer’s lifestyle? How many millions does he or she have?
You’re setting up a false dichotomy of only two options - pay more and go out of business OR pay less and be competitive.
How about a third option? The third option is that the guy doesn’t need two yachts, he doesn’t need vacation homes, he doesn’t need
to be a billionaire while the rest of society suffers. So, take a pay cut and/or give your employers stock/profit sharing in the company.
Owners are quick to complain that labor is so expensive but will never work at their own business. “Oh but I own six restaurants, I couldn’t possibly work at each one, I have to spend my time “managing” all six!” Owning more than one business is the problem. If you want to own a business you need to work at that business. Physically.
I admit I don’t know how that looks for global megacorporations but I’m pretty sure the answer is we shouldn’t have allowed global megacorporations to exist.
The third option is that the guy doesn’t need two yachts, he doesn’t need vacation homes, he doesn’t need to be a billionaire while the rest of society suffers.
If you think the percentage of employers that fit this description is a number with more than one digit, you are completely delusional.
What is the employer’s lifestyle? How many millions does he or she have? You’re setting up a false dichotomy of only two options - pay more and go out of business OR pay less and be competitive. How about a third option? The third option is that the guy doesn’t need two yachts, he doesn’t need vacation homes, he doesn’t need to be a billionaire while the rest of society suffers. So, take a pay cut and/or give your employers stock/profit sharing in the company.
Owners are quick to complain that labor is so expensive but will never work at their own business. “Oh but I own six restaurants, I couldn’t possibly work at each one, I have to spend my time “managing” all six!” Owning more than one business is the problem. If you want to own a business you need to work at that business. Physically.
I admit I don’t know how that looks for global megacorporations but I’m pretty sure the answer is we shouldn’t have allowed global megacorporations to exist.
If you’re waiting on billionaire with a yacht to do the right thing, you’re going to be waiting a long time.
My point is that sometimes we need to force the hand of the employer to do the right thing.
If you think the percentage of employers that fit this description is a number with more than one digit, you are completely delusional.