On other hand if you can not afford to pay your employees wages they can survive on you do not deserve to be in business. You should go out and any resources you use should instead be used in way that can reasonably sustain workers.

As much as I think you can't raise minimum wage indefinitely, I kind of agree with this a bit as well.

I would be in favour of some sort of mechanism that ties "Number of your employees needing additional benefits to survive" (Universal Credit in the UK) to "How much in profits you can give to shareholders". Even an annually published official list of "inadequately paying companies" would be something.